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Recent Articles from Virginia Business
An overview of Hampton Roads
Hampton Roads is the state’s second-most populated region, with approximately 1.75 million residents in 17 localities, including Virginia Beach, the state’s largest city by population with about 459,000 residents, according to the 2020 population count. More than 120,000 active-duty and reserve members of the military, as well as civilian personnel, work at nine installations represent[...]
Leaders of the pack
Although TowneBank remains at the top of the Hampton Roads’ region banking market, with just over a quarter of local market share, there is a newcomer in the second position: North Carolina-based Truist Bank, created from the SunTrust-BB&T megamerger in 2019. Truist holds nearly 24% of the market and has 72 locations, taking Wells Fargo’s […]
Inc. 5000 2021 rankings
Read about the top four on the list.
Virginia’s largest conference hotels
Related: Despite pandemic, hotels press forward Meeting planners roll with the punches
Diversity, equity and inclusion
Brought to you by Virginia Business and Bank of America, join us every other month for the Diversity Leadership Series — virtual fireside chats with a diverse group of Virginia business leaders sharing their insights and thoughts on leadership, their career paths, and diversity and equity. Our series kicked off on July 20 with Brian […]
September For the Record
Roanoke/New River Valley Apex Clean Energy is appealing a decision that it ran out of time for its Rocky Forge Wind project in Botetourt County, a proposed complex of 14 mountaintop wind turbines atop North Mountain that would stand about twice as tall as the Wells Fargo tower in downtown Roanoke. Apex informed the county […]
Telecommunications
VINCE APRUZZESE PRESIDENT, AT&T VIRGINIA, RICHMOND Apruzzese joined AT&T more than two decades ago in accounts payable and has served in roles ranging from legislative affairs to domestic and international corporate security. As president, he helps set and implement AT&T’s public policy and philanthropic initiatives in Virginia. When the pandemic scrambled everyone’s plans,[...]
Agriculture
CHAD BALLARD III PRESIDENT, BALLARD FISH & OYSTER CO. Inc., CAPE CHARLES Ballard left his job as an investment banking analyst in 2008 to focus on selling Misty Points, Chincoteague Salts and Littlenecks, oysters and clams that have been his family’s livelihood for five generations, going back more than 125 years. Ballard Fish & Oyster […]
Economic Development
TAYLOR ADAMS DIRECTOR, VIRGINIA BEACH DEPARTMENT OF ECONOMIC DEVELOPMENT, VIRGINIA BEACH Adams’ ability to sell Virginia Beach to both outside and current businesses is evident in the number of expansion announcements he has overseen in the past year. Those announcements include a $15.8 million investment from Acoustical Sheetmetal Co. to expand its Virginia Beach […]
Finance | Insurance
JOHN ASBURY PRESIDENT AND CEO, ATLANTIC UNION BANKSHARES, RICHMOND A native of Radford who graduated from Virginia Tech and received his MBA at William & Mary, Asbury now leads the largest regional bank headquartered in Virginia. Atlantic Union, which employs 1,839 people in Virginia, reported $677 million in revenue in 2020. It also has $19.6 […]
