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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

MacArthur Center mall was built in 1999. The city announced it will be demolished this year to make way for a redevelopment. Photo courtesy Norfolk Convention & Visitors Bureau Offices

Norfolk’s MacArthur Center to be demolished this year

The city of Norfolk announced Friday that it will close and demolish the MacArthur Center mall as pa[...]

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head Provisions reopened its Jarratt meat plant Monday, roughly a year and a half after clo[...]

Gov. Abigail Spanberger speaks during the InternshipsVA event Feb. 4, 2026, at the Omni Hotel Richmond. Photo courtesy Virginia Economic Development Partnership

State commits $14.5M yearly for new paid internship program

Virginia political, higher education and economic development leaders announced InternshipsVA, a new[...]

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google could spend $3B building Botetourt data centers

State documents reveal Google’s plan for a data center campus in Botetourt County that could cost [...]

Leadership: The Virginia Power 50 List

Henrico-based Arko launches IPO of petroleum subsidiary, seeks up to $910M

Henrico County-based Fortune 500 company Arko is seeking a valuation of as much as $910 million in i[...]

Photo by AdobeStock

Amazon to close five Virginia stores, cut nearly 700 jobs

Amazon plans to close five Amazon Fresh stores in Northern Virginia, laying off about 700 workers be[...]

People

The Virginia Chamber of Commerce on Wednesday elected Jennifer Siciliano to chair its board of directors this year.

Virginia Chamber elects UVA Health exec as board chair

5/2/2026

Kenneth Alexander. Photo courtesy Virginia Community College System

Norfolk mayor named Richard Bland College’s interim president

30/1/2026

Tina Leone. Photo courtesy River District Association

Danville’s River District Association has new leader

28/1/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming rea[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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