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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

2022 Virginia 500: Federal Contractors | Technology
News August 29, 2022

Federal Contractors/Technology: MIKE SALVINO

In July, Salvino added chairman to his title, following the retirement of former Pfizer Inc. Chairman and CEO Ian C. Read from the DXC board. The Fortune 500 IT services company made another move, downsizing its headquarters and moving from Tysons to Ashburn in 2021 as it sought a hybrid-friendly workplace. Salvino joined DXC in […]

Health Care: ANTHONY ‘TONY’ BAKER
Virginia 500 August 29, 2022

Health Care: ANTHONY ‘TONY’ BAKER

The leading Virginia executive of Fortune 500 pharma manufacturer Merck & Co., Baker has been with the business for 14 years. Merck develops medicines to treat diseases such as cancer and diabetes, and vaccines to protect people from human papillomavirus and chickenpox. The company brought in $48.7 billion in sales last year and developed an […]

Health Care: DR. SANDY L. CHUNG
News August 29, 2022

Health Care: DR. ARTHUR L. KELLERMANN

Over the past year, Kellermann has overseen the establishment of several new VCU Health System assets, including a $384 million outpatient center in downtown Richmond and an ambulatory surgery center in Short Pump. The health system also is on track to open the 16-story, $400 million “Wonder Tower” for The Children’s Hospital of Richmond at […]

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: ARTHUR ‘BO’ FISHER III

Fisher juggles several job titles. For nearly two decades, he’s served as CEO and chairman of the board for Fisher Auto Parts, one of the largest auto parts retailers in the country. Additionally, Fisher is chairman of Federated Auto Parts, an auto parts distribution and marketing organization, and co-chairman of the Automotive Parts Services Group […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: MARK HOURIGAN

Construction and development firm Hourigan Group changes skylines across Virginia — from a new Hyatt Place on the Virginia Beach oceanfront opened this summer to a 20-story downtown Richmond headquarters completed for Dominion Energy Inc. in 2019. Hourigan Group also is behind Virginia’s tallest timber building, a Charlottesville office space anchored by Apex Clean Energy, which […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: JOHN M. STEITZ

After John D. Gottwald retired in 2019, Steitz became president and CEO of the plastic films and aluminum extrusions manufacturing company. Steitz had previously served as CEO of Addivant Corp., a global supplier of polymer additives, following tenures as president and chief operating officer of PQ Corp. and as COO of Albemarle Corp., an Ethyl […]

Federal Contractors | Technology
Virginia 500 August 29, 2022

Federal Contractors/Technology: PAUL A. DILLAHAY

In June, the company formerly known as NCI Information Systems Inc. rebranded as Empower AI, taking the name of the artificial intelligence platform it launched in 2020. More than 75% of the company’s clients have adopted the platform, which it says has accounted for more than $1.5 billion worth of work. Empower AI reported more […]

Kastner
News August 29, 2022

Federal Contractors/Technology: CHRISTOPHER D. KASTNER

Kastner has led HII, the country’s biggest military shipbuilding company — and the state’s largest industrial employer — since March 1, after previously serving as chief operating officer as well as executive vice president and chief financial officer. He took over from Mike Petters, who retired after leading the company since 2011, when it spun […]

Krone
News August 29, 2022

Federal Contractors/Technology: ROGER A. KRONE

Leidos has performed strongly under Krone, who has led the Fortune 500 IT science and technology contractor since 2014. The company reported $13.7 billion in revenue in 2021 and employs more than 43,000 people globally. In February, the Defense Information Systems Agency awarded Leidos the largest contract in the company’s history: $11.5 billion to consolidate enterprise […]

Government | Politics
News August 29, 2022

Government/Politics: THOMAS K. ‘TOMMY’ NORMENT

A Republican mainstay, Norment has been in Virginia’s Senate since 1992 and is the current minority leader, a position that holds significant sway in the narrowly divided political body, where Democrats hold a one-vote majority. He serves on the Senate committees for finance and appropriations, and commerce and labor.  As the General Assembly moved toward […]

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Top Stories

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.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

President Donald Trump talks to workers as he tours U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson)

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s se[...]

Presenting the 2025 Virginia C-Suite Awards

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual For[...]

People

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

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

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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