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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

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 […]

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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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