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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Frantz-Mark_500Web
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 […]

McGlothlin_Jim_500x500
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 […]

Tyson_Charles
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 […]

Randall_Ken_600x600
News August 29, 2022

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 […]

Moulden_Scott
Virginia 500 August 29, 2022

Professional Services: C. SCOTT MOULDEN

A Virginia Tech alumnus, Moulden has been with Yount, Hyde & Barbour since he entered the accounting profession in 1988. A member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants, he also serves as treasurer for the Frederick County Fair Association and is a board member and […]

Solomon_Stu
Virginia 500 August 29, 2022

Economic Development: STU SOLOMON

Solomon spent 30 years at Accenture before leaving in 2017 as location managing director for metropolitan Washington, D.C., and forming Connected DMV two years later. The public-private nonprofit regional economic development organization promotes collaboration between Washington, D.C., Maryland and Virginia. In June, Connected DMV released its DMV Hydrogen Greenprint, a plan to grow the region[...]

Stephens_Brian-MarkRhodesPhotography
Virginia 500 August 29, 2022

Economic Development: BRYAN K. STEPHENS

Since joining the Hampton Roads Chamber in 2013, Stephens has helped the organization receive the U.S. Chamber of Commerce’s five-star accreditation in both 2016 and 2021, an honor that places it in the top 1% of all U.S. chambers. Hampton Roads has a lot of projects going on and about to start, including the redevelopment […]

KarlMcDonnell_500Web
Virginia 500 August 29, 2022

Education: KARL McDONNELL

CEO of Strategic Education Inc., an education services holding company that owns for-profit Strayer and Capella universities, McDonnell was previously SEI’s chief operating officer and serves on its board of directors. He’s also served as president and CEO of Strayer University, which has an enrollment of more than 50,000 students and 64 campuses in 15 […]

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Top Stories

Depositphotos_888565840_XL

Virginia joins 12 states alleging Nexstar, Tegna violating hold separate order

Virginia Attorney General Jay Jones alleges Nexstar and Tegna violate a court order halting their me[...]

Depositphotos_323174070_S

Chesapeake approves 8-month pause on data center applications

Chesapeake City Council voted to pause consideration of data center applications for up to eight mon[...]

Dominion Energy's headquarters at 600 E. Canal St. in Richmond. Photo by Kira Jenkins/Virginia Business

GOP legislators call for extension of SCC’s review time of Dominion merger

Two legislators have requested that Gov. Abigail Spanberger call a special legislative session to ex[...]

ASRC Federal President and CEO Mike Manzo. Photo courtesy ASRC Federal

ASRC Federal names new CEO, as Felix steps down

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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

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People

Hernandez-Brown-header

Guidehouse appoints new CFO and chief transformation officer

24/7/2026

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

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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