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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Sever_Michael
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 […]

Tyson_Charles
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 […]

Barkin_Tom-NEW
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, […]

Hart_Ted
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 […]

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[...]

20180420-Spring-Gala-253
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 […]

Heatwole_Corwin
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 […]

Bell_Tom
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 […]

Walker_Tom
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: TOM WALKER

After a 17-year stint as a Navy officer, serving as a nuclear power engineer on submarines, and another 17 years as president of software company Web Teks, Walker launched DroneUp, a provider of aerial drone services, in 2016. The Virginia Beach tech company has grown quickly since then, purchasing Web Teks in 2021 and partnering […]

Jevsevar_David
Virginia 500 August 30, 2023

Health Care 2023: DR. DAVID S. JEVSEVAR

In 2022, Jevsevar became CEO of OrthoVirginia, the largest independent orthopedic practice in the state, with 140-plus specialists across more than 35 locations in Lynchburg, Northern Virginia, Richmond, Southwest Virginia and Hampton Roads. A board-certified orthopedic surgeon, he previously served as chair and regional vice president of orthopedics for Dartmouth Hitchcock Medical Center and Clin[...]

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Top Stories

ASRC Federal President and CEO Mike Manzo. Photo courtesy ASRC Federal

ASRC Federal names new CEO, as Felix steps down

ASRC Federal, the Reston-based federal contractor and subsidiary of Arctic Slope Regional, has a new[...]

Virginia Gov. Glenn Youngkin speaks at a Sept. 16, 2025, news conference announcing a $5 billion Eli Lilly pharmaceutical manufacturing plant for Goochland County. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technolo[...]

Tatia Daniels Granger. Photo courtesy Averett University

Averett University names next president, its fourth in 18 months

Tatia Daniels Granger becomes Averett University's fourth president in 18 months as the Danville sch[...]

KevinMurphy_500Web

Ferguson planning $1.6B acquisition of Texas valve distributor

Ferguson Enterprises announced that it has agreed to acquire FloWorks for $1.6 billion from private[...]

Michael LaRouche. Photo courtesy Serco

Serco CEO is leaving to lead KBR spinoff

Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Tec[...]

At the Norfolk International Terminals, four ultra-large container vessel berths are in operation. Photo courtesy Port of Virginia

Virginia ranks No. 3 in CNBC Top States for Business list

Virginia is ranked third in the annual CNBC Top States for Business list, up one spot from last year[...]

People

Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026

Diana Cantor. Photo courtesy VCU Health

Richmond-area attorney is first elected chair of VCU Health

15/7/2026

Robin-Rossmann

CoStar taps European managing director as next CFO

15/7/2026

Regions

Newport News, Virginia Tech and state officials on April 22 hold a ribbon cutting to celebrate SEFC’s opening. Photo by Josh Janney/Virginia Business

Energy tech hub opens in Newport News

The Secure Energy Future Center backed by Virginia Tech opens in Newport News with $2.7 million fund[...]

The new Volvo VNR 300 was introduced in February. Photo courtesy Volvo Trucks North America

Volvo Trucks’ Dublin plant rolls out regional hauler

Volvo Trucks North America’s Dublin plant has begun production of the new VNR regional hauler, boo[...]

Tenaska, a Nebraska energy company, hopes to build a battery energy storage project near Leesburg. Photo by Alamy

$750M battery storage project eyed in Loudoun

Energy company Tenaska is seeking approval for a $750 million, 425-megawatt battery energy storage p[...]

A rendering of Virginia Technology Park, a data center campus proposed in Frederick County Image courtesy Frederick County

Valley communities prepare for data centers

As interest in data centers grows across Virginia, Shenandoah Valley communities are debating how to[...]


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