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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Hogberg_Frederik
Virginia 500 August 29, 2022

Manufacturing: FREDRIK HÖGBERG

Högberg became president of Volvo Penta North America in May. He joined the Volvo Group in 1994, holding a broad range of leading positions, in areas such as digital services, retail development and aftermarket sales. Prior to becoming president, he served as senior vice president for services and solutions, digital, and information technology for Mack […]

Napolitano_Frederick
News August 29, 2022

Living Legends: FREDERICK NAPOLITANO SR.

New York native Napolitano moved to Virginia Beach in 1955, going on to make a major regional impact in commercial real estate and development. In 1966, he co-founded and developed Pembroke Mall, which is currently undergoing a $200 million redevelopment by his company. He is a past president of the National Association of Home Builders, […]

Heatwole_Corwin_headshot
News August 29, 2022

Agriculture: CORWIN HEATWOLE

Heatwole started his company in 2014 with a mission to promote and protect generational family farms. Eight years later, Farmer Focus, formerly known as Shenandoah Valley Organic, has partnered with 73 independent chicken farmers and is on track to exceed 100 partnerships by the end of 2022, ultimately providing organic poultry products to around 1 […]

GettyImages-1321733357_1080
News August 29, 2022

Federal Contractors/Technology: MICHAEL SAYLOR

After bitcoin’s value nosedived below $17,600 in June, Saylor tweeted an edited photo of himself sporting a McDonald’s hat, serving fries and a hamburger. “Monday morning is time to get back to work. #Bitcoin,” he tweeted to his 2.6 million Twitter followers. MicroStrategy reported a $1.98 billion impairment loss on its bitcoin holdings in an […]

JaffrayWoodriff_500Web
News August 29, 2022

Finance/Insurance: JAFFRAY WOODRIFF

In the section of LinkedIn where most people post a summary of their careers, Woodriff wrote, “I am at war with unnecessary complexity.” That’s probably as good a way as any to explain Woodriff’s work — considering the bulk of the population has never heard of quants, individuals who design and use complex models to […]

George Holm will transition to executive chairman of PFG on Jan. 1. Photo courtesy PFG
News August 29, 2022

Retail/Wholesale: GEORGE L. HOLM

A scheduling conflict kept Holm from attending the ceremony when he was chosen as a 2019 inductee of the Grand Canyon University Alumni Hall of Fame. This March, Holm, who graduated from the Phoenix-based Christian university in 1977 with a degree in business administration, was finally able to travel to Arizona to accept the honor. […]

Clay_Paige_400x400
Virginia 500 August 29, 2022

Professional Services: PAIGE CLAY

A human resources, finance and operations executive with a track record of generating growth while transforming culture to deliver on business strategy, Clay has experience with acquisition integration, strategy creation, talent assessment and development, organizational design, recruiting and compensation. Clay began working for Mercer in 2011 and is responsible for its human resources and operat[...]

King_Bob_400x400
Virginia 500 August 29, 2022

Real Estate: ROBERT M. ‘BOB’ KING

Harvey Lindsay has a century-long legacy in Hampton Roads, where the commercial real estate company offers brokerage services and asset and property management. King is the adopted son of Harvey L. Lindsay Jr., a community pillar who continues to serve as the firm’s chairman in his 90s. Lindsay adopted King and his brother, Billy, after […]

Werge_Rob
Virginia 500 August 29, 2022

Manufacturing: ROB WERGE

In May, Werge was named president and CEO of the high-tech medical device maker, succeeding Alan Connor, who led the company for a decade. Over the span of Werge’s career, he’s held leadership positions with several other contract manufacturers, including Nypro and Phillips-Medisize, where he served as vice president and general manager of its global […]

Tucker_Telly_VA500_2022
Virginia 500 August 29, 2022

Economic Development: TELLY TUCKER

Tucker returned to Danville in May after a two-year stint as economic development director for Arlington County. As he departed, The Boeing Co. and Raytheon Technologies Corp. both announced they would be relocating their global headquarters to Arlington, making Northern Virginia home to four of the top defense contractors in the world. Tucker, a Lynchburg […]

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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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