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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Professional Services 2023: HARVEY L. JOHNSON
Virginia 500 August 30, 2023

Professional Services 2023: HARVEY L. JOHNSON

Johnson’s 20-year career at PBMares culminated in his appointment as CEO in January 2021, only the second person to hold that position after co-founder Alan S. Witt. Johnson leads PBMares’ strategy and team divisions and was instrumental in leading its cybersecurity and control risk services. Previously, he was practice leader of the financial institutions team […]

Law 2023: RANDALL S. PARKS
Virginia 500 August 30, 2023

Law 2023: RANDALL S. PARKS

Parks became chair of Richmond-based Hunton Andrews Kurth’s executive committee in April 2022 after nearly 35 years at the firm, which employed just under 200 attorneys in Virginia as of March. A University of Virginia School of Law alumnus who also graduated from U.Va. with a bachelor’s degree in chemistry and English literature, Parks previously […]

Real Estate 2023: MICHAEL A. CULPEPPER
Virginia 500 August 30, 2023

Real Estate 2023: MICHAEL A. CULPEPPER

Culpepper serves as Venture Realty Group’s in-house attorney and managing partner, coordinating deal formation, land-use entitlement, and predevelopment services. He previously was an associate with law firm Williams Mullen’s real estate and land use team and was a principal with Fee Simple Legal, focusing on real estate transactions. Culpepper earned his bachelor’s degree from W[...]

Retail | Wholesale | Food | Beverage 2023: ROBERT A. ‘BOB’ ARCHER
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: ROBERT A. ‘BOB’ ARCHER

It’s fitting that Archer lists running as a hobby, noting that he’s completed 13 marathons. Archer’s entire life seems like a marathon toward leading his family business, beginning with earning a business degree from Virginia Tech in 1969, followed immediately by military service with the 82nd Airborne at Fort Bragg (now Fort Liberty) and a […]

Retail | Wholesale | Food | Beverage 2023: MICHAEL SEVER
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: MICHAEL SEVER

Sever, a longtime Hershey employee, was named plant manager of the candymaker’s Stuarts Draft manufacturing facility last year. He had previously worked at the facility, which produces nut-based candies like Reese’s Peanut Butter Cups and Almond Joy, as its site operations leader. The plant, which opened in 1982, is the second largest of Hershey’s seven […]

Retail | Wholesale | Food | Beverage 2023: CHARLES E. TYSON
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: CHARLES E. TYSON

This year started out slower for LL Flooring, with sales declining by 13.7% — from $279 million in the first quarter of 2022 to $240.7 million in the same quarter this year. Tyson, who has headed the flooring company formerly known as Lumber Liquidators since 2020, said during an earnings call that the period has […]

Finance | Insurance 2023: THOMAS I. BARKIN
Virginia 500 August 30, 2023

Finance | Insurance 2023: THOMAS I. BARKIN

As president and CEO of the Federal Reserve Bank of Richmond, Barkin serves as an alternate on the Fed’s interest-setting Federal Open Market Committee and will be a voting member next year. In his position as head of one of 12 regional Fed banks, he is also responsible for the Fed’s information technology. In June, […]

Nonprofits | Philanthropy 2023: TED HART
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: TED HART

Since Hart’s 2012 appointment as president and CEO of CAF America, the organization has seen exponential growth, making more than $3 billion in grants in the U.S. and 135 other countries around the world. CAF America works with philanthropists seeking to support charitable organizations around the world, providing back office support for grantmaking and maintaining […]

Telecommunications 2023: MAGGIE HALLBACH
Virginia 500 August 30, 2023

Telecommunications 2023: MAGGIE HALLBACH

In May, Verizon Business announced a $145.7 million contract to help the U.S. Postal Service transition to a cloud technology platform as it modernizes. Hallbach said Verizon’s network-as-a-service offering will help USPS’ customer support systems run more efficiently. The Postal Service is among Verizon Public Sector’s federal, state and local government customers. Verizon Publi[...]

Living Legends 2023: LOLA C. REINSCH 
Virginia 500 August 30, 2023

Living Legends 2023: LOLA C. REINSCH 

In October, ArtsFairfax will present its philanthropy award to Reinsch, a major donor to arts, health care and educational institutions in Arlington and Fairfax counties. She also was inducted into the Arlington Chamber’s Business Hall of Fame in May, joining her late father, Emerson Reinsch, who founded the real estate development and property management firm […]

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Top Stories

An offshore wind turbine. A boat sits in the background.

Dominion wind farm among 5 projects paused by Trump

Trump administration orders 90-day pause on five East Coast offshore wind projects, including Domini[...]

U.Va. Darden School dean reappointed to third term

U.Va. names next president, defying Spanberger

The University of Virginia's board named Darden School of Business Dean Scott Beardsley as the unive[...]

George Holm will transition to executive chairman of PFG on Jan. 1. Photo courtesy PFG

Performance Food Group announces Jan. 1 CEO transition

Performance Food Group names Scott McPherson CEO effective Jan. 1, 2026, as George Holm transitions [...]

Server room interior in datacenter. Depositphotos

Another massive data center campus proposed in Prince William

LSI 360 has filed an early planning application tied to a massive, proposed data center campus in we[...]

Port of Virginia nears finish of $450M dredging project

Federal employment, trade declined in 2025 in Virginia

Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemploym[...]

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilitie[...]

People

SHRM Linkage has appointed Tracey Walker as its new CEO, effective. Dec. 3. Photo Courtesy SHRM Linkage

SHRM Linkage taps new CEO

19/12/2025

Science Applications International Corp. (SAIC) has tapped Peraton executive Ravi Dankanikote to be chief growth officer. Photo courtesy SAIC

Peraton executive returns to SAIC as chief growth officer

17/12/2025

Theodore “Ted” Tanner Jr. will join Leidos as CTO in January. Photo courtesy Leidos

Leidos names AI chief technology officer

15/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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