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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Finance | Insurance 2023: EVELYN LEE
Virginia 500 August 29, 2024

Banking | Finance 2024: EVELYN LEE

Lee’s role expanded in October to include oversight of Maryland, following the retirement of Greg Farno, whom Lee described as a friend and a “true leader” of both Baltimore and Truist.  A William & Mary alumna, Lee has led the greater Washington market since 2019, following the merger of BB&T and SunTrust Banks that created […]

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Virginia 500 August 29, 2024

Economic Development 2024: H. GARRETT HART III

Construction is progressing on The Lake, a 105-acre mixed-use development in Chesterfield County, which Hart hopes will help attract more businesses to the area. It will have a 13-acre artificial lake and a 6-acre surf park, one of a handful of such facilities nationwide that can generate waves large enough to surf. Hart also has […]

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Virginia 500 August 29, 2024

Hospitality | Tourism 2024: MOLLY HARDIE; ROBERT HARDIE

H7 Holdings is a private family investment company that owns and manages Keswick Hall and Golf Club in Albemarle County and the Hermitage Hotel in Nashville, Tennessee. Level One Partners is a venture capital firm that invests in the health care and life sciences sectors. The couple also runs the H7 Foundation, supporting educational and […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: PHONG LE

If there’s one company making a big bet on bitcoin, it’s MicroStrategy. As of July 10, MicroStrategy owned more than $13 billion worth of the cryptocurrency after acquiring an additional $1 billion in bitcoin over the previous year. Le took the lead at MicroStrategy in August 2022 after Michael Saylor, the company’s high-profile founder and […]

Nonprofits | Philanthropy 2023: SHERRIE ARMSTRONG
Virginia 500 August 29, 2024

Nonprofits | Philanthropy 2024: SHERRIE ARMSTRONG

Armstrong is only the second president and CEO of the Community Foundation for a greater Richmond, established in 1968. She has held that position since 2015 after 26 years of leadership roles with United Way at local and national levels, including working as executive vice president of investor relations at United Way Worldwide and serving […]

Real Estate 2023: TIMOTHY HELMIG
Virginia 500 August 29, 2024

Real Estate 2024: TIMOTHY HELMIG

After joining Monday Properties in 2005, Helmig has led the company to capital investments of more than $16 billion, an expanded multifamily portfolio of 6,500 units, and execution of transactions totaling more than 36 million square feet. A developer and investor of multifamily housing, Monday Properties has expanded its footprint into high-growth markets along the […]

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Virginia 500 August 29, 2024

Education 2024: KATHERINE A. ROWE

Rowe became president of the nation’s second-oldest university in 2018, after serving as provost and dean of faculty at Smith College. She has shepherded the creation of William & Mary’s first sustainability plan, an entrepreneurship hub and the college’s strategic plan, Vision 2026. In October 2023, William & Mary and The Colonial Williamsburg Foundation formed […]

Finance | Insurance 2023: SHANE McLAUGHLIN
Virginia 500 August 29, 2024

Banking | Finance 2024: SHANE McLAUGHLIN

In his role, McLaughlin oversees 88 branch locations and more than 750 employees.  A Virginia Tech alumnus, McLaughlin joined Wachovia in 2004, working as a licensed financial specialist in Richmond. He quickly climbed the ranks, first taking a position as a financial specialist sales leader and, later, becoming West End district manager.  Following Wells Fargo’s […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: WAYNE F. WILBANKS

Wilbanks developed an interest in stocks and bonds at the age of 14. As a 16-year-old, he formed an investment partnership with other students. “I was hooked,” Wilbanks wrote on a Virginia Business survey. A graduate of Duke, Wilbanks co-founded Norfolk’s Wilbanks Smith & Thomas Asset Management in 1990, serving as the firm’s managing principal […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: SCOTT McINTYRE

McIntyre was retained as chairman and CEO after Guidehouse, a federal contractor and global provider of technology and consulting services, was acquired by a Bain Capital Private Equity affiliate for $5.3 billion in December 2023. Guidehouse had been owned by Veritas Capital since 2018. Employing more than 17,000 people in 55 locations across the globe, […]

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Top Stories

Supreme Court allows Trump’s federal job cuts plan

Supreme Court allows Trump’s federal job cuts plan

WASHINGTON (AP) — The Supreme Court on Tuesday cleared the way for President Donald Trump’s pl[...]

Dollar Tree retail store

Dollar Tree completes $1B Family Dollar sale

Dollar Tree on Monday announced it has completed the sale of its Family Dollar business segment for [...]

Carilion Clinic raises $96M for cancer center

Carilion Clinic raises $96M for cancer center

Carilion Clinic is counting on public support to reach its $100 million goal to build a six-story ca[...]

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Emerson to lay off 87 workers in Charlottesville

Emerson Electric plans to lay off 87 workers at its Charlottesville manufacturing facility, starting[...]

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Virginia senators seek injunction against seating 8 rejected BOV appointees

State senators ask for injunction so eight university board appointees can't be installed at three V[...]

Reshoring manufacturing is one of President Donald Trump’s priorities

Reshoring manufacturing is one of President Donald Trump’s priorities

President Donald Trump wants manufacturing jobs to return to the U.S., but it's not as simple as tha[...]

People

A man wears a navy blue blazer and a green tie.

Dominion promotes Baine to EVP of utility operations

1/7/2025

Virginia 500 July 2025 Spotlight: Michael J. Lutes

Virginia 500 July 2025 Spotlight: Michael J. Lutes

29/6/2025

Virginia Bankers Association names new chair

Virginia Bankers Association names new chair

24/6/2025

Regions

Frederick prepares for data center development

Frederick prepares for data center development

Increasingly, data center developers are eyeing sites in parts of the commonwealth outside Northern [...]

Officials envision new life for shuttered state campus

Officials envision new life for shuttered state campus

Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions ho[...]

Post GreenCity, Henrico tries again

Post GreenCity, Henrico tries again

Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid law[...]

$35B Capital One-Discover merger closes

$35B Capital One-Discover merger closes

McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Ser[...]


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