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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Finance | Insurance 2023: JOHN C. STANCHINA
Virginia 500 August 29, 2024

Insurance 2024: JOHN C. STANCHINA

Since 2011, Stanchina has led the mid-Atlantic region for Marsh McLennan Agency, which provides business insurance, employee health and benefits, retirement and private client insurance solutions.   The region includes offices in Alabama, Georgia, Maryland, North Carolina, South Carolina, Tennessee and Virginia. Stanchina oversees more than 1,100 colleagues.  Stanchina went to work at Rutherfoor[...]

Virginia 500 August 29, 2024

Law 2024: JASON R. DAVIS

Davis became president and CEO of Hampton Roads-based Kaufman & Canoles in April, succeeding William R. Van Buren III, who led the firm for 16 years and is now chairman. The transition took place after an 18-month strategic planning process at Kaufman & Canoles, which has roots dating back to 1919. Davis, who joined Kaufman […]

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Virginia 500 August 29, 2024

Agriculture 2024: CORWIN HEATWOLE

Sixth-generation chicken farmer Heatwole started his 100% organic and humane-certified chicken company in 2014. Originally named Shenandoah Valley Organic but rebranded as Farmer Focus in 2020, the company lets farmers own their flocks, receive fair compensation and make key decisions. In August 2023, Farmer Focus announced that Stephen J. Shepard, the company’s president and chief […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: JOHN C. ASBURY

In April, Atlantic Union Bankshares, the holding company for Atlantic Union Bank, completed its acquisition of Danville-based American National Bankshares, parent company of American National Bank and Trust — a transaction valued at about $507 million. The combined bank has $24.3 billion in total assets, $19.4 billion in deposits and $17.9 billion in total loans, […]

Leadership: The Virginia Power 50 List
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: DAVID LEVY

In October 2023, Levy was tapped to lead Amazon Web Service’s worldwide public sector business, overseeing government contracting activities for Amazon.com’s cloud computing subsidiary, as well as business for educational, nonprofit and health care organizations. In 2023, AWS recorded $90 billion in net sales, up from $80 billion in 2022. Last year, AWS announced it […]

The Power 50
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: PHEBE N. NOVAKOVIC

Novakovic has led General Dynamics, the world’s sixth largest aerospace and defense company, since 2013. During her tenure as CEO, General Dynamics won the Navy’s largest-ever contract, up to $24.2 billion, to build nuclear submarines. The Fortune Global 500 company employs more than 100,000 people and recorded $42.3 billion in revenue for fiscal 2023, a […]

Health Care 2023: ANTHONY ‘TONY’ BAKER
Virginia 500 August 29, 2024

Health Care 2024: ANTHONY ‘TONY’ BAKER

Baker leads Fortune 500 pharma manufacturer Merck’s vaccine operations in Elkton. The company founded a plant in the Rockingham County town in 1941. Early in his career, Baker spent seven years at Pennsylvania-based Biopharm Project Solutions as a senior process specialist. He joined Merck in 2008 as a process engineer and went on to engineering […]

Real Estate 2023: LAURA D. LAFAYETTE
Virginia 500 August 29, 2024

Real Estate 2024: LAURA D. LAFAYETTE

Between her leadership positions with the Richmond Association of Realtors and the Central Virginia Regional Multiple Listing Service, Lafayette serves more than 6,800 Realtors in Central Virginia. This year, she’s become an even more powerful voice in the Richmond real estate community in the wake of a landmark court settlement that’s changing how homeowners buy […]

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Virginia 500 August 29, 2024

Real Estate 2024: JON M. PETERSON

Founded in 1965 by Peterson’s late father, Milt, Peterson Cos. is responsible for some of the most prominent and successful mixed-use retail, residential and office developments in Northern Virginia and Maryland, including Fairfax Corner, Fair Lakes, National Harbor, Burke Centre and Tysons McLean Office Park. Peterson, who became executive committee chairman in 2016 and CEO […]

Retail | Wholesale | Food | Beverage 2023: DREW PARKER
Virginia 500 August 29, 2024

Retail 2024: DREW PARKER

Carter Machinery has deep roots in Virginia, tracing back to 1928, when Robert Hill Carter founded Virginia Tractor in Richmond. The company was the state’s first Caterpillar dealership, and it is still going today as an independent dealer with more than 30 locations. It has more than 2,300 employees in Virginia, West Virginia, Maryland, Delaware […]

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Top Stories

A rendering of Commonwealth Fusion Systems' planned facility in Chesterfield County. Image courtesy CFS.

Chesterfield planners approve $2.5B+ nuclear fusion plant

The Chesterfield County Planning Commission unanimously recommended approving a permit Commonwealth [...]

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U.S. Department of Education finds GMU violated civil rights law

George Mason University has been found in violation of civil rights law, the U.S. Department of Educ[...]

Jefferson Lab seeks voluntary 7% workforce reduction

Jefferson Lab seeks voluntary 7% workforce reduction

Jefferson Lab Director Jens Dilling confirmed Thursday that the lab wants 7% of its workforce to agr[...]

Ex-Virginia House Speaker Gilbert resigns as U.S. attorney after 1 month

Ex-Virginia House Speaker Gilbert resigns as U.S. attorney after 1 month

Former speaker of the House of Delegates resigned after a little more than a month as U.S. attorney [...]

Aaron Noble, Virginia Tech professor and department head, (left) and Francisco Haussmann, project superintendent for Aclara Resources, in the Virginia Tech lab Aug. 14, 2025. Photo by Natalee Waters

Mining company partners with Virginia Tech on rare earths plant

Aclara plans to invest $10 million on rare earths separation pilot plant at Virginia Tech to boost U[...]

Mary Washington Healthcare, UMW plan to launch medical school

Mary Washington Healthcare, UMW plan to launch medical school

Mary Washington Healthcare is planning to partner with the University of Mary Washington to launch a[...]

People

Peraton taps new chief growth officer

Peraton taps new chief growth officer

11/8/2025

Thalhimer taps new commercial property services leader

Thalhimer taps new commercial property services leader

5/8/2025

Dollar Tree promotes new chief legal officer

Dollar Tree promotes new chief legal officer

31/7/2025

Regions

Salem manufacturers plan expansions

Salem manufacturers plan expansions

Three advanced manufacturing operations with roots in Salem recently revealed plans to expand facili[...]

Port of Virginia nears finish of $450M dredging project

Port of Virginia nears finish of $450M dredging project

Seven years after the Port of Virginia launched a $450 million dredging project to become the deepes[...]

Trump coal policy changes could boost Southwest Virginia

Trump coal policy changes could boost Southwest Virginia

Southwest Virginia officials say President Donald Trump’s executive orders aimed at revitalizing t[...]

Transco pipeline to expand for Virginia power demand

Transco pipeline to expand for Virginia power demand

In May, Tulsa, Oklahoma-based energy company Williams announced an expansion of its Transcontinental[...]


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