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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Professional Services 2024: PATRICK RYAN

In June, Ryan was named managing partner of the D.C. metro office and federal sector leader for KPMG. He oversees 3,000 employees in the region and is responsible for leading market strategy, client care and growing KPMG’s brand and relationships. As federal sector leader, Ryan oversees the Big Four accounting firm’s federal audit and advisory […]

Real Estate 2023: KYLE SCHOPPMANN
Virginia 500 August 29, 2024

Real Estate 2024: KYLE M. SCHOPPMANN

With more than 20 years of experience in commercial real estate sales strategy, training and professional development, Schoppmann leads six offices in Virginia, Maryland and Washington, D.C., with more than 130,000 employees. Schoppmann joined CBRE in 2007 as managing director of brokerage services in New York City, and in 2020, she was promoted to the […]

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Virginia 500 August 29, 2024

Education 2024: GREGORY WASHINGTON

In 2020, Washington became the first Black president of Virginia’s largest and most diverse public university. He was previously dean of the University of California, Irvine’s Samueli School of Engineering and Applied Science. A first-generation college graduate, Washington holds bachelor’s, master’s and doctoral degrees in mechanical engineering from North Carolina State University. Under[...]

Manufacturing 2023: JEREMY HOFF
Virginia 500 August 29, 2024

Manufacturing 2024: JEREMY R. HOFF

Hoff joined Hooker Furniture in 2017. He served consecutive terms as president of the upholstery, case goods and legacy brands divisions before being named its first nonfamily CEO in 2021, the same year the company rebranded as Hooker Furnishings. Celebrating its century mark this year, Hooker Furnishings has upholstery manufacturing facilities throughout Virginia and North […]

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Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: BEN ROTHROCK

Rothrock is now the highest-ranking Virginia-based boss of the Richmond Flying Squirrels Double-A baseball team, although he shares duties with Brendon Porter, the team’s president, who spends part of his time in Alabama. The 2024 season is Rothrock’s seventh as the Squirrels’ general manager, but most of the drama has happened outside of the stadium […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: FRANCISCO ‘FRANK’ CASTELLANOS

A native of Cuba who grew up in Texas, Castellanos has led the Greater Washington, D.C., market for Merrill, the wealth management division of Bank of America, since the end of 2022. Before that, Castellanos was Merrill’s Greater Virginia Market Executive and served as Hampton Roads market president for Bank of America. He also previously […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: MICHAEL T. HUTCHINS

In mid-March, Hutchins became interim CEO and a board member of the government-sponsored home mortgage company, replacing Michael J. DeVito, who stepped down after three years. Hutchins will fill the position until the company appoints a permanent leader or until Sept. 30.  Hutchins, who boasts three decades in the financial services industry, was named president […]

Finance | Insurance 2023: CHRISTOPHER M. ‘CHRIS’ SHOCKLEY
Virginia 500 August 29, 2024

Banking | Finance 2024: CHRISTOPHER M. ‘CHRIS’ SHOCKLEY

Following a vote by Roanoke-based Member One Federal Credit Union’s customers, Virginia Credit Union’s merger with Member One was finalized Aug. 1. The combined credit union is expected to be the state’s third largest, with combined assets of $7 billion and about 500,000 members. Shockley will remain president and CEO of the combined credit union, […]

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Virginia 500 August 29, 2024

Professional Services 2024: DAN KOTTER

In August 2023, Kotter was tapped to become Greater Washington managing partner for Ernst & Young, replacing Kevin Virostek, who retired. Kotter has worked at EY since 1998 and previously served as an assurance partner. In addition to client-serving responsibilities, Kotter is responsible for managing Ernst & Young’s Greater Washington offices. He has served as […]

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Virginia 500 August 29, 2024

Real Estate 2024: DERRICK SWAAK

A licensed broker in Virginia, Maryland and Washington, D.C., Swaak is co-chief operating officer, partner and managing broker for TTR Sotheby’s International Realty, which he joined in 2007 as a partner. The firm has handled some of the most expensive residential sales in the Washington, D.C., area, including the Fairfax County home purchased by the […]

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Top Stories

U.Va. Darden School dean reappointed to third term

U.Va. names next president, defying Spanberger

The University of Virginia's board named Darden School of Business Dean Scott Beardsley as the unive[...]

George Holm will transition to executive chairman of PFG on Jan. 1. Photo courtesy PFG

Performance Food Group announces Jan. 1 CEO transition

Performance Food Group names Scott McPherson CEO effective Jan. 1, 2026, as George Holm transitions [...]

Server room interior in datacenter. Depositphotos

Another massive data center campus proposed in Prince William

LSI 360 has filed an early planning application tied to a massive, proposed data center campus in we[...]

Port of Virginia nears finish of $450M dredging project

Federal employment, trade declined in 2025 in Virginia

Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemploym[...]

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilitie[...]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

People

SHRM Linkage has appointed Tracey Walker as its new CEO, effective. Dec. 3. Photo Courtesy SHRM Linkage

SHRM Linkage taps new CEO

19/12/2025

Science Applications International Corp. (SAIC) has tapped Peraton executive Ravi Dankanikote to be chief growth officer. Photo courtesy SAIC

Peraton executive returns to SAIC as chief growth officer

17/12/2025

Theodore “Ted” Tanner Jr. will join Leidos as CTO in January. Photo courtesy Leidos

Leidos names AI chief technology officer

15/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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