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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Living Legends 2023: CAROLE and MARCUS WEINSTEIN
Virginia 500 August 30, 2023

Living Legends 2023: CAROLE and MARCUS WEINSTEIN

In March, the Weinsteins pledged $25 million to the University of Richmond to establish a student learning center that will carry the couple’s name. It was the second largest gift from individual donors in the private liberal arts school’s history, Then, in April, the couple put a cherry on that sundae, donating $3 million more […]

Education 2023: MAKOLA M. ABDULLAH
Virginia 500 August 30, 2023

Education 2023: MAKOLA M. ABDULLAH

Abdullah received the ultimate show of support from VSU in 2022, when he signed a multimillion-dollar deal to stay on as president through 2029. The public historically Black university was struggling financially when Abdullah arrived in 2016, but he has since righted the ship, leading the school to a budget surplus. VSU was ranked No. […]

Retail | Wholesale | Food | Beverage 2023: WILLIAM G. ‘BILL’ CRUTCHFIELD JR.
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: WILLIAM G. ‘BILL’ CRUTCHFIELD JR.

At age 15, Crutchfield founded what would eventually become his electronics retail business by installing hi-fi sound systems in Charlottesville-area homes. Today, his privately held corporation has 750 employees in Virginia and brought in $460 million in revenues in 2022. After launching his first mail-order catalog in 1974, Crutchfield grew the business into a major […]

Nonprofits | Philanthropy 2023: DR. ELIZABETH CHEROT
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: DR. ELIZABETH CHEROT

In July, Cherot took office as the first physician to lead the 85-year-old March of Dimes. She previously served as March of Dimes’ senior vice president and chief medical and health officer, leading the nonprofit’s Office of Maternal and Child Health Impact. Cherot succeeded Karen Walker Johnson, who served as interim CEO since January, following […]

Law 2023: THOMAS C. INGLIMA
Virginia 500 August 30, 2023

Law 2023: THOMAS C. INGLIMA

At Willcox & Savage, Inglima’s practice has focused on mergers and acquisitions, venture capital and securities transactions, intellectual property, licensing and technology transfers, and general corporate work, including advising corporations on matters of governance. The firm — among Virginia’s 20 largest — has grown in the past year, adding three partners and four associate[...]

Real Estate 2023: CARL L. HARDEE
Virginia 500 August 30, 2023

Real Estate 2023: CARL L. HARDEE

Lawson’s president and CEO since 2016, Hardee has been with the company for more than half of its 51 years. He oversees a 190-employee real estate development, construction and management company. In June, Lawson held a grand opening for Market Heights, a 164-unit apartment community in Norfolk, and the company is near completion of 80 […]

Real Estate 2023: WILLIAM A. ‘BILL’ PAULETTE
Virginia 500 August 30, 2023

Real Estate 2023: WILLIAM A. ‘BILL’ PAULETTE

In 1975, armed with $1,000 to invest, Paulette laid the foundation for what would eventually become KBS, a top-ranked mid-Atlantic construction firm. What started as a one-person company with an office in a sheet-metal shop has grown to a firm with 160-plus employees and offices in Richmond and Virginia Beach. KBS is known for projects […]

Virginia 500 August 30, 2023

2023 Virginia 500: Health Care

Nancy Howell Agee CEO, CARILION CLINIC, ROANOKE     Anthony ‘Tony’ Baker EXECUTIVE DIRECTOR OF ENGINEERING, TECHNICAL OPERATIONS LEAD, MERCK & CO., ELKTON     Seth Blackley CEO AND CO-FOUNDER, EVOLENT HEALTH, ARLINGTON COUNTY     Amy Carrier PRESIDENT AND CEO, CENTRA HEALTH, LYNCHBURG     Dr. Sandy L. Chung CEO, TRUSTED DOCTORS; PRESIDENT, AM[...]

Virginia 500 August 30, 2023

2023 Virginia 500: Transportation

Devon C. Anders PRESIDENT, INTERCHANGE GROUP, MOUNT CRAWFORD       Monica Backmon CEO, NORTHERN VIRGINIA TRANSPORTATION AUTHORITY, FAIRFAX COUNTY     Ryan Banas ASSOCIATE VICE PRESIDENT AND HRBT EXPANSION PROJECT DIRECTOR, HNTB, NORFOLK     Judy Barrett PRESIDENT, VIRGINIA MARITIME ASSOCIATION; SENIOR VICE PRESIDENT, TOWNEBANK, NORFOLK     P. Dale Benne[...]

Virginia 500 August 30, 2023

2023 Virginia 500: Professional Services

Jeremy Blank GREATER WASHINGTON MANAGING PARTNER, DELOITTE, McLEAN     Jacob Blondin PRESIDENT AND CEO, RD HOLDINGS, RETAILDATA, INTRICS, GLEN ALLEN     Gloria Bohan FOUNDER, PRESIDENT AND CEO, OMEGA WORLD TRAVEL, McLEAN     Kristen Cavallo CEO, MULLENLOWE GLOBAL, THE MARTIN AGENCY, RICHMOND     Ruth “Paige” Clay SENIOR PARTNER, MID-SOUTH MARKET,[...]

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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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