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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

WAKEFIELD
Virginia 500 August 29, 2022

Economic Development: JENNIFER WAKEFIELD

The Lego Group’s June announcement that it will build a $1 billion toy factory in Chesterfield County is the largest deal so far that Wakefield has played a part in landing. Wakefield joined the nonprofit regional economic development organization as its senior vice president of marketing in 2017 after spending 11 years in marketing, communications […]

Federal Contractors/Technology: LAURA K. IPSEN
News August 29, 2022

Federal Contractors/Technology: LAURA K. IPSEN

After being acquired by Blackstone and Vista Equity Partners last year, Ellucian Inc., a higher education technology provider, acquired CampusLogic, which helps streamline financial aid for students. The company employs more than 3,200 people worldwide, about 250 of whom are in Virginia. Ipsen started her job with Ellucian in 2017, leaving Silicon Valley after 25 […]

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 […]

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Top Stories

Trump administration threatens no back pay for federal workers in shutdown

Trump administration threatens no back pay for federal workers in shutdown

The Trump administration says furloughed workers aren’t guaranteed back pay during the shutdown, r[...]

A rendering of Colonna’s Shipyard’s latest investment, a new $70 million drydock currently under construction. Image courtesy Colonna's Shipyard

Colonna’s Shipyard invests $79M to build 4th drydock

Norfolk-based Colonna’s Shipyard announced Friday that it has invested $70 million to acquire its [...]

Health systems forecast pain from Medicaid cuts

Health systems forecast pain from Medicaid cuts

Virginia hospitals face closures as Medicaid cuts hit budgets; Augusta Health closes clinics, warns [...]

Brian Warpup inspects one of his soybean fields in Warren, Ind., Thursday, Sept. 11, 2025. (AP Photo/Michael Conroy)

Trump’s trade battle with China puts soybean farmers in peril

China stops buying U.S. soybeans, leaving Virginia farmers with fewer export markets. Simultaneously[...]

Trump slaps tariffs on drugs, furniture, trucks

Trump slaps tariffs on drugs, furniture, trucks

Starting Oct. 1, Trump will impose tariffs of up to 100% on drugs, cabinets, furniture and heavy tru[...]

White House budget office tells agencies to draft mass firing plans ahead of potential shutdown

White House budget office tells agencies to draft mass firing plans ahead of potential shutdown

OMB told agencies to prepare mass layoffs if the government shuts down next week, escalating pressur[...]

People

Dale Wagoner plans to retire as CEO at the end of the year. Photo courtesy LMI

LMI CEO transitions to chairman

6/10/2025

Antonio Perez Jr. has been named General Manager of Rivers Casino Portsmouth. Photo courtesy RIvers Casino Portsmouth

Rivers Casino Portsmouth hires new general manager

2/10/2025

The Flagstop Car Wash location at 11031 Iron Bridge Road in Chester. Photo courtesy Flagstop.

Richmond-area car wash chain promotes CEO, other execs

30/9/2025

Regions

Digital Gateway opponents score legal win

Digital Gateway opponents score legal win

A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding wi[...]

Federal funding repeals could halt rural broadband expansion

Federal funding repeals could halt rural broadband expansion

The much-heralded broadband expansion efforts in Southwest Virginia may not come to fruition after a[...]

Danville invests $3 million to prep Coleman site

Danville invests $3 million to prep Coleman site

In July, Danville City Council members OK’d an infusion of funding for 158 acres on Gypsum Road kn[...]

Data centers stir debate in Frederick

Data centers stir debate in Frederick

After rejecting two major data centers, Frederick County supervisors back a fact sheet to study impa[...]


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