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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Rothrock_Ben
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 […]

Castellanos
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 […]

A man wears a black blazer and tie
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 […]

Shockley_Chris
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, […]

Kotter_Dan
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 […]

Swaak_Derrick
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 […]

Benevento_Joe
Virginia 500 August 29, 2024

Economic Development 2024: JOE BENEVENTO

Benevento was named the Virginia Innovation Partnership Corp.’s permanent president and CEO in April. He had served as interim leader since September 2023, after his predecessor, Bob Stolle, stepped down. The nonprofit operations arm of a state authority, VIPC provides strategic commercialization and funding support to Virginia-based tech startups. Benevento takes its reins amid a […]

Winn_Christina
Virginia 500 August 29, 2024

Economic Development 2024: CHRISTINA WINN

Before taking the reins in Prince William County in 2019, Winn was the director of Arlington Economic Development’s Business Investment Group, where she played a major role in recruiting Amazon.com’s $2.5 billion-plus HQ2 East Coast headquarters. Prince William reported it had won 31 projects, representing more than $1.9 billion in intended capital investment, 641 new […]

Virginia 500 August 29, 2024

2024 Virginia 500: Hospitality | Tourism

CHRIS ALBRECHT SENIOR VICE PRESIDENT AND GENERAL MANAGER, CAESARS VIRGINIA, DANVILLE     THOMAS J. BALTIMORE JR. CHAIRMAN, PRESIDENT AND CEO, PARK HOTELS & RESORTS, TYSONS     DOUG BRADBURN PRESIDENT AND CEO, GEORGE WASHINGTON’S MOUNT VERNON, FAIRFAX COUNTY     JAMES CARROLL PRESIDENT AND CEO, CRESTLINE HOTELS AND RESORTS, FAIRFAX     CHRISTY S. [&hell[...]

Peters_Mark
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: MARK PETERS

On Sept. 3, Peters will succeed Jason Providakes as president and CEO of Mitre, a not-for-profit research and development corporation that manages federally funded R&D centers. Mitre has more than 60 sites worldwide, employing 10,000 workers. The corporation’s 200-plus labs develop innovations in applied science and technologies in sectors ranging from artificial intelligence, cybersecurity [...]

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Top Stories

Virginia Gov. Glenn Youngkin speaks at a Sept. 16, 2025, news conference announcing a $5 billion Eli Lilly pharmaceutical manufacturing plant for Goochland County. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technolo[...]

Tatia Daniels Granger. Photo courtesy Averett University

Averett University names next president, its fourth in 18 months

Tatia Daniels Granger becomes Averett University's fourth president in 18 months as the Danville sch[...]

KevinMurphy_500Web

Ferguson planning $1.6B acquisition of Texas valve distributor

Ferguson Enterprises announced that it has agreed to acquire FloWorks for $1.6 billion from private[...]

Michael LaRouche. Photo courtesy Serco

Serco CEO is leaving to lead KBR spinoff

Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Tec[...]

At the Norfolk International Terminals, four ultra-large container vessel berths are in operation. Photo courtesy Port of Virginia

Virginia ranks No. 3 in CNBC Top States for Business list

Virginia is ranked third in the annual CNBC Top States for Business list, up one spot from last year[...]

Server room interior in datacenter. Depositphotos

Prince William supervisors reject another big data center project

The Prince William County Board of Supervisors on Tuesday night rejected a comprehensive plan amendm[...]

People

Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026

Diana Cantor. Photo courtesy VCU Health

Richmond-area attorney is first elected chair of VCU Health

15/7/2026

Robin-Rossmann

CoStar taps European managing director as next CFO

15/7/2026

Regions

Newport News, Virginia Tech and state officials on April 22 hold a ribbon cutting to celebrate SEFC’s opening. Photo by Josh Janney/Virginia Business

Energy tech hub opens in Newport News

The Secure Energy Future Center backed by Virginia Tech opens in Newport News with $2.7 million fund[...]

The new Volvo VNR 300 was introduced in February. Photo courtesy Volvo Trucks North America

Volvo Trucks’ Dublin plant rolls out regional hauler

Volvo Trucks North America’s Dublin plant has begun production of the new VNR regional hauler, boo[...]

Tenaska, a Nebraska energy company, hopes to build a battery energy storage project near Leesburg. Photo by Alamy

$750M battery storage project eyed in Loudoun

Energy company Tenaska is seeking approval for a $750 million, 425-megawatt battery energy storage p[...]

A rendering of Virginia Technology Park, a data center campus proposed in Frederick County Image courtesy Frederick County

Valley communities prepare for data centers

As interest in data centers grows across Virginia, Shenandoah Valley communities are debating how to[...]


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