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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Barkin
News August 29, 2022

Finance/Insurance: THOMAS I. BARKIN

As leader since 2018 of the Federal Reserve Bank of Richmond, one of 12 regional Fed banks, Barkin is responsible for bank supervision and the Federal Reserve’s technology organization. A native of Tampa, Florida, Barkin constantly travels throughout the Fifth District, which covers South Carolina, North Carolina, Virginia, Washington, D.C., West Virginia and Maryland.  In […]

Hospitality/Tourism: NEIL AMIN
News August 29, 2022

Hospitality/Tourism: JUSTIN G. KNIGHT

Knight has served as CEO of Apple Hospitality REIT, a publicly traded real estate investment trust, since 2014. Apple Hospitality was founded in 1999 by his father, Glade Knight, the REIT’s executive chairman.  Justin Knight, who joined the company in 2000, made $7.8 million in total compensation in 2021. The bulk of Apple Hospitality’s 219 […]

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

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Top Stories

Gov. Abigail Spanberger signs a bill increasing Virginia's minimum wage to $15 per hour by 2028.

Virginia budget with data center tax moves to Spanberger’s desk

Virginia legislators passed a compromise biennial budget Monday that includes an electricity consump[...]

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

John G. Rocovich Jr. talks with cadets during the Distinguished Alumni of the Corps award ceremony in 2025. Photo courtesy Virginia Tech

Rocovich sues Spanberger, seeks reinstatement on Virginia Tech board

Less than two weeks after being removed from the Virginia Tech's Board of Visitors, John Rocovich su[...]

People

CACI International announced that David Young has joined the company as executive vice president and chief operating officer. Photo courtesy CACI

CACI appoints new COO

22/6/2026

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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