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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Media 2023: JIM VANDEHEI
Virginia 500 August 30, 2023

Media 2023: JIM VANDEHEI

VandeHei began his path to media entrepreneur as a reporter in the Washington, D.C., journalism trenches, first as a congressional and White House reporter for The Wall Street Journal from 2000 to 2003, and then for three years at The Washington Post, where he also covered Congress and the executive branch. He left the Post […]

Finance | Insurance 2023: STEPHAN Q. CASSADAY
Virginia 500 August 30, 2023

Finance | Insurance 2023: STEPHAN Q. CASSADAY

Cassaday, who has been advising investors for nearly 50 years, founded his eponymous independent advisory firm in 1993. Since then, his firm has grown from $40 million in assets under management to $4.7 billion, with 84 employees and 2,800 clients nationally. Cassaday & Co. has appeared on several “best places to work” lists, and Barron’s […]

Manufacturing 2023: JOHN PARKINSON
Virginia 500 August 30, 2023

Manufacturing 2023: JOHN PARKINSON

A subsidiary of Duroc AB, a Swedish manufacturer specializing in filament yarn and staple fiber, Drake Extrusion has been based in Henry County since 1996, with Parkinson as its CEO since 2001. Its staple fiber is used in various applications such as flooring, rugs, furniture, technical filters, car interiors and nonwoven fabrics. Drake has expanded […]

Transportation 2023: JOHN CUOMO
Virginia 500 August 30, 2023

Transportation 2023: JOHN CUOMO

In 2019, Cuomo took the helm of VSE, which provides aftermarket distribution and maintenance, repair and overhaul services for government and commercial customers in land, sea and air transportation. This year, VSE made some significant strategic moves, including acquiring Desser Aerospace’s distribution and maintenance, repair and operations sectors in July for $124 million. It also [&helli[...]

Real Estate 2023: MARK C. LOWHAM
Virginia 500 August 30, 2023

Real Estate 2023: MARK C. LOWHAM

Lowham has led the Washington, D.C.-region arm of the luxury real estate company since 2011. His office handled the record $48 million sale of the state’s most expensive home, Fairfax County estate River View, to former Washington Commanders owners Dan and Tanya Snyder in November 2021. (According to news reports, the couple has moved to […]

Real Estate 2023: DONNA MacMILLAN-WHITAKER
Virginia 500 August 30, 2023

Real Estate 2023: DONNA MacMILLAN-WHITAKER

As the development partner to fashion and music superstar Pharrell Williams, MacMillan-Whitaker has achieved a significant level of prominence in Hampton Roads, but she’s no flash in the pan. MacMillan-Whitaker has worked in the commercial retail industry since 1985, representing national retailers throughout the mid-Atlantic region. She also founded Commercial Real Estate Services, which me[...]

Virginia 500 August 30, 2023

2023 Virginia 500: Living Legends

Gilbert T. Bland CHAIRMAN, THE GILJOY GROUP; PRESIDENT AND CHAIRMAN, URBAN LEAGUE OF HAMPTON ROADS, VIRGINIA BEACH       Joan P. Brock PHILANTHROPIST, VIRGINIA BEACH   Ric Edelman FINANCIAL ADVISER, AUTHOR, PODCAST HOST, GREAT FALLS   The Hon. Roger L. Gregory JUDGE, 4TH U.S. CIRCUIT COURT OF APPEALS, RICHMOND   John R. Lawson II EXECUTIVE […]

Living Legends 2023: RAYMOND A. ‘RAY’ RITCHEY
Virginia 500 August 30, 2023

Living Legends 2023: RAYMOND A. ‘RAY’ RITCHEY

Often regarded as one of the most influential players in the Washington, D.C., area’s real estate arena, Ritchey announced in March his plans to shift away from his full-time role with Boston Properties at the end of the year. He led the national real estate investment trust’s Washington-region operations, including 170 employees and 36 properties […]

Federal Contractors | Technology 2023: C. JEFFREY KNITTEL
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: C. JEFFREY KNITTEL

As head of Airbus’ Americas arm, Knittel runs the European aerospace giant’s commercial aircraft business for North and South America, as well as its helicopter and defense units. He also chairs Acubed, Airbus’ Silicon Valley-based innovation arm, and serves on the board of Airbus Ventures, the company’s VC firm for early-stage technologies. Before coming aboard […]

Federal Contractors | Technology 2023: SHAWN PURVIS
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: SHAWN PURVIS

Assuming the roles of president and CEO of QinetiQ US in February 2022, Purvis has nearly three decades of experience working in defense, intelligence and cybersecurity. Purvis joined the tech company from Northrop Grumman, where she was most recently enterprise services sector president and a corporate vice president. Before joining Northrop Grumman in 2012, Purvis […]

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Top Stories

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of [...]

Bryan H. Fairbanks will retire after nearly 23 years with Trex. Photo courtesy Trex

Trex CEO Bryan Fairbanks to retire in April

Trex Co. announced Tuesday that President and CEO Bryan H. Fairbanks will retire April 28 after near[...]

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs i[...]

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,0[...]

Hampton logistics company closes, laying off 63

AOL to lay off 108 tied to Reston office

AOL plans 108 layoffs linked to its Reston office as Bending Spoons completes its acquisition of the[...]

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism o[...]

People

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Dr. Reid Adams. Photo courtesy UVA Health.

UVA Health promotes inaugural chief medical officer

24/2/2026

Atlantic Union Bankshares new CFO Alexander Dodd

Atlantic Union Bankshares appoints new CFO

24/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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