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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Arts/Entertainment/Sports: CORAN CAPSHAW
News August 29, 2022

Arts/Entertainment/Sports: CORAN CAPSHAW

One of Billboard magazine’s Power 100, Capshaw founded Red Light Management in 1991 in Charlottesville, while helping Dave Matthews Band grow organically from a local favorite to a powerhouse touring group. The largest independent music management company in the world, Red Light has reaped a reported $500 million in touring gross income. Its managers represent almost 400 artists, including[...]

Arts/Entertainment/Sports: TODD ‘PARNEY’ PARNELL
News August 29, 2022

Arts/Entertainment/Sports: TODD ‘PARNEY’ PARNELL

Parnell has been strategizing a financial comeback for the Flying Squirrels — the Double-A affiliate of the San Francisco Giants. Revenues were down more than 95% in 2020, when the season was canceled due to the pandemic. Parnell, who came to Richmond with the team in 2010,  makes more than 100 appearances a year for […]

On the move
News August 29, 2022

Education: LANCE R. COLLINS

As vice president and director of Virginia Tech’s $1 billion Innovation Campus, which is under development in Alexandria, Collins has helped forge a series of major partnerships in Northern Virginia. In May 2021, The Boeing Co. committed $50 million to become the first foundational partner to the campus, which is part of a state initiative […]

Jerry Prevo
News August 29, 2022

Education: JERRY PREVO

After nearly 50 years as pastor of Alaska’s prominent Anchorage Baptist Temple, Prevo became Liberty University’s interim president in summer 2020 after Jerry Falwell Jr. resigned amid scandal. In addition to inheriting the state’s largest college by enrollment (Liberty reported 2021 enrollment of 95,148 students, most of whom are remote-learning students), Prevo also inherited a […]

Energy
News August 29, 2022

Energy: ANDRÉS GLUSKI

For the last decade, Gluski has championed renewable energy production and carbon emission reduction as the head of AES, a Fortune 500 electric utility that generates and distributes power to 14 countries. AES has used renewable power generation for years. In 2021, Gluski announced a plan to reach net-zero carbon emissions from electricity sales by […]

Federal Contractors | Technology
News August 29, 2022

Federal Contractors/Technology: CRAIG P. ABOD

With more than 2,200 employees around the globe — including more than 1,300 in Virginia — Carahsoft ranked No. 44 on Forbes’ list of the nation’s largest private companies in 2021. The company reported more than $10 billion in revenue last year. Abod founded Carahsoft in 2004. He is an eight-time Wash100 recipient, including an […]

Cvent goes public again
News August 29, 2022

Federal Contractors/Technology: REGGIE AGGARWAL

Aggarwal’s passion for his work comes from watching people grow. In the 23 years since he founded Cvent, a meetings and events technology provider, it has grown to include about 4,600 employees worldwide, including about 800 in Virginia. It took in $518.8 million in revenue in fiscal 2021. After revamping itself for the virtual and […]

Mehul Sanghani, CEO of Reston-based Octo Consulting Group, and his wife, Hema, donated $10 million to Virginia Tech in January 2021. Part of the gift will support Tech's Center for Artificial Intelligence and Data Analytics. Photo courtesy Ethan Meurlin
News August 29, 2022

Federal Contractors/Technology: MEHUL P. SANGHANI

Sanghani described a college career filled more with hijinks than academics when he delivered the commencement speech to Virginia Tech’s College of Engineering in May. A 1998 VT graduate with bachelor’s degrees in systems engineering, finance and psychology, he moved with his family from India to Blacksburg, where they operated a small motel, in 1979. […]

Gilbert
News August 29, 2022

Government/Politics: C. TODD GILBERT

A member of Virginia’s House of Delegates since 2006, Gilbert served as House majority leader before the chamber flipped to Democratic control in 2020. Now that it has flipped back to Republicans, he has been elected speaker. A staunch conservative, Gilbert has received ‘A’ grades on the Virginia Chamber of Commerce’s annual report card since […]

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

Nonprofits/Philanthropy: LAWRENCE A. ‘LARRY’ SELZER

Since 1985, The Conservation Fund has aimed to protect historically significant lands and ensure healthy outdoor spaces in underserved communities. That includes facilitating the return of tribal lands to Indigenous communities, which the fund’s longtime president and CEO says is in keeping with the nonprofit’s mission to ensure America’s environmental health and economic vitality. “We [&h[...]

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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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