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Recent Articles from Virginia Business
Economic Development: BUDDY RIZER
Under Rizer, Loudoun attracted $6.55 billion in new commercial investment in 2021, and in June, Irish energy management company Hanley Energy announced an $8 million expansion of its electrical division in Ashburn, a move expected to create 343 jobs. The self-styled “godfather of data center alley,” Rizer, who became Loudoun’s economic development head in 2007, […]
Federal Contractors/Technology: TOM ARSENEAULT
When asked what makes him passionate about his work, Arseneault restates part of BAE Systems’ mission: “We protect those who protect us.” Arseneault, whose first job was as a farmhand in Connecticut, added CEO to his title in 2020, after becoming president and chief operating officer in May 2019. He’s spent more than two decades […]
Federal Contractors/Technology: LYNN MARTIN
Martin joined Google Cloud in December 2021 after spending eight years as vice president of government, education and health care at another cloud services provider, VMware Inc. In June, Google announced the creation of Google Public Sector, a subsidiary focused on bringing Google Cloud technologies, including artificial intelligence and machine learning tools, to federal, state […]
Federal Contractors/Technology: CAREY A. SMITH
Smith joined Parsons, a Fortune 1000 federal defense contractor, in 2016 as president of its federal solutions business, leading the acquisition and integration of four companies and helping take the company public in 2019. She was tapped as the defense contractor’s new CEO in 2021, a promotion from her previous post as president and chief […]
Government/ Politics: STEPHEN E. CUMMINGS
With more than 40 years in the banking industry, Cummings now serves as Virginia’s secretary of finance, appointed in January by Gov. Glenn Youngkin. His duties include oversight of the state’s departments of accounts, taxation, treasury, and planning and budget. His most recent position was president and CEO of Mitsubishi UFJ Financial Group in […]
Finance/Insurance: VICTOR BRANCH
The first Black president of Bank of America’s Richmond market is intent on chipping away at some of Richmond’s toughest problems. In March, Virginia Union University announced Bank of America had given $1 million to fund a financial literacy and financial services workforce development program that will serve both students of the historically Black university […]
Finance/Insurance: MARK A. FRANTZ
In December 2021, Frantz’s venture capital firm launched and closed a new $215 million investment fund, its third, which offers $10 million to $50 million to qualified growing businesses. The firm, which Frantz co-founded with Kevin Robbins in 2009, added former Perspecta CEO Mac Curtis last year as a venture fellow, after Peraton Inc. bought […]
Hospitality/Tourism: JIM McGLOTHLIN
McGlothlin and high school friend Clyde Stacy rolled the dice and successfully lobbied the Virginia General Assembly to legalize casinos in select Virginia cities, a gamble that seems to be paying off. On July 8, a temporary version of Hard Rock Hotel & Casino Bristol debuted at the old Bristol Mall, which will operate until […]
Retail/Wholesale: CHARLES E. TYSON
In 2022, Tyson is overseeing a rapid acceleration of LL Flooring, expecting to open between 20 and 25 new retail locations by the end of the year, in addition to the chain’s existing 431 stores. Previously known as Lumber Liquidators, LL Flooring moved its headquarters from Toano to Richmond in 2019. Tyson, who joined the […]
Law: KEN RANDALL
Randall became dean of the Antonin Scalia Law School in 2020 following his success as dean of the University of Alabama School of Law. During his 20-year tenure, UA’s ranking rose from 96th to 21st on U.S. News & World Report’s Best Law Schools list. Randall also launched the first online Master of Laws degree […]
