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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Retail/Wholesale: POUL WEIHRAUCH
Virginia 500 August 29, 2022

Retail/Wholesale: LORI RAYA

Raya elected not to spend her first year as Kroger Co.’s mid-Atlantic division president tucked away in her office, hidden from the public eye. In May, she penned an editorial, published in newspapers around Virginia, advocating for the elimination of the state’s grocery tax, a pet initiative of Gov. Glenn Youngkin. “Even without inflation, it […]

Transportation: ED ALDRIDGE
Virginia 500 August 29, 2022

Transportation: ROBEY W. ‘ROB’ ESTES JR.

With more about $4 billion in revenue in 2021, Estes Express Lines ranks No. 125 on Forbes’ list of America’s largest private companies. Estes employs more than 20,000 people, though that number may be closer to 30,000 now. Webb Estes, a company vice president and son of CEO Rob Estes, told the Richmond Times-Dispatch in […]

Law: VICTOR CARDWELL
Virginia 500 August 29, 2022

Law: RANDALL S. PARKS

After nearly 35 years at Virginia’s second largest law firm, Parks was named chair of Richmond-based Hunton Andrews Kurth’s executive committee in April, succeeding George C. Howell III. A University of Virginia School of Law alumnus who also graduated from U.Va. with a bachelor’s degree in chemistry and English literature, Parks previously was co-head of […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: BRENDAN BECHTEL

Bechtel first started working at his family company during summer breaks in high school. After joining full-time, he took on responsibility in field construction, project management and executive leadership. He is the fifth generation of the Bechtels to lead the global engineering, construction and project management company. Bechtel Group’s portfolio includes massive infrastructure and industri[...]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: CHRISTOPHER MOLIVADAS

Molivadas oversees mid-Atlantic region properties for international commercial real estate company JLL. His decades of experience began in the late 1980s as a project manager, working for Sargis & Jones and Clark Construction. In 2000, he entered the brokerage world with Spaulding & Slye Colliers before the firm was acquired by JLL in 2005. He’s said that being […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: JOHN PARKINSON

Parkinson has been CEO at Drake Extrusion Inc. for over 20 years. He is an accounting and finance graduate of the U.K.’s Lancaster University. Drake Extrusion bills itself as North America’s leading producer of polypropylene-based colored filament yarn and staple fiber. Filament yarn is primarily used by customers in the business of producing fabrics for […]

Atlantic Diving Supply names new CEO, COO
Virginia 500 August 29, 2022

Federal Contractors/Technology: RYAN ANGOLD

As a Navy SEAL, Angold wore wetsuits supplied by the company he now runs. Angold served eight years as a naval special warfare officer after earning an engineering degree from the U.S. Naval Academy, but his military career was cut short by a spinal cord injury in 2004. After that, Angold entered the defense industry, […]

Federal Contractors/Technology: MIKE CORKERY
Virginia 500 August 29, 2022

Federal Contractors/Technology: MIKE CORKERY

Deltek has seen a 20% increase in its small business customers since 2020. The company, which has more than 30,000 customers worldwide, makes enterprise software for project-based businesses. In July, Deltek entered into an agreement to purchase Wisconsin-based quality management software company TIP Technologies Inc. for an undisclosed amount, an acquisition set to close in […]

Federal Contractors | Technology
Virginia 500 August 29, 2022

Federal Contractors/Technology: STEPHEN TRUNDLE

Named to Fortune magazine’s 2021 list of the top 100 Fastest Growing Companies for the second year, Alarm.com has grown from a company with a handful of employees in 2003 to having 700 Virginia-based employees and 8.4 million security service subscribers. In 2021 alone, the company brought on more than 350 new hires across all Alarm.com […]

Paul Manning
Virginia 500 August 29, 2022

Finance/Insurance: PAUL B. MANNING

Founded by Manning in 2010, PBM Capital is a health care-focused private equity firm that invests in companies in the pharmaceutical and life sciences industries. The firm’s investment portfolio includes numerous companies, including Xalud Therapeutics Inc., a clinical-stage biotechnology startup developing a nonviral gene therapy platform to treat pathologic inflammation; Acumen Pharmaceuticals[...]

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Top Stories

Construction workers, bottom right, atop the U.S. Treasury, watch as work continues on a largely demolished part of the East Wing of the White House on Oct. 23, 2025, before construction of a new ballroom. (AP Photo/Jacquelyn Martin)

Two Virginia companies donate to White House ballroom project

Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million Whi[...]

A bronze statute of Lady Justice holding scales

Virginia Supreme Court hears $2B trade secrets case

McLean-based software company Appian argued it should receive the record-breaking $2.04 billion jury[...]

Amazon to pay $2.5B in FTC Prime membership settlement

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artif[...]

Disney to build its 7th theme park, this one in the United Arab Emirates

Booz Allen Hamilton announces new round of layoffs

Booz Allen Hamilton is initiating another round of layoffs amid declining revenues in its most recen[...]

The 2025 Virginia Black Business Leaders Awards: The Achievers

Townes-Whitley out as SAIC’s CEO after two years

Toni Townes-Whitley is out as CEO of Fortune 500 government contractor Science Applications Internat[...]

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Virginia garden center lays off 97 after $160M sale to data center developer

Merrifield Garden Center will close its Gainesville facility this December, laying off 97 employees,[...]

People

Paul Phillips will retire from Freedom First at the end of 2026. Photo courtesy Freedom First Credit Union

Freedom First credit union CEO to retire in 2026

29/10/2025

Former Western Virginia acting U.S. attorney resigns, enters private practice

Former Western Virginia acting U.S. attorney resigns, enters private practice

17/10/2025

NICOLE NEWSOME | Chief strategy and growth officer, Qantm Creative

Qantm Creative taps new CEO

14/10/2025

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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