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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Economic Development 2024: DOUG SMITH

In the first few months of 2024, freight business Total Quality Logistics announced it would open a new location in Norfolk, and Australian company Quality Maritime Surveyors said it was expanding to the Hampton Roads area. The announcements continue momentum from 2023, when the Hampton Roads Alliance’s 13 new project announcements represented more than 2,800 […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: RAUL FERNANDEZ

In February, Fernandez was named president and CEO of Fortune 500 IT services and consulting company DXC Technology after serving in an interim capacity since December 2023 and on the company’s board of directors since 2020. He succeeded Mike Salvino following three years of declining revenues. Headquartered in Ashburn, DXC has roughly 130,000 employees serving […]

Professional Services 2023: RUTH ‘PAIGE’ CLAY
Virginia 500 August 29, 2024

Professional Services 2024: RUTH ‘PAIGE’ CLAY

In January, Clay became global sales and client engagement leader for Marsh McLennan in addition to being a senior partner for its Mercer subsidiary. In her new role, she develops sales and client engagement strategies for the Fortune 500 professional services firm’s four businesses, which collectively have more than 85,000 employees in about 130 countries; […]

Real Estate 2023: STEPHEN BALLARD
Virginia 500 August 29, 2024

Real Estate 2024: STEPHEN BALLARD

Working from home, Ballard and his sister, Brenda, founded S.B. Ballard Construction by completing small projects for the Norfolk Redevelopment and Housing Authority and minor renovations for their neighbors. Over the course of the past 40 years, Ballard has served as a project manager, superintendent, estimator, carpenter and laborer. As president and CEO of S.B. […]

Real Estate 2023: T. RICHARD LITTON JR.
Virginia 500 August 29, 2024

Real Estate 2024: T. RICHARD LITTON JR.

Litton oversees the day-to-day operations of the commercial real estate and management company, which currently boasts $19 billion in real estate investment properties, with diversified property portfolios including office, retail and multifamily properties. Additionally, he manages Harbor Group International’s transaction group and is involved with capital-raising efforts, and also chairs the f[...]

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

Real Estate 2024: C. LEE WARFIELD

First joining Thalhimer as an associate broker in 1995, Warfield now leads the real estate firm’s seven offices and 450 associates in Virginia. In 2016, he became Thalhimer’s fourth CEO since its 1913 founding, adding to the role of president, which he has held since 2011. Warfield has been chairman of Thalhimer’s board since 2017. […]

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Virginia 500 August 29, 2024

Education 2024: SCOTT FLEMING

After a nationwide search, the State Council of Higher Education for Virginia (SCHEV) found its next leader under its nose — Fleming was serving his first term on SCHEV’s governing board when he was hired. Fleming began his new duties in May, replacing interim director Alan Edwards, who served after longtime SCHEV director Peter Blake stepped […]

Manufacturing 2023: SCOTT KEOGH
Virginia 500 August 29, 2024

Manufacturing 2024: SCOTT KEOGH

Keogh is leading German parent company Volkswagen AG’s new electric truck and sport utility vehicle division. Scout is a revamp of the iconic Scout all-terrain vehicle brand produced by International Harvester in the 1960s and ’70s. In 2021, Volkswagen acquired the rights to Scout’s name after buying Navistar International, which succeeded International Harvester, for $3.7 […]

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Virginia 500 August 29, 2024

Manufacturing 2024: G. DAVID OAKLEY JR.

Serving as president of Strongwell, Oakley joined the company in 2011, when its president for nearly 40 years and majority stockholder, John Tickle, transitioned to chairman of the board. Oakley previously served as president of Abingdon’s HAPCO Pole Products for nearly four years, and before that, was its vice president of product management. Strongwell creates […]

Manufacturing 2023: BRIAN D. PALIOTTI
Virginia 500 August 29, 2024

Manufacturing 2024: BRIAN D. PALIOTTI

Paliotti was named president of Afton Chemical in January 2023, succeeding Gina Harm, who retired at the end of 2022. The Richmond-based subsidiary of NewMarket produces and sells petroleum additives. Before assuming his role at its subsidiary, Paliotti had been with NewMarket since 2008, most recently as its vice president and chief financial officer. Before, […]

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Top Stories

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

President Donald Trump talks to workers as he tours U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson)

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s se[...]

Presenting the 2025 Virginia C-Suite Awards

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual For[...]

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

People

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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