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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Federal Contractors/Technology: Y. MICHELE KANG
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: Y. MICHELE KANG

Born in South Korea, Kang moved to the United States as a teen with her family, driven to succeed. She earned her bachelor’s degree from the University of Chicago and her master’s degree from the Yale School of Management. An entrepreneur who started companies and bought and invested in others, she has always been focused on […]

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 […]

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Top Stories

An aerial view of the property Buc-ee's purchased in Stafford County to pave the way for a travel center. Image courtesy S.L. Nusbaum Realty Co.

Buc-ee’s purchases Stafford site for planned travel center

Buc-ee's has purchased more than 35 acres in Stafford County near Interstate 95's Exit 140, paving t[...]

The interior of a data center

Digital Realty to buy Alexandria VC firm founded by Warner

Digital Realty plans to acquire Alexandria venture capital firm Columbia Capital in a deal that coul[...]

Pictured in 2021, George Mason University President Gregory Washington. Photo courtesy George Mason University

GMU president’s contract extended through 2031

Washington's job appeared to be in jeopardy less than a year ago, as the Trump administration launch[...]

Gov. Abigail Spanberger signs a bill increasing Virginia's minimum wage to $15 per hour by 2028.

Virginia budget with data center tax moves to Spanberger’s desk

Virginia legislators passed a compromise biennial budget Monday that includes an electricity consump[...]

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

People

Jacco van Teeffelen. Photo courtesy The Omni Homestead Resort & Spa

Omni Homestead taps new managing director

23/6/2026

CACI International announced that David Young has joined the company as executive vice president and chief operating officer. Photo courtesy CACI

CACI appoints new COO

22/6/2026

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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