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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

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 […]

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Top Stories

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Amazon buys 189 acres in Prince William tech park for $700M

Amazon Data Services has bought approximately 188.5 acres in Prince William County for a whopping $7[...]

Stephen Edwards tapped for national port association board

Edwards to step down as Port of Virginia CEO

Stephen A. Edwards is stepping down at the end of the year as the Virginia Port Authority's CEO and [...]

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Ex-U.Va. president alleges board members ‘complicit’ in exit

Former University of Virginia president Jim Ryan on Friday sent a 12-page letter to the university's[...]

Gov. Glenn Youngkin, Lego Vice President Cindy Sikora and others ceremonially broke ground on Lego's regional distribution center in Prince George County on Nov. 13, 2025. Photo by Katherine Schulte/Virginia Business

Lego holds groundbreaking for $366M Prince George distribution center

The Lego Group held a ceremonial groundbreaking Thursday for its $366 million warehouse and distribu[...]

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Shenandoah Valley medical marijuana permit likely stalled

Debt-laden AYR Wellness’ foreclosure sale could delay medical marijuana operations in Virginia’s[...]

President Trump signs government funding bill, ending shutdown after a record 43-day disruption

President Trump signs government funding bill, ending shutdown after a record 43-day disruption

President Trump signs bill to end the 43-day government shutdown after Congress passes funding measu[...]

People

Regent University names law school dean

Regent University names law school dean

13/11/2025

Northrop Grumman taps new CFO

Northrop Grumman taps new CFO

7/11/2025

Spanberger names transition team leaders

Spanberger names transition team leaders

5/11/2025

Regions

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]

Roanoke remembers Hurricane Juan’s 1985 toll

Roanoke remembers Hurricane Juan’s 1985 toll

Forty years ago, remnants of Hurricane Juan dumped buckets of rain on the Roanoke Valley for days. T[...]

Newport News airport shifting beyond commercial flights

Newport News airport shifting beyond commercial flights

Following years of declining commercial air travel, the Newport News-Williamsburg Airport is expandi[...]


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