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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Hospitality/Tourism: NEIL AMIN
News August 29, 2022

Hospitality/Tourism: JUSTIN G. KNIGHT

Knight has served as CEO of Apple Hospitality REIT, a publicly traded real estate investment trust, since 2014. Apple Hospitality was founded in 1999 by his father, Glade Knight, the REIT’s executive chairman.  Justin Knight, who joined the company in 2000, made $7.8 million in total compensation in 2021. The bulk of Apple Hospitality’s 219 […]

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

Nonprofits/Philanthropy: JACK DYER ‘J.D.’ CROUCH II

Before becoming the USO’s 23rd president and CEO, Crouch worked at the Pentagon, advised a president, served as U.S. ambassador to Romania, and taught defense and strategic studies. He even co-founded federal contractor QinetiQ North America Inc., before landing at the USO in 2014, and he serves as a senior adviser for Washington, D.C.-based nonpartisan […]

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: GEOFFREY POHANKA

Pohanka is a third-generation auto dealer and head of Pohanka Automotive Group, which has 18 locations in Virginia, Maryland and Texas. The second largest Virginia-based auto dealership, it ranked 34th in Automotive News’ 2021 list of the nation’s top 150 dealership groups, with 24,142 new vehicles sold and $1.64 billion in revenue last year. Pohanka’s […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: GEORGE B. CLARKE IV

Clarke founded MEB in 1982, the same year he graduated from Virginia Tech with a bachelor’s degree in civil engineering. MEB started as a small federal government contractor with a handful of employees, serving military installations across the Hampton Roads area. It now has about 250 employees and posted revenue of $179 million for fiscal […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: BENJAMIN W. SCHALL

With 3,000 employees, 600 of them in Virginia, AvalonBay Communities, a publicly traded real estate investment trust, recorded $2.3 billion in revenue for fiscal year 2021. Prior to becoming AvalonBay’s president in January 2021 and CEO this year, Schall served as CEO of Seritage Growth Properties and as chief operating officer of Rouse Properties Inc. At Rouse, he […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: LEE WARFIELD

Warfield, Thalhimer’s fourth CEO since the firm’s founding in 1913, has come a long way from his first job as a property manager. He joined the commercial real estate firm as an associate broker in 1995, representing national retailers such as Regal Entertainment, Walmart and Kroger before being promoted to president in 2011. He was appointed […]

Bank of America names new Hampton Roads president
Virginia 500 August 29, 2022

Finance/Insurance: FRANCISCO ‘FRANK’ CASTELLANOS

In September 2021, Castellanos became president of Bank of America Hampton Roads following the retirement of Charlie Henderson, who filled that position for 15 years. A native of Cuba, Castellanos is also Merrill Lynch Wealth Management’s top Virginia executive, and he previously worked in Bank of America’s policy office, where he focused on cyber and […]

Virginia 500 August 29, 2022

2022 Virginia 500: Telecommunications

VINCE APRUZZESE JR. PRESIDENT, AT&T VIRGINIA, RICHMOND     MATTHEW J. DESCH CEO, IRIDIUM COMMUNICATIONS INC., McLEAN     CHRISTOPHER FRENCH PRESIDENT AND CEO, SHENANDOAH TELECOMMUNICATIONS CO. (SHENTEL), EDINBURG     MAGGIE HALLBACH SENIOR VICE PRESIDENT, VERIZON PUBLIC SECTOR, ASHBURN     J.D. MYERS II SENIOR VICE PRESIDENT/REGION MANAGER OF VIRGINIA OP[...]

News August 29, 2022

Living Legends Past Honorees

Finance | Insurance
News August 29, 2022

Finance/Insurance: MICHAEL DeVITO

DeVito came aboard as head of Freddie Mac, the Federal Home Loan Mortgage Corp., a year ago, replacing CEO David Brickman, who left to run a newly formed commercial agency lending platform. A government-sponsored enterprise, Freddie Mac buys bundles of mortgages from banks and other lenders, freeing up cash so that those lenders can make […]

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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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