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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Virginia 500 August 29, 2022

2022 Virginia 500: Professional Services

JEREMY BLANK GREATER WASHINGTON MANAGING PARTNER, DELOITTE LLP, McLEAN     JACOB BLONDIN PRESIDENT AND CEO, RD HOLDINGS LLC, RETAILDATA LLC, INTRICS, GLEN ALLEN     GLORIA BOHAN FOUNDER, PRESIDENT AND CEO, OMEGA WORLD TRAVEL, McLEAN     KRISTEN CAVALLO CEO, THE MARTIN AGENCY, RICHMOND     PAIGE CLAY SENIOR PARTNER, MID-SOUTH MARKET, MERCER LLC, […]

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 […]

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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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