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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Finance | Insurance
News August 29, 2022

Finance/Insurance: PETE SNYDER

Snyder lost his bid to be the Republican candidate for governor in 2021, but it didn’t sour him on state politics. Snyder campaigned for Glenn Youngkin last year (he won) and in March, he endorsed state Sen. Bryce Reeves for the Republican primary for Virginia’s 7th Congressional District seat (he lost). While running for office, […]

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Top Stories

United States Federal Communications Commission logo and U.S. flag are seen in this illustration taken April 23, 2025. REUTERS/Dado Ruvic/Illustration

FCC approves $3.5B sale of Tegna to Nexstar despite state objections

The FCC approved Nexstar's $3.54 billion acquisition of Tegna, expanding its reach to 80% of U.S. TV[...]

The Lego Group has already hired more than 500 workers in the Richmond region as it builds its $1 billion Chesterfield County factory. Photo courtesy The Lego Group

Lego to double Chesterfield workforce to 900 by end of year

The Lego Group expects its workforce at the $1 billion Chesterfield facility under construction to g[...]

Bon Secours St. Francis Medical Center. Photo by Virginia Business/Kira Jenkins.

State approves three Chesterfield hospital projects, totaling $672M

Virginia State Health Commissioner Cameron Webb last week signed off on three Chesterfield County ho[...]

A slot machine

Tysons casino bill clears General Assembly

Virginia lawmakers approved a bill allowing a Fairfax County referendum on a Tysons casino. The meas[...]

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With Assembly passage, Virginia inches closer to cannabis retail sales

Virginia lawmakers approved a bill to regulate adult-use cannabis retail sales, establishing taxes a[...]

Depositphotos

Virginia House and Senate clash over data center tax breaks

A fight between the Virginia House and Senate over a tax break for data centers has brought budget n[...]

People

Rooksby.   Photo courtesy of the University of Richmond

Gonzaga dean to head up University of Richmond School of Law 

20/3/2026

New president of Massimo Zanetti Beverage USA

Portsmouth coffee manufacturer announces new president

19/3/2026

L to R: Harry Golliday and William "Billy" Beale. Photo courtesy Blue Ridge Bankshares

Blue Ridge Bankshares CEO retires after turnaround

16/3/2026

Regions

Three data center projects totaling 7 million-plus square feet are under construction now in Stafford County. Photo by HAIYAN/Adobe Stock

NoVa data center development moves down I-95

Stafford County is experiencing rapid data center growth with three major projects underway and 18 i[...]

VFP’s Scott Jones says the company will have six buildings on its Duffield campus after its latest expansion. Photo by Earl Neikirk

VFP moves forward on $30M expansion in Scott County

VFP is investing $35 million to expand its Scott County facility, adding new buildings and jobs to s[...]

Arlington County reported investment in about 268,000 square feet of office space in 2025. Photo courtesy Adobe Stock

Northern Virginia focuses on strengths amid federal cuts

Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace,[...]

Wrap Technologies held a ribbon cutting in September 2025 for its $4 million manufacturing headquarters in Norton. Official photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Manufacturing-heavy Southwest Virginia captures new industries 

Southwest Virginia sees major investments in manufacturing, indoor agriculture, and energy projects,[...]


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