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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Real Estate 2024: ANDY FLORANCE

Founded in 1987, CoStar Group, a real estate marketplace and analytics company, runs industry-leading businesses like Homes.com, Apartments.com, LoopNet and STR. In February, it announced its plans to move its headquarters from Washington, D.C., to Arlington County, a $20 million investment on top of its $339 million purchase of the 560,000-square-foot tower on Wilson Boulevard. […]

Real Estate 2023: STEVE LAWSON
Virginia 500 August 29, 2024

Real Estate 2024: STEVE E. LAWSON

Chairman of his family’s real estate company since 2016, Lawson is focused on the strategic direction, mission and long-term goals of the 52-year-old firm. A third-generation builder and developer, Lawson has long been a passionate advocate for equitable and affordable housing, testifying before Congress and using his leadership positions with the National Association of Home […]

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Virginia 500 August 29, 2024

Education 2024: MAJ. GEN. CEDRIC T. WINS (U.S. ARMY, RET.)

A 34-year U.S. Army veteran and 1985 VMI alumnus, Wins became the first Black superintendent to lead “the West Point of the South,” the nation’s oldest state military college, following his predecessor’s resignation. With master’s degrees from the Florida Institute of Technology and the National War College, he served as interim superintendent from November 2020 […]

Transportation 2023: PERRY J. MILLER
Virginia 500 August 29, 2024

Transportation 2024: PERRY J. MILLER

Miller started with the Richmond International Airport’s commission in 2019, just a few months before the pandemic upended air travel. This summer, he concluded his one-year term as chair of the American Association of Airport Executives. Meanwhile, the airport marked record-breaking passenger traffic and cargo volume in 2023 —  4.75 million passengers and 206.6 million […]

Manufacturing 2023: CHARLES ‘CHARLIE’ LUCK IV
Virginia 500 August 29, 2024

Manufacturing 2024: CHARLES ‘CHARLIE’ LUCK IV

Representing the third generation of the Luck family at the helm, Charlie Luck IV became president and CEO of the 101-year-old crushed stone company in 1999. Luck’s first stint at the family business was as a summer trainee while studying at Virginia Military Institute, where he graduated in 1983. He then was a professional NASCAR […]

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Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: TONY BENNETT

After another winning season, Bennett signed a contract extension in May that would take him through the end of the 2029-30 season, with an extra year added if he remains Virginia’s men’s basketball coach as of April 30, 2026. A former point guard for the Charlotte Hornets, Bennett celebrated 16 years with the Cavaliers this […]

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Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: ERIK H. NEIL

Since joining the Chrysler Museum in 2014, Neil has guided the museum’s growth. In 2022, his position was endowed through a $34 million donation from Virginia Beach philanthropist Joan Brock that also included donated artwork. From December 2023 through April, the Chrysler hosted the U.S. debut of Sir Paul McCartney’s photography exhibit, which included pictures […]

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Virginia 500 August 29, 2024

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 2023: DAVID E. SCHLEICHER
Virginia 500 August 29, 2024

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, […]

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Virginia 500 August 29, 2024

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 […]

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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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