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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Retail | Wholesale | Food | Beverage 2023: KEVIN MURPHY
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: KEVIN MURPHY

It’s been an eventful year for the North American subsidiary of U.K. plumbing and heating products distributor Ferguson, which saw its revenues jump from $22.8 billion in 2021 to $28.6 billion in 2022. In September 2022, the company, which does almost all its business in North America, announced a collaboration with automaker Ford in which […]

Nonprofits | Philanthropy 2023: KEVIN A. LYNCH
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: KEVIN A. LYNCH

The National Industries for the Blind (NIB) plays a critical role in enhancing the independence of people who are blind by offering career training and connecting them to employment opportunities. Lynch has worked for the NIB and its associated agencies since 1994, serving as president and CEO since 2008. He was instrumental in initiating NSITE, […]

Professional Services 2023: RUSSELL ‘RUSS’ MOORE
Virginia 500 August 30, 2023

Professional Services 2023: RUSSELL ‘RUSS’ MOORE

Moore has more than 25 years’ experience in providing auditing, accounting and advisory services to large private and public companies, particularly in the consumer and industrial products space. He became the head of Big Four accounting company PricewaterhouseCoopers’ Richmond market in 2018. Moore joined PwC in 1997. Globally, the company has approximately 328,000 people working [&he[...]

Energy 2023: EDWARD H. ‘ED’ BAINE
Virginia 500 August 30, 2023

Energy 2023: EDWARD H. ‘ED’ BAINE

Baine’s steady rise to the presidency of Dominion Energy’s Virginia operations began when he joined the Fortune 500 utility as an associate engineer 28 years ago.  But the seeds of his career were firmly planted when Baine, who grew up on a Lunenburg County tobacco farm, received a full scholarship to Virginia Tech, from which […]

Health Care 2023: ERIK SHANNON
Virginia 500 August 30, 2023

Health Care 2023: ERIK SHANNON

Shannon, who began serving as interim CEO of UVA Community Health in October 2021, became the health system’s permanent CEO in November 2022. A division of UVA Health, UVA Community Health was formerly known as Novant Health UVA Health System. It has three community hospitals in Manassas, Haymarket and Culpeper, as well as a network […]

Transportation 2023: MONICA BACKMON
Virginia 500 August 30, 2023

Transportation 2023: MONICA BACKMON

Backmon brings more than 20 years of transportation experience to her position, in which she oversees long-range planning, prioritization and funding for Northern Virginia regional transportation, with an aim of reducing congestion and funding multimodal transportation projects. Backmon became the NVTA’s executive director in 2014 and its CEO in 2021. In the past year, the […]

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 […]

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Top Stories

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia'[...]

The University of Virginia Rotunda. Photo by Jay Paul

5 U.Va. board members resign at Spanberger’s request

The New York Times reported Friday evening that three University of Virginia board members have resi[...]

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

Federal court grants Dominion injunction, allowing offshore wind construction to proceed

Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resum[...]

Depositphotos

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and mo[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

People

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Real Estate Information Network's new president John Chandler. Photo courtesy REIN

REIN announces 2026 board of directors

12/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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