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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: KIM LYNCH

Lynch joined Fortune 500 tech company Oracle in January 2023. As Oracle’s executive vice president of government intelligence and defense, Lynch has executed Oracle’s growth strategy and driven innovation in cloud technology. In August 2023, Oracle Cloud Infrastructure was approved to host top secret/sensitive compartmented information missions, allowing the intelligence community and the Depa[...]

Virginia 500 August 29, 2024

Government | Politics 2024: CHARNIELE HERRING

When Democrats took control of the House of Delegates in 2020, Herring became the first woman and first African American to serve as majority leader. After Republicans retook the chamber following the 2021 elections, she became caucus chair but returned to her majority leader role when her party narrowly reassumed power this year. Early experience […]

Virginia 500 August 29, 2024

Health Care 2024: MARK NANTZ

As the head of Valley Health, Nantz oversees more than 6,000 employees and six hospitals, including two in West Virginia, as well as more than 70 medical practices and other facilities. The health system serves a population of more than 500,000 in the Shenandoah Valley, West Virginia and Maryland. It reported $77.8 million in revenue […]

Alberto Schiavon is CEO of Elephant Insurance, based in Henrico County.
Virginia 500 August 29, 2024

Insurance 2024: ALBERTO SCHIAVON

After earning an MBA at the University of Manchester in England, Schiavon started work at the U.K.’s Admiral Group as an international pricing manager. The Italian executive has led Elephant Insurance, the Admiral Group’s U.S. car insurance segment, since 2017.  In a 2023 financial report for the Admiral Group, Schiavon noted that substantial rate increases […]

Virginia 500 August 29, 2024

Nonprofits | Philanthropy 2024: ELIZABETH A. McCLANAHAN

A Buchanan County native, McClanahan has led the Virginia Tech Foundation since 2021. She was previously a state Supreme Court justice and president and dean of the Appalachian School of Law. McClanahan, who fondly recalls attending 4-H Congress on the Virginia Tech campus as a teenager, also serves as a senior adviser to the dean […]

Virginia 500 August 29, 2024

Nonprofits | Philanthropy 2024: JENNIFER MORRIS

Morris has spent nearly 30 years in organizations dedicated to protecting the environment, a passion she developed while teaching in Namibia. She saw how the health of the community she was working with in southwest Africa was impacted by the unhealthy environment. Morris heads a global staff of 4,000 in more than 70 countries and […]

Virginia 500 August 29, 2024

Real Estate 2024: MATT MALONE

Under Malone’s leadership, Groundworks is covering a lot of new ground; as of late June, the water management solutions company already had announced nine acquisitions this year.  This year, Groundworks purchased businesses in Seattle, California and Texas, and expanded into Canada with its acquisition of a Calgary basement contractor. The firm’s rapid growth garnered it […]

Virginia 500 August 29, 2024

Retail 2024: KATE MORA

Kroger tapped Mora to lead its mid-Atlantic division in August. She replaced Lori Raya, who retired after holding the role since 2021. Mora joined Kroger in 2022 as vice president on special assignment supporting End-to-End Fresh, an initiative designed to get the freshest food to shoppers. She went on to serve as vice president for […]

Virginia 500 August 29, 2024

Retail 2024: ROBERT S. ‘BOBBY’ UKROP

Ukrop’s family started a Virginia grocery chain in 1937, which became Richmond’s dominant supermarket brand before it was purchased in 2009 by Dutch retail conglomerate Ahold. The family retained its beloved prepared foods and bakery operations under the Ukrop’s Homestyle Foods brand. Its baked goods and ready-to-eat meals were initially exclusively sold at Martin’s, but […]

Virginia 500 August 29, 2024

Retail 2024: JACK WOODFIN

For Woodfin, heating and cooling is a family affair: His parents, John and Anne, started Woodfin Heating in 1977 to sell heating oil, growing it into one of the largest privately held HVAC-related businesses in Virginia. A Virginia Military Institute and University of Virginia Darden School of Business alum, Woodfin began working with his parents […]

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Top Stories

US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks

The U.S. and China agreed to cut tariffs and pause their trade war for 90 days, calming markets and [...]

CoStar Group Inc. plans to add 750,000 more square feet to its holdings in Richmond, adding an estimated 2,000 jobs. Rendering courtesy CoStar Group Inc.

CoStar to purchase Australian property listings platform for $1.9B

Arlington County real estate data firm CoStar Group announced Friday it has signed a deal to acquire[...]

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

New Arlington hub to boost defense, energy startups

Virtus Innovation Center in Arlington will support 30+ startups in defense and energy, connecting th[...]

Law firms advise businesses on Trump 2.0 policies

Virginia law firms see surge in client questions as Trump’s 2025 executive orders spark regulatory[...]

Dominion Energy plans to develop the nation's largest wind farm — an $8 billion, 220-turbine project — off the coast of Virginia Beach by 2026. Photo courtesy Dominion Energy

Tariffs could add $500M to Dominion offshore wind project

Richmond-based Fortune 500 utility Dominion Energy says the cost of its Coastal Virginia Offshore Wi[...]

People

Lynchburg-based BWX Technologies has named Chief Accounting Officer Mike T. Fitzgerald as the interim CFO. Photo courtesy BWX Technologies

BWXT CFO steps down

12/5/2025

Karen Horn Welch. Photo courtesy University of Richmond

University of Richmond office hires CIO for endowment, assets

8/5/2025

Electra.aero announced that Max Ochoa has joined the company as chief financial officer. Photo Courtesy Electra.aero

Electra announces new CFO

6/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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