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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Finance | Insurance
News August 29, 2022

Finance/Insurance: ROB FINNEGAN

In October 2021, Finnegan announced that West Creek Financial Inc., the fintech firm that partners with more than 15,000 stores and online businesses to offer point-of-sale financing for essential items ranging from furniture to mattresses to tires, had changed its name to Koalafi (pronounced “qualify”). To go along with a new name, Koalafi moved earlier […]

Law: VICTOR CARDWELL
News August 29, 2022

Law: FARHAD AGHDAMI

An expert in tax and corporate law, Aghdami works with high net-worth individuals, middle-market business owners, institutional fiduciaries and charitable organizations on tax planning for wealth transfer, business succession, income tax planning and fiduciary litigation. A graduate of the University of Virginia and the Wake Forest University School of Law, Aghdami received his Master of […[...]

Virginia 500 August 29, 2022

Real Estate: PAUL C. SAVILLE

Saville joined Ryan Homes, now a subsidiary of NVR, in 1981. Rising through the ranks of the homebuilding business, Saville worked as its chief financial officer, treasurer and executive vice president before being named president and CEO in 2005. Earlier this year, Saville was named executive chairman of NVR’s board, and Eugene J. Bredow succeeded […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: M. SCOTT CULBRETH

Culbreth is a Virginia Tech graduate who has worked for American Woodmark since 2014, starting as its chief financial officer before being named president and CEO in 2020. The company, which sells cabinets under the brands American Woodmark, Shenandoah Cabinetry, Timberlake Cabinetry and Waypoint Living Spaces, grew its revenue 6% during the 2022 fiscal year […]

Virginia 500 August 29, 2022

2022 Virginia 500: Energy

EDWARD H. ‘ED’ BAINE PRESIDENT, DOMINION ENERGY VIRGINIA, RICHMOND     ROBERT ‘BOB’ BLUE CHAIRMAN, PRESIDENT AND CEO, DOMINION ENERGY INC., RICHMOND     ROBERT DUVALL PRESIDENT, VIRGINIA NATURAL GAS INC., VIRGINIA BEACH     ANDRÉS GLUSKI PRESIDENT AND CEO, AES CORP., ARLINGTON COUNTY     JOHN HEWA PRESIDENT AND CEO, RAPPAHANNOCK ELECTRIC COOPERAT[...]

Arts/Entertainment/Sports: ALEX NYERGES
News August 29, 2022

Arts/Entertainment/Sports: ALEX NYERGES

Last year, the Virginia Museum of Fine Arts embarked on a $190 million expansion and renovation plan that will add a 170,000-square-foot wing. Earlier this year, Nyerges said that wing would be named for philanthropists James W. and Frances Gibson McGlothlin, who made a $60 million gift toward the expansion campaign. A project of such […]

Federal Contractors | Technology
News August 29, 2022

Federal Contractors/Technology: D. JAMES BIDZOS

Verisign reported $1.33 billion in 2021 revenue, a nearly 5% improvement over the previous year. Founded by Bidzos in 1995, the company is a domain name registry and internet infrastructure provider; it serves as the registry for all addresses that end in .com — more than 350 million domain names as of the first quarter […]

Finance | Insurance
News August 29, 2022

Finance/Insurance: CHRISTOPHER M. ‘CHRIS’ SHOCKLEY

Shockley launched his banking career working as a teller while still an economics student at Radford University. The Roanoke native ultimately spent 14 years in retail banking in Virginia and North Carolina before joining Virginia Credit Union in 2003 as senior vice president of member services. Receiving an MBA from Liberty University in 2012, Shockley […]

Hospitality/Tourism: NEIL AMIN
News August 29, 2022

Hospitality/Tourism: ERIC D. TERRY

The pandemic shuttered one out of five Virginia restaurants. Lingering labor, supply chain problems, inflation and high gas prices have continued to plague the hospitality industry, which had 88,000 vacant jobs statewide as of August. Terry advocates on behalf of the Virginia Restaurant, Lodging & Travel Association’s 1,500 members, calling attention to the ongoing impact […]

Nonprofits/Philanthropy: ANGELA F. WILLIAMS
News August 29, 2022

Nonprofits/Philanthropy: DEBORAH M. DiCROCE

DiCroce has led the Hampton Roads Community Foundation since 2012, but before that, she spent more than three decades in higher education. As president of Tidewater Community College for 14 years, she led a decade of expansion at TCC. She also served nine years as president of Piedmont Virginia Community College in Charlottesville and has […]

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Top Stories

Private schools’ graduation numbers remain stable

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Jerry “Trey” Falwell III is suing Liberty University for $1.75 million, alleging the school brea[...]

Patients’ favorites

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Marijuana plants are seen inside the Glass House Farms flowering greenhouse in Camarillo, California, on April 13, 2022. Photo by Reuters/Shannon Stapleton

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Brad Hall. Photo courtesy Virginia Chamber of Commerce

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Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

40 Virginia companies make 2026 Fortune 1000

In the 2026 Fortune 1000 list announced Wednesday, Virginia had 40 companies listed, including 24 on[...]

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People

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Hampden-Sydney College President Larry Stimpert. Photo courtesy Hampden-Sydney College

Hampden-Sydney president to retire next year

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Gary Daynes. Photo courtesy Mary Baldwin University

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Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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