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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

2022 Virginia 500: Manufacturing
Virginia 500 August 29, 2022

Economic Development: WILLIAM H. ‘WILL’ PAYNE II

Under Payne’s leadership, InvestSWVA helped land Atlanta-headquartered EarthLink, which is set to create 285 jobs in Norton, part of a larger plan to market former coal-mining land for other uses. A graduate of the University of Virginia Darden School of Business’ Global Executive MBA program, Payne holds several significant roles in Southwest Virginia. In addition […]

Education: AIMEE ROGSTAD GUIDERA
News August 29, 2022

Education: AIMEE ROGSTAD GUIDERA

With a background in K-12 education strategy, Guidera was the first person appointed by Gov. Glenn Youngkin to his Cabinet, announced a month after the Republican was elected governor.  Before becoming state education secretary, she ran an education consultancy, Guidera Strategy, and also founded the Data Quality Campaign, a nonprofit that compiles national education-related data. […]

Hemphill
News August 29, 2022

Education: BRIAN O. HEMPHILL

 Hemphill is no stranger to building partnerships. After becoming Old Dominion University’s president in summer 2021, he helped forge a partnership between ODU, Norfolk State University and Eastern Virginia Medical School to create a regional school of public health. Later in the year, ODU, EVMS and Sentara Healthcare entered into an agreement to create a collaborative […]

Federal Contractors | Technology
News August 29, 2022

Federal Contractors/Technology: ROY AZEVEDO

When Raytheon Intelligence & Space, a subsidiary of Fortune 500 defense giant Raytheon Technologies Corp., acquired Colorado-based space electronics firm SEAKR Engineering for an undisclosed sum in late 2021, Azevedo spoke about the race to control space. “Today’s growing space market demands greater innovation, technological expertise and ability to deliver to a higher space standard [...]

Bill Dean is CEO of M.C. Dean, a billion-dollar company that grew out of the electrical firm his grandfather started in 1949. Photo by Will Schermerhorn
Virginia 500 August 29, 2022

Federal Contractors/Technology: WILLIAM H. ‘BILL’ DEAN

When Dean took over as CEO of the electrical engineering firm founded by his grandfather in 1949, M.C. Dean had “150 good employees with good DNA and a great work ethic,” Dean told Virginia Business in 2020. Dean joined the company in 1990 to start its technology division and became president and CEO in 1997. […]

Todd Stottlemyer. Photo courtesy CNSI
News August 29, 2022

Federal Contractors/Technology: TODD STOTTLEMYER

The head of health information technology company CNSI since 2018, Stottlemyer remained CEO after the company changed hands in December 2021. Washington, D.C.-based private equity firm The Carlyle Group purchased CNSI, which was founded in 1994 as Client Network Services Inc., for an undisclosed amount. CNSI processes medical claims, billing and health benefits for Medicaid […]

Finance | Insurance
Virginia 500 August 29, 2022

Finance/Insurance: NIGEL MORRIS

The website Crowdfund Insider describes Morris “as one of the most famous and successful fintech investors in the world.” Along with Richard Fairbank, who Morris calls “one of the most special human beings on the planet,” Morris co-founded Capital One Financial Corp. in the early 1990s. He left his position as Capital One’s president and […]

Law: VICTOR CARDWELL
Virginia 500 August 29, 2022

Law: WILLIAM R. ‘BILL’ VAN BUREN III

A past president of the Virginia Bar Association and the Virginia Law Foundation, Van Buren joined his firm — then known as Canoles, Mastracco, Martone, Barr and Russell — in 1981, after graduating from the University of Virginia School of Law. Also a William & Mary alum, Van Buren comes from the family that formerly […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: MATTHEW ‘MATT’ GANNON

Gannon oversees Colliers’ offices in Washington, D.C., Northern Virginia and Maryland, with more than 50 real estate professionals providing clients with an array of services including representing commercial tenants and landlords and providing valuations and appraisals, and marketing and research. Colliers, an international commercial real estate and investment management corporation, has o[...]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: BOB MILKOVICH

Milkovich joined Rand, a privately owned, nationwide commercial general contractor specializing in retail and restaurant construction, tenant interiors and building renovations, in January 2019 as its chief. He succeeded Linda Rabbitt, who founded the company more than three decades ago. Before that, Milkovich served as CEO of First Potomac Realty Trust, where he led the […]

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Top Stories

MacKenzie Scott gives record $50M to Virginia State University

MacKenzie Scott gives record $50M to Virginia State University

Billionaire philanthropist MacKenzie Scott gives $50 million to Virginia State University, marking i[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 350 employees

Goochland County-based Fortune 500 used car retailer CarMax is laying off about 350 employees nation[...]

Construction workers, bottom right, atop the U.S. Treasury, watch as work continues on a largely demolished part of the East Wing of the White House on Oct. 23, 2025, before construction of a new ballroom. (AP Photo/Jacquelyn Martin)

Two Virginia companies donate to White House ballroom project

Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million Whi[...]

A bronze statute of Lady Justice holding scales

Virginia Supreme Court hears $2B trade secrets case

McLean-based software company Appian argued it should receive the record-breaking $2.04 billion jury[...]

Amazon to pay $2.5B in FTC Prime membership settlement

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artif[...]

Disney to build its 7th theme park, this one in the United Arab Emirates

Booz Allen Hamilton announces new round of layoffs

Booz Allen Hamilton is initiating another round of layoffs amid declining revenues in its most recen[...]

People

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Germanna Community College announces new president

31/10/2025

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Botetourt hires new economic development director

30/10/2025

Paul Phillips will retire from Freedom First at the end of 2026. Photo courtesy Freedom First Credit Union

Freedom First credit union CEO to retire in 2026

29/10/2025

Regions

Digital Gateway opponents score legal win

Digital Gateway opponents score legal win

A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding wi[...]

Federal funding repeals could halt rural broadband expansion

Federal funding repeals could halt rural broadband expansion

The much-heralded broadband expansion efforts in Southwest Virginia may not come to fruition after a[...]

Danville invests $3 million to prep Coleman site

Danville invests $3 million to prep Coleman site

In July, Danville City Council members OK’d an infusion of funding for 158 acres on Gypsum Roa[...]

Data centers stir debate in Frederick

Data centers stir debate in Frederick

After rejecting two major data centers, Frederick County supervisors back a fact sheet to study impa[...]


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