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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: TIM ROSE

Rose has led U.Va.’s foundation, which was originally created as the U.Va. Real Estate Foundation, for around three decades. With bachelor’s and master’s degrees from Miami University, Rose came to U.Va. for his doctorate and also served as an assistant vice president for administration. The foundation provides real estate and financial services to U.Va. and […]

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: MICHAEL AKROP

Leesa executives wooed Akrop to the American-made mattress company in 2018, seeking his 15-plus years of experience in building up e-commerce startups like Vroom, which matches sellers and buyers of cars online, and Zappos.com, an online shoe retailer. “They put me up at a hotel right on the Oceanfront at a beautiful time of year,” […]

Professional Services: DANNY ROBINSON
Virginia 500 August 29, 2022

Professional Services: KRISTEN CAVALLO

Formerly the ad agency’s senior vice president of planning and development, Cavallo returned to Martin in 2017 as its first female CEO, leading the agency to back-to-back wins as Adweek’s U.S. Agency of the Year in 2020 and 2021. Cavallo, who was previously president and chief strategy and growth officer of MullenLowe U.S., also has […]

Blue
News August 29, 2022

Energy: ROBERT ‘BOB’ BLUE

Blue took the helm of the Fortune 500 utility in October 2020, less than a year after the company announced a plan to achieve net-zero carbon and methane emissions from power generation and natural gas operations by 2050. A CEO who’s been known to kayak or canoe to work along the James River, he’s taken […]

COLBERT III
News August 29, 2022

Federal Contractors/Technology: THEODORE ‘TED’ COLBERT III

Colbert has led Boeing’s defense division since April, after taking over from Leanne Caret, who is retiring this year. He’s worn several hats since joining the world’s third largest defense contractor in 2009, most recently serving as president and CEO of its global services, leading aerospace services development and delivery for commercial, government and industry […]

Finance/Insurance: JEAN STACK
News August 29, 2022

Finance/Insurance: JEAN STACK

Four years have passed since Stack, John Song and Alex Sevilla left the government services sector at California-based investment bank Houlihan Lokey to lead government services investment banking for Wisconsin-based Baird Financial Group. At the time, Stack said that she chose to join her two decades of experience in investment banking with the employee-owned international […]

Retail/Wholesale: POUL WEIHRAUCH
Virginia 500 August 29, 2022

Retail/Wholesale: ROBERT ‘BOB’ ARCHER

Since 2001, Archer has served as chairman and CEO of Blue Ridge Beverage, a family- owned business that annually sells approximately 10 million cases of drinks, from beer to soda, in a 49-county area reaching across Central and Southwest Virginia. The company has more than 460 employees. Since James M. Archer Jr., Bob’s dad, purchased […]

Federal Contractors | Technology
News August 29, 2022

Federal Contractors/Technology: JENNIFER FELIX

The path to CEO was a little quicker than Felix expected, she said in an alumni profile by the University of Maryland’s Robert H. Smith School of Business. She was promoted to her current job in 2020, just six months after joining ASRC Federal, which has co-headquarters in Reston and Beltsville, Maryland. ASRC Federal employs […]

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: MARC KATZ

After fighting to stay in business amid the height of the pandemic, Custom Ink is growing again. In January, the Fairfax-based online custom apparel company acquired Printfection, a “swag management” platform that allows companies and organizations to easily create and manage custom promotional items like tote bags. The acquisition fits nicely with another company Custom […]

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: MICHAEL SEVER

Dennis Winnett, plant manager of Hershey’s Stuarts Draft manufacturing facility, retired late last year, not long after workers at the plant began efforts to form a union. Sever, who reports to the company’s vice president of North American manufacturing, filled the plant manager position in February, a few weeks before 79% of the plant’s workers […]

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Top Stories

A man wearing a navy blue blazer

New Virginia Beach economic development chief resigns suddenly

Virginia Beach’s new economic development director, Christian Green, resigned Wednesday after serv[...]

L to R: FBI director Kash Patel and U.S. Sen. Katie Britt, R-Ala, during an April tour of the FBI’s facilities in Huntsville. Photo courtesy U.S. Sen. Katie Britt's office.

Virginia leaders respond to reports of possible FBI academy move from Quantico

Virginia Democratic leaders oppose FBI's proposed plan to relocate its national training academy fro[...]

President Donald Trump speaks to reporters after arriving on Air Force One, Tuesday, June 10, 2025, at Joint Base Andrews, Md. (AP Photo/Alex Brandon)

Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55%

President Trump announces a new trade framework with China including 55% U.S. tariffs and rare earth[...]

Virginia Senate Dems refuse to confirm Cuccinelli, other Youngkin board nominees

Virginia Senate Dems refuse to confirm Cuccinelli, other Youngkin board nominees

In a Monday evening vote, Democrats on a Virginia State Senate committee declined to confirm eight o[...]

Molina Healthcare to close Henrico office, laying off 268 workers

Molina Healthcare to close Henrico office, laying off 268 workers

Molina Healthcare, a Fortune 500 company that manages health care services for Medicaid and Medicare[...]

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

People

Default Alt Text

Hubbard Peanut Co. names new CEO

10/6/2025

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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