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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Law: VICTOR CARDWELL
News August 29, 2022

Law: THE HON. MICHAEL F. URBANSKI

Born in Italy when his father was stationed there with the U.S. Army, Urbanski went to high school in Newport News and was previously a principal at the Woods Rogers law firm in Roanoke. In 2004, he was appointed to be a U.S. magistrate judge and was appointed to the Western District court’s bench in […]

2022 Virginia 500: Manufacturing
Virginia 500 August 29, 2022

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
Virginia 500 August 29, 2022

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
Virginia 500 August 29, 2022

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 […]

Carey Smith. Photo courtesy Parsons
Virginia 500 August 29, 2022

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 […]

Cummings
News August 29, 2022

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 […]

Victor Branch Contributed photo
News August 29, 2022

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
News August 29, 2022

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: NEIL AMIN
News August 29, 2022

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: POUL WEIHRAUCH
News August 29, 2022

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 […]

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Top Stories

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of [...]

Bryan H. Fairbanks will retire after nearly 23 years with Trex. Photo courtesy Trex

Trex CEO Bryan Fairbanks to retire in April

Trex Co. announced Tuesday that President and CEO Bryan H. Fairbanks will retire April 28 after near[...]

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs i[...]

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,0[...]

Hampton logistics company closes, laying off 63

AOL to lay off 108 tied to Reston office

AOL plans 108 layoffs linked to its Reston office as Bending Spoons completes its acquisition of the[...]

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism o[...]

People

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Dr. Reid Adams. Photo courtesy UVA Health.

UVA Health promotes inaugural chief medical officer

24/2/2026

Atlantic Union Bankshares new CFO Alexander Dodd

Atlantic Union Bankshares appoints new CFO

24/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming rea[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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