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Recent Articles from Virginia Business
Banking | Finance 2024: FREDRICK D. SCHAUFELD
After graduating from Lehigh University in 1981, Schaufeld sold extended warranties to auto dealers while going to law school. When he learned his employer hadn’t actually taken out policies on all his clients, Schaufeld dropped out of law school and went into business for himself, creating National Electronics Warranty. In 2008, the company was acquired […]
Energy 2024: DAVID E. SCHLEICHER
One of the largest power distribution cooperatives in the nation based on sales and revenue, NOVEC last year reported operating revenue totaling $864 million, net margins exceeding $27 million and assets totaling $1.4 billion last year. Energy sales grew 17% to more than 10.1 billion kilowatt-hours sold. Since 2022, Schleicher has led the not-for-profit corporation, […]
Federal Contractors | Technology 2024: MEHUL P. SANGHANI
Reston-based federal contractor Octo was founded in 2006 by Virginia Tech alum Sanghani, who remains its CEO after IBM purchased Octo in 2022 from Arlington Capital Partners for an undisclosed sum. Octo is now part of IBM Consulting’s U.S. public and federal market arm, employing about 1,500 workers. Sanghani was born in India and raised […]
Law 2024: DANIEL C. SUMMERLIN III
For more than 25 years, Summerlin has advised businesses — from sole proprietorships to Fortune 500 names — in environmental matters. Summerlin also assists employers with employment laws and regulations, including investigations with the Equal Employment Opportunity Commission. A Roanoke native, Summerlin returned to the Star City in 1997 to work at Woods Rogers after […]
Telecommunications 2024: MICHAEL KEEGAN
As CEO of TNS since 2013, Keegan is responsible for setting global strategy for the privately held networking, integrated data and voice services provider. TNS was acquired by a Koch Industries subsidiary in 2021 and, in 2022, TNS acquired Agnity Global, a leading provider of intelligent business communication applications and infrastructure to organizations in the […]
Retail 2024: VINCE SHEEHY IV
Sheehy carries on his father’s legacy as an auto dealer, manning the largest dealership group in Virginia and No. 33 in the nation, according to Auto News’ list of Top 150 dealership groups. His late father, Vincent Sheehy III, founded Sheehy Ford in Maryland in 1965 as a suburban business near the newly built Capital […]
Arts | Entertainment | Sports 2024: ANDY EDMUNDS
Edmunds originally began his career in the music industry. As a musician and song writer, he produced a video for MTV, and thus began his love affair with film production. Today, he’s Virginia’s go-to guy for movie and TV projects being filmed in the state. As director of the Virginia Film Office since 2011, Edmunds […]
Economic Development 2024: JAY A. LANGSTON
In the last two years, the four-employee Shenandoah Valley Partnership was involved with more than $300 million in economic development deals representing nearly 500 new jobs in the region. It’s helped create almost 3,000 jobs in the past five years. Langston has led the regional economic development organization since 2018, after serving in multiple roles […]
Federal Contractors | Technology 2024: JEREMY WENSINGER
In June, Wensinger replaced outgoing president and CEO Chuck Prow at aerospace and defense contractor V2X. The move was part of a “board-led succession planning process,” the company stated in a press release. Wensinger also serves on V2X’s board of directors. The change follows the move of V2X’s headquarters from Colorado to Tysons in April […]
Health Care 2024: PAT DAVIS-HAGENS
Davis-Hagens speaks enthusiastically about the construction of the Harbour View Medical Center, an $80 million, 98,000-square-foot hospital scheduled for completion in Suffolk in spring 2025. Davis-Hagens is passionate about expanding access to care, and the new hospital, as the former nurse has pointed out, will allow residents of northern Suffolk and western Hampton Roads to […]
