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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Retail | Wholesale | Food | Beverage 2023: JACK WOODFIN
Virginia 500 August 29, 2024

Retail 2024: JACK WOODFIN

For Woodfin, heating and cooling is a family affair: His parents, John and Anne, started Woodfin Heating in 1977 to sell heating oil, growing it into one of the largest privately held HVAC-related businesses in Virginia. A Virginia Military Institute and University of Virginia Darden School of Business alum, Woodfin began working with his parents […]

Finance | Insurance 2023: JOHN C. STANCHINA
Virginia 500 August 29, 2024

Insurance 2024: JOHN C. STANCHINA

Since 2011, Stanchina has led the mid-Atlantic region for Marsh McLennan Agency, which provides business insurance, employee health and benefits, retirement and private client insurance solutions.   The region includes offices in Alabama, Georgia, Maryland, North Carolina, South Carolina, Tennessee and Virginia. Stanchina oversees more than 1,100 colleagues.  Stanchina went to work at Rutherfoor[...]

Virginia 500 August 29, 2024

Law 2024: JASON R. DAVIS

Davis became president and CEO of Hampton Roads-based Kaufman & Canoles in April, succeeding William R. Van Buren III, who led the firm for 16 years and is now chairman. The transition took place after an 18-month strategic planning process at Kaufman & Canoles, which has roots dating back to 1919. Davis, who joined Kaufman […]

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Virginia 500 August 29, 2024

Agriculture 2024: CORWIN HEATWOLE

Sixth-generation chicken farmer Heatwole started his 100% organic and humane-certified chicken company in 2014. Originally named Shenandoah Valley Organic but rebranded as Farmer Focus in 2020, the company lets farmers own their flocks, receive fair compensation and make key decisions. In August 2023, Farmer Focus announced that Stephen J. Shepard, the company’s president and chief […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: JOHN C. ASBURY

In April, Atlantic Union Bankshares, the holding company for Atlantic Union Bank, completed its acquisition of Danville-based American National Bankshares, parent company of American National Bank and Trust — a transaction valued at about $507 million. The combined bank has $24.3 billion in total assets, $19.4 billion in deposits and $17.9 billion in total loans, […]

Leadership: The Virginia Power 50 List
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: DAVID LEVY

In October 2023, Levy was tapped to lead Amazon Web Service’s worldwide public sector business, overseeing government contracting activities for Amazon.com’s cloud computing subsidiary, as well as business for educational, nonprofit and health care organizations. In 2023, AWS recorded $90 billion in net sales, up from $80 billion in 2022. Last year, AWS announced it […]

The Power 50
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: PHEBE N. NOVAKOVIC

Novakovic has led General Dynamics, the world’s sixth largest aerospace and defense company, since 2013. During her tenure as CEO, General Dynamics won the Navy’s largest-ever contract, up to $24.2 billion, to build nuclear submarines. The Fortune Global 500 company employs more than 100,000 people and recorded $42.3 billion in revenue for fiscal 2023, a […]

Health Care 2023: ANTHONY ‘TONY’ BAKER
Virginia 500 August 29, 2024

Health Care 2024: ANTHONY ‘TONY’ BAKER

Baker leads Fortune 500 pharma manufacturer Merck’s vaccine operations in Elkton. The company founded a plant in the Rockingham County town in 1941. Early in his career, Baker spent seven years at Pennsylvania-based Biopharm Project Solutions as a senior process specialist. He joined Merck in 2008 as a process engineer and went on to engineering […]

Real Estate 2023: LAURA D. LAFAYETTE
Virginia 500 August 29, 2024

Real Estate 2024: LAURA D. LAFAYETTE

Between her leadership positions with the Richmond Association of Realtors and the Central Virginia Regional Multiple Listing Service, Lafayette serves more than 6,800 Realtors in Central Virginia. This year, she’s become an even more powerful voice in the Richmond real estate community in the wake of a landmark court settlement that’s changing how homeowners buy […]

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Virginia 500 August 29, 2024

Real Estate 2024: JON M. PETERSON

Founded in 1965 by Peterson’s late father, Milt, Peterson Cos. is responsible for some of the most prominent and successful mixed-use retail, residential and office developments in Northern Virginia and Maryland, including Fairfax Corner, Fair Lakes, National Harbor, Burke Centre and Tysons McLean Office Park. Peterson, who became executive committee chairman in 2016 and CEO […]

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Top Stories

Norfolk Airport cancels development contract for 165-room hotel

Norfolk Airport cancels development contract for 165-room hotel

The Norfolk Airport Authority recently canceled a contract to develop a 165-room hotel due to an all[...]

Systems Planning & Analysis will expand its Alexandria headquarters, the government contractor announced Sept. 11, 2025. Photo courtesy SPA

Government contractor to add 1,200 jobs in Alexandria and Fairfax

Systems Planning & Analysis (SPA) announced Thursday it plans to expand its headquarters, increase i[...]

Nightingale Ice Cream Sandwiches co-founder, CEO and President Hannah Pollack

Nightingale Ice Cream cancels expansion plans

Nightingale Ice Cream Sandwiches has canceled plans for a $5.8 million expansion into a new Richmond[...]

Youngkin, Senate Dems continue fight over university boards

Youngkin, Senate Dems continue fight over university boards

Virginia State Senate Democratic leaders are calling for George Mason University's rector to recuse [...]

Virginia 500: The 2025-26 Power List

Virginia 500: The 2025-26 Power List

Who are Virginia’s most powerful and influential leaders in business, government, politics and edu[...]

Skanska completes offshore wind staging project at Port of Virginia

Trump administration withdraws $39.27M for Norfolk offshore wind project

The Trump administration withdrew $39.27 million in federal funding that had been awarded for an off[...]

People

Bob Ritchie has been promoted to chief growth officer at SAIC. Courtesy SAIC

SAIC names chief growth officer

12/9/2025

BWXT announces new chief strategy officer

BWXT announces new chief strategy officer

11/9/2025

Dollar Tree announced that Brent Beebe will be promoted to chief merchandising officer effective April 2026. Photo Courtesy Dollar Tree

Dollar Tree promotes exec to chief merchandising officer

9/9/2025

Regions

Nostalgia-fueled Colony House reopens

Nostalgia-fueled Colony House reopens

Thanks to $10 million in 21st-century improvements, Roanoke’s Colony House Motor Lodge will once a[...]

Chesterfield zoning update moves forward

Chesterfield zoning update moves forward

Chesterfield County advances ZOMod, its zoning overhaul aligning rules with growth goals. Final vote[...]

Peninsula businesses to get capital boost

Peninsula businesses to get capital boost

Small and midsize businesses in distressed and underserved areas of Hampton and Newport News will be[...]

Marion museum aims to ‘Do the Dew’

Marion museum aims to ‘Do the Dew’

The Birthplace of Modern Mountain Dew museum is expected to draw thousands of tourists with a thirst[...]


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