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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Agriculture 2023: CORWIN HEATWOLE
Virginia 500 August 30, 2023

Agriculture 2023: CORWIN HEATWOLE

In February, Heatwole announced a $17.8 million expansion to Farmer Focus’ organic poultry processing facility, backed by a $3.6 million U.S. Department of Agriculture grant. The expansion will nearly double the number of chickens processed weekly to 630,000 when it starts operating — probably in early 2024, Heatwole said this spring. Farmer Focus, already one […]

Federal Contractors | Technology 2023: THOMAS A. BELL
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: THOMAS A. BELL

In May, Bell became CEO of Leidos, a Fortune 500 defense, aerospace and information technology firm, replacing Roger Krone, who retired that month as CEO and board chairman after nine years leading Leidos. Bell began his aerospace career at Lockheed Martin. He came to Leidos from Rolls-Royce North America, where he had been chairman and […]

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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

Christen Smith has been named chief revenue officer of LMI. Photo courtesy LMI

LMI names new leaders following CEO change

20/1/2026

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

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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