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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 […]

Kerger_Paula
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. […]

Raya_Lori_750x750
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 […]

Estes_Robey_300x300
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 […]

Parks_Randall_1080x800
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 […]

Bechtel_Brendan_800x800
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[...]

Molivadas_Christopher
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 […]

Parkinson_John
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 […]

Ryan Angold
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, […]

Screen Shot 2022-08-23 at 6.58.54 PM
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

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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