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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Bobe_Corrie_VA500_2022
Virginia 500 August 29, 2022

Economic Development: CORRIE BOBE

Working in economic development has provided Bobe with the opportunity to be part of the significant transformation taking place in Southern Virginia. Promoted to director in 2020, she has helped the city of Danville land numerous investments, including a deal with Caesars Entertainment for a $650 million resort casino, as well as new manufacturing facilities […]

Luck_Charlie
Virginia 500 August 29, 2022

Manufacturing: CHARLIE LUCK IV

Like his father and grandfather, Luck has been with his family business for most of his life, including as a trainee while attending Virginia Military Institute. He spent four years as a NASCAR driver, competing in what is now the Xfinity Series, before returning to Luck Cos., going on to become president and CEO in […]

Payne_Will
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 […]

Guidera_AimeeRogstad-
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 […]

Roy_Azevedo_02282020_500Web
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 […]

LendUp Nigel Morris
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 […]

VanBuren_Bill
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 […]

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Top Stories

Newport News Shipbuilding marked its 140th anniversary this year. A division of Huntington Ingalls Industries, the shipyard is Virginia’s largest industrial employer. Photo courtesy Huntington Ingalls Industries

Milestones: Virginia companies going the distance

While the first few years in business are notoriously challenging for entrepreneurs, even milestones[...]

Rhyu. Photo courtesy Stride

CEO of ed tech provider Stride out after 5+ years

Stride CEO James Rhyu is out after more than five years leading the Reston-based education technolog[...]

McInerney_Tom-HighRes-1

Genworth CEO takes leave of absence

Genworth Financial President and CEO Thomas McInerney has taken a leave of absence; CFO Jerome Upton[...]

Server room interior in datacenter. Depositphotos

Loudoun supervisors mull data center moratorium

Loudoun County Board of Supervisors voted 6-1 to direct staff to prepare an item placing a moratoriu[...]

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[...]

People

Monica Baskin. Photo courtesy Virginia Commonwealth University

VCU names director for Massey Comprehensive Cancer Center

28/7/2026

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

Regions

Then-Gov. Glenn Youngkin joined Merck & Co. at the October 2025 groundbreaking for Merck’s $3 billion expansion in Elkton. Photo by Kaitlyn DeHardie, Office of Gov. Glenn Youngkin

Big deals: Pharma, manufacturing make splash in Virginia

Anticipated to create at least 100 jobs apiece, these economic development announcements were some o[...]

David Perry, executive director of the Blue Ridge Land Conservancy, stands in front of a section of Evans Spring. Photo by Natalee Waters

Roanoke’s largest undeveloped tract remains in limbo

The fate of Roanoke’s 150-acre Evans Spring site remains uncertain as city council allows conserva[...]

James Madison University President James C. Schmidt’s strategic plan for the university, the Madison Promise, aims to generate a $2 billion economic impact on the commonwealth during the next 14 years. Photo courtesy James Madison University

JMU eyes $2 billion economic impact by 2040

James Madison University plans to generate a $2 billion economic impact in Virginia by 2040 through [...]

AeroFarms opened its Ringgold facility in 2022. Photo by Hannah King

After near shutdown, AeroFarms has new owners

AeroFarms in Danville has new owners and a new CEO after nearly shutting down, signaling renewed hop[...]


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