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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

COLBERT III
News August 29, 2022

Federal Contractors/Technology: THEODORE ‘TED’ COLBERT III

Colbert has led Boeing’s defense division since April, after taking over from Leanne Caret, who is retiring this year. He’s worn several hats since joining the world’s third largest defense contractor in 2009, most recently serving as president and CEO of its global services, leading aerospace services development and delivery for commercial, government and industry […]

StackJean_fb300
News August 29, 2022

Finance/Insurance: JEAN STACK

Four years have passed since Stack, John Song and Alex Sevilla left the government services sector at California-based investment bank Houlihan Lokey to lead government services investment banking for Wisconsin-based Baird Financial Group. At the time, Stack said that she chose to join her two decades of experience in investment banking with the employee-owned international […]

Archer_Bob
Virginia 500 August 29, 2022

Retail/Wholesale: ROBERT ‘BOB’ ARCHER

Since 2001, Archer has served as chairman and CEO of Blue Ridge Beverage, a family- owned business that annually sells approximately 10 million cases of drinks, from beer to soda, in a 49-county area reaching across Central and Southwest Virginia. The company has more than 460 employees. Since James M. Archer Jr., Bob’s dad, purchased […]

Jennifer Felix
News August 29, 2022

Federal Contractors/Technology: JENNIFER FELIX

The path to CEO was a little quicker than Felix expected, she said in an alumni profile by the University of Maryland’s Robert H. Smith School of Business. She was promoted to her current job in 2020, just six months after joining ASRC Federal, which has co-headquarters in Reston and Beltsville, Maryland. ASRC Federal employs […]

Katz_Marc
News August 29, 2022

Retail/Wholesale: MARC KATZ

After fighting to stay in business amid the height of the pandemic, Custom Ink is growing again. In January, the Fairfax-based online custom apparel company acquired Printfection, a “swag management” platform that allows companies and organizations to easily create and manage custom promotional items like tote bags. The acquisition fits nicely with another company Custom […]

Sever_Michael_750x900
News August 29, 2022

Retail/Wholesale: MICHAEL SEVER

Dennis Winnett, plant manager of Hershey’s Stuarts Draft manufacturing facility, retired late last year, not long after workers at the plant began efforts to form a union. Sever, who reports to the company’s vice president of North American manufacturing, filled the plant manager position in February, a few weeks before 79% of the plant’s workers […]

Blank_Jeremy_500x500
Virginia 500 August 29, 2022

Professional Services: JEREMY BLANK

A former tax practice partner at Deloitte, Blank took over as Washington, D.C., market leader for the Big Four accounting firm in January, succeeding Tamika Tremaglio, who left to become executive director of the National Basketball Players Association. Blank has extensive experience in tax research and analysis, tax planning, mergers and acquisitions, tax technology and […]

Graul_Donald
Virginia 500 August 29, 2022

Real Estate: DONALD D. GRAUL

With more than 38 years of industry experience, Graul joined Branch in 2020 from Centreville-based Parsons Corp., where he was president of construction and a senior executive for alternative project delivery. He also worked previously for AECOM. Branch has 853 employees, all in Virginia, and reported $452 million in revenue for fiscal year 2021. The […]

Hitt_Brett
Virginia 500 August 29, 2022

Real Estate: BRETT HITT

Hitt leads one of Virginia’s biggest general contractors, a family business started by his grandparents in 1930. The company finished 1,400 projects in 2021, reporting $3.38 billion in revenue — a 34% growth rate. Hitt, who’s been with the company nearly 40 years, earned his bachelor’s degree in construction from Georgia Tech in 1984. While […]

Paulette_Bill
Virginia 500 August 29, 2022

Real Estate: WILLIAM ‘BILL’ PAULETTE

With $1,000 in seed money, Paulette founded KBS as a one-person construction company in 1975. Over four decades, it’s become one of the top-rated construction firms in the mid-Atlantic, delivering high-profile, multimillion-dollar projects such as remaking the old Putney Shoe Factory into the CarMax Midtown Innovation Center in Richmond, and The Current, a full-block, mixed-use […]

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Top Stories

Newport News Shipbuilding marked its 140th anniversary this year. A division of Huntington Ingalls Industries, the shipyard is Virginia’s largest industrial employer. Photo courtesy Huntington Ingalls Industries

Milestones: Virginia companies going the distance

While the first few years in business are notoriously challenging for entrepreneurs, even milestones[...]

Rhyu. Photo courtesy Stride

CEO of ed tech provider Stride out after 5+ years

Stride CEO James Rhyu is out after more than five years leading the Reston-based education technolog[...]

McInerney_Tom-HighRes-1

Genworth CEO takes leave of absence

Genworth Financial President and CEO Thomas McInerney has taken a leave of absence; CFO Jerome Upton[...]

Server room interior in datacenter. Depositphotos

Loudoun supervisors mull data center moratorium

Loudoun County Board of Supervisors voted 6-1 to direct staff to prepare an item placing a moratoriu[...]

Depositphotos_888565840_XL

Virginia joins 12 states alleging Nexstar, Tegna violating hold separate order

Virginia Attorney General Jay Jones alleges Nexstar and Tegna violate a court order halting their me[...]

Depositphotos_323174070_S

Chesapeake approves 8-month pause on data center applications

Chesapeake City Council voted to pause consideration of data center applications for up to eight mon[...]

People

Monica Baskin. Photo courtesy Virginia Commonwealth University

VCU names director for Massey Comprehensive Cancer Center

28/7/2026

Hernandez-Brown-header

Guidehouse appoints new CFO and chief transformation officer

24/7/2026

Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026

Regions

Then-Gov. Glenn Youngkin joined Merck & Co. at the October 2025 groundbreaking for Merck’s $3 billion expansion in Elkton. Photo by Kaitlyn DeHardie, Office of Gov. Glenn Youngkin

Big deals: Pharma, manufacturing make splash in Virginia

Anticipated to create at least 100 jobs apiece, these economic development announcements were some o[...]

David Perry, executive director of the Blue Ridge Land Conservancy, stands in front of a section of Evans Spring. Photo by Natalee Waters

Roanoke’s largest undeveloped tract remains in limbo

The fate of Roanoke’s 150-acre Evans Spring site remains uncertain as city council allows conserva[...]

James Madison University President James C. Schmidt’s strategic plan for the university, the Madison Promise, aims to generate a $2 billion economic impact on the commonwealth during the next 14 years. Photo courtesy James Madison University

JMU eyes $2 billion economic impact by 2040

James Madison University plans to generate a $2 billion economic impact in Virginia by 2040 through [...]

AeroFarms opened its Ringgold facility in 2022. Photo by Hannah King

After near shutdown, AeroFarms has new owners

AeroFarms in Danville has new owners and a new CEO after nearly shutting down, signaling renewed hop[...]


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