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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: GARY BOWMAN

Bowman, whose first job was as a carpenter’s helper working for his father, earned his bachelor’s degree in civil engineering from Virginia Tech. He was a principal for 15 years at Urban Engineering before founding Bowman Consulting Group, which was a five-person company at its inception in 1995. It now has 1,400 employees in more […]

Living Legends: JANE NEAL PARKE BATTEN
Virginia 500 August 29, 2022

Living Legends: JANE NEAL PARKE BATTEN

Batten was 19 when she married Frank Batten, who would go on to become chairman and CEO of Landmark Communications Inc. and co-founder of The Weather Channel. Together, they agreed that he would focus on business, and she would focus on civic giving and volunteerism. “Frank’s philanthropic focus was fairly narrow; mostly supporting education,” she […]

Finance/Insurance: JOHN C. ASBURY
Virginia 500 August 29, 2022

Finance/Insurance: JOHN C. ASBURY

A Radford native, Asbury became president of Atlantic Union Bankshares, the holding company for Atlantic Union Bank, in 2016. He was named CEO the following year, passing the presidency on to Maria Tedesco, who was named the bank’s chief operating officer in January, while continuing as president. Tedesco is now tasked with “oversight of the […]

Nonprofits/Philanthropy: ANGELA F. WILLIAMS
Virginia 500 August 29, 2022

Nonprofits/Philanthropy: TRAVIS STATON

Staton has spent the past decade of his 17 years as head of the United Way of Southwest Virginia shifting the organization toward a community impact model to improve the region’s health, education and financial stability. In late 2021, his United Way launched a $30 million initiative to build regional public-private partnerships to address child […]

Adviser snapshots
Virginia 500 August 29, 2022

Finance/Insurance: STEPHAN Q. CASSADAY

After working on Wall Street for 16 years, Cassaday founded Cassaday & Co. Inc., an independent wealth management firm, in 1993. Today, the company boasts 81 employees and manages $4.7 billion in assets. Cassaday is a member of Barron’s Hall of Fame for appearing in the annual Top 100 Advisor rankings for 10 years or […]

Living Legends: ANNA LOU and BOB SCHABERG
Virginia 500 August 29, 2022

Living Legends: ANNA LOU and BOB SCHABERG

It’s fitting that Anna Lou and Bob Schaberg met through a local civic group, the Richmond First Club. Their partnership nearly 40 years later continues to focus on community service. The founder of multifamily housing developer Amurcon Corp. of Virginia, Bob is a graduate of Michigan State University and earned his MBA from Wayne State […]

Arts/Entertainment/Sports: ANDY EDMUNDS
Virginia 500 August 29, 2022

Arts/Entertainment/Sports: ANDY EDMUNDS

Edmunds knows which parts of Virginia will shine as a 19th-century stand-in or that can double as a modern Washington, D.C., street. He’s served as director of the Virginia Film Office since 2011 and worked as its locations manager for more than 14 years prior. Virginia has hosted a plethora of film and TV projects […]

Fairbank
Virginia 500 August 29, 2022

Finance/Insurance: RICHARD FAIRBANK

Before he built a Fortune 500 bank holding company, Fairbank started a swimming school as an undergraduate student at Stanford University, where he later earned an MBA. Then he got his feet wet in finance, working as a banking consultant and landing at Virginia’s Signet Bank, where he co-created the spinoff business that became Capital […]

Media: DOUG DAVIS
Virginia 500 August 29, 2022

Media: PAULA KERGER

Kerger is the longest serving president and CEO in Public Broadcasting Service’s 50-year history, with 16 years on the job. PBS is a household name, delivering a huge variety of free programming, from “Masterpiece” to “Arthur.” Its shows are a hallmark of many childhoods. Eighty percent of households in the U.S. watch PBS every year. […]

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 […]

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Top Stories

ICE eyes massive Hanover warehouse for processing facility

ICE eyes massive Hanover warehouse for processing facility

ICE hopes to purchase a more than 552,000-square-foot warehouse in Hanover County and repurpose it i[...]

The logo and ticker for Capital One are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid

Capital One to acquire Brex for $5.15B

McLean-based banking giant Capital One Financial announced Thursday it has entered an agreement to a[...]

Photo: Depositphotos.com

Henrico-based ASGN to acquire Quinnox for $290M

ASGN announced this week that it will acquire Chicago-based digital services company Quinnox for $29[...]

FILE PHOTO: Frankie, the mascot for Nathan's Famous hot dogs, excites the audience at the official weigh-in ceremony, ahead of the Coney Island's 2025 Nathan's Famous Fourth of July International Hot Dog Eating Contest in New York City, U.S., July 3, 2025. REUTERS/Angelina Katsanis/File Photo

Smithfield Foods plans to buy Nathan’s Famous in $450M deal

Smithfield Foods announced Wednesday it has entered a deal to purchase Nathan's Famous, the hot dog [...]

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia'[...]

The University of Virginia Rotunda. Photo by Jay Paul

5 U.Va. board members resign at Spanberger’s request

The New York Times reported Friday evening that three University of Virginia board members have resi[...]

People

Christen Smith has been named chief revenue officer of LMI. Photo courtesy LMI

LMI names new leaders following CEO change

20/1/2026

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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