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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Retail 2024: KATE MORA

Kroger tapped Mora to lead its mid-Atlantic division in August. She replaced Lori Raya, who retired after holding the role since 2021. Mora joined Kroger in 2022 as vice president on special assignment supporting End-to-End Fresh, an initiative designed to get the freshest food to shoppers. She went on to serve as vice president for […]

Retail | Wholesale | Food | Beverage 2023: ROBERT S. ‘BOBBY’ UKROP
Virginia 500 August 29, 2024

Retail 2024: ROBERT S. ‘BOBBY’ UKROP

Ukrop’s family started a Virginia grocery chain in 1937, which became Richmond’s dominant supermarket brand before it was purchased in 2009 by Dutch retail conglomerate Ahold. The family retained its beloved prepared foods and bakery operations under the Ukrop’s Homestyle Foods brand. Its baked goods and ready-to-eat meals were initially exclusively sold at Martin’s, but […]

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 […]

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Top Stories

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

John G. Rocovich Jr. talks with cadets during the Distinguished Alumni of the Corps award ceremony in 2025. Photo courtesy Virginia Tech

Rocovich sues Spanberger, seeks reinstatement on Virginia Tech board

Less than two weeks after being removed from the Virginia Tech's Board of Visitors, John Rocovich su[...]

Private schools’ graduation numbers remain stable

Trey Falwell sues Liberty for $1.75M

Jerry “Trey” Falwell III is suing Liberty University for $1.75 million, alleging the school brea[...]

Patients’ favorites

13 rural hospitals in Virginia at risk of closure, new report finds

Thirteen of Virginia's 36 rural hospitals are at risk of closure in a new report from the Virginia J[...]

People

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Hampden-Sydney College President Larry Stimpert. Photo courtesy Hampden-Sydney College

Hampden-Sydney president to retire next year

8/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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