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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Chandler_Ted
Virginia 500 August 30, 2023

Finance | Insurance 2023: THEODORE L. ‘TED’ CHANDLER JR.

Chandler partnered with Richmond businessmen Jim Ukrop and Bob Mooney to found New Richmond Ventures in 2011. With its name now shortened to NRV, the venture capital firm launched its Early Stage Growth Fund in 2017, garnering $33 million from 83 investors, and provides counseling, connections and capital to a variety of early-stage companies. Prior to […]

mcclenny_rita_0465
Virginia 500 August 30, 2023

Hospitality | Tourism 2023: RITA D. McCLENNY

As head of the state’s tourism agency since 2012, McClenny has seen the industry through ups and downs. In the wake of the pandemic, she helped secure federal dollars to assist statewide tourism rebound. In 2021, 102 million visitors spent $25.2 billion in Virginia, according to a study released by the agency last fall, still […]

Culbreth_Scott
Virginia 500 August 30, 2023

Manufacturing 2023: M. SCOTT CULBRETH

Culbreth began working for cabinets manufacturer American Woodmark in 2014 as chief financial officer and was named president and CEO in 2020. The company’s cabinet brands include American Woodmark, Shenandoah Cabinetry, Timberlake Cabinetry and Waypoint Living Spaces. In April, American Woodmark reported its net sales increased 11.3% year-over-year in fiscal 2023 to $2.06 billion. Last [&he[...]

Jenkins_Jonathan
Virginia 500 August 30, 2023

Manufacturing 2023: JONATHAN JENKINS

In 1976, Culpeper Wood Preservers started from a single location in Culpeper. Today, the company is a leading manufacturer of pressure-treated lumber products for the residential, commercial, industrial and marine markets, with 17 locations around the East Coast and in Indiana and Tennessee. A 1990 East Carolina University graduate who was recruited by the Chicago […]

Cavallo_Kristen
Virginia 500 August 30, 2023

Professional Services 2023: KRISTEN CAVALLO

The Martin Agency’s CEO since 2017, Cavallo was named global head of MullenLowe Group in November 2022 and now holds both jobs, overseeing 13 companies with 4,000 employees worldwide. She previously was president and chief strategy and growth officer of MullenLowe U.S. before leading Martin. Cavallo was named Ad Age’s Executive of the Year in […]

Clay_Paige
Virginia 500 August 30, 2023

Professional Services 2023: RUTH ‘PAIGE’ CLAY

Clay joined the human resources and operations firm, one of Marsh McLennan’s global businesses, in 2011 and uses her expertise in talent assessment and development, organizational design and strategy creation to serve clients in Virginia, Kentucky, Tennessee and the Carolinas. Prior to working at Mercer, Clay was senior vice president of global human resources for […]

2017 McGuireWoods
Virginia 500 August 30, 2023

Law 2023: JONATHAN P. HARMON

In 2017, Harmon became the leader of Virginia’s oldest law firm, which had 266 lawyers in Virginia as of March. A nationally recognized trial lawyer, he brings in millions of dollars representing Fortune 500 companies in bet-the-company litigation actions and has represented giants like DuPont, CSX Transportation and UPS Ground Freight. In the past year, […]

Virginia 500 August 30, 2023

2023 Virginia 500: Federal Contractors | Technology

Craig P. Abod  PRESIDENT AND FOUNDER, CARAHSOFT TECHNOLOGY, RESTON     Reggie Aggarwal  FOUNDER AND CEO, CVENT, McLEAN     Mahfuz Ahmed CHAIRMAN AND CEO, DEXIAN, McLEAN        Ryan Angold CEO, ADS, VIRGINIA BEACH     Tom Arseneault PRESIDENT AND CEO, BAE SYSTEMS INC., FALLS CHURCH     Greg Baroni FOUNDER AND CEO, […]

Virginia 500 August 30, 2023

2023 Virginia 500: Retail | Wholesale | Food | Beverage

Robert A. “Bob” Archer CHAIRMAN AND CEO, BLUE RIDGE BEVERAGE, SALEM       Elizabeth “Liza” Myers Borches PRESIDENT AND CEO, CARTER MYERS AUTOMOTIVE, CHARLOTTESVILLE       Reid A. Brown PRESIDENT, BROWN DISTRIBUTING, RICHMOND William G. “Bill” Crutchfield Jr. FOUNDER AND CEO, CRUTCHFIELD CORP., CHARLOTTESVILLE     Rick Dreiling CEO, DOLLAR TREE, C[...]

Castellanos_Frank
Virginia 500 August 30, 2023

Finance | Insurance 2023: FRANCISCO ‘FRANK’ CASTELLANOS

As Greater Washington market executive for Merrill, the wealth management arm of Bank of America, Francisco Castellanos leads the D.C. market’s nearly 150 financial advisers, overseeing some $31 billion in client assets. He was named to the position late last year, having previously been Merrill’s Greater Virginia market executive and for 18 months also serving […]

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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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