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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

News August 30, 2023

September 2023 Out and About

1.  Virginia Western Community College Associate Professor Jenifer Kurtz helped situate bee colonies into a new home on campus this spring. In July, VWCC announced it had become an affiliate of conservation program Bee Campus USA. Photo by Amy White.  2.  L to R: Frankie Holland, Bob Wilkin, Frank Garrett, Benita Jordan, Ginny Coleman, Ralph […]

Living Legends 2023: THE HON. ROGER L. GREGORY
Virginia 500 August 30, 2023

Living Legends 2023: THE HON. ROGER L. GREGORY

The son of tobacco factory workers, Gregory has spent his life blazing trails. He’s the first person in his family to graduate from high school. After graduating from Virginia State University and the University of Michigan Law School, he and future Gov. L. Douglas Wilder founded a Richmond law firm in 1982. Wilder became the […]

Education 2023: KARL McDONNELL
Virginia 500 August 30, 2023

Education 2023: KARL McDONNELL

McDonnell is CEO of Strategic Education, an education services holding company that owns for-profit Strayer and Capella universities, the Jack Welch Management Institute and nondegree schools DevMountain, Hackbright Academy and Sophia Learning. Strategic Education was formed in 2018 by the $2 billion merger of Strayer Education and Capella Education. McDonnell was previously president and CEO [&he[...]

Federal Contractors | Technology 2023: REX D. GEVEDEN
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: REX D. GEVEDEN

Before joining BWXT in 2015 as its chief operating officer, Geveden was an executive at Teledyne Technologies, as well as a chief engineer and associate administrator at NASA, where he ran support contracts for the International Space Station and helped develop next-generation lunar vehicles. In 2017, he became CEO of the Lynchburg-based manufacturer of nuclear […]

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 […]

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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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