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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Luck_Charlie
Virginia 500 August 29, 2024

Manufacturing 2024: CHARLES ‘CHARLIE’ LUCK IV

Representing the third generation of the Luck family at the helm, Charlie Luck IV became president and CEO of the 101-year-old crushed stone company in 1999. Luck’s first stint at the family business was as a summer trainee while studying at Virginia Military Institute, where he graduated in 1983. He then was a professional NASCAR […]

Bennett_Tony-photo-by-Drumheller-Josie-uva-athletics
Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: TONY BENNETT

After another winning season, Bennett signed a contract extension in May that would take him through the end of the 2029-30 season, with an extra year added if he remains Virginia’s men’s basketball coach as of April 30, 2026. A former point guard for the Charlotte Hornets, Bennett celebrated 16 years with the Cavaliers this […]

2023_Neil_Erik_01
Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: ERIK H. NEIL

Since joining the Chrysler Museum in 2014, Neil has guided the museum’s growth. In 2022, his position was endowed through a $34 million donation from Virginia Beach philanthropist Joan Brock that also included donated artwork. From December 2023 through April, the Chrysler hosted the U.S. debut of Sir Paul McCartney’s photography exhibit, which included pictures […]

Schaufeld_Fredrick
Virginia 500 August 29, 2024

Banking | Finance 2024: FREDRICK D. SCHAUFELD

After graduating from Lehigh University in 1981, Schaufeld sold extended warranties to auto dealers while going to law school. When he learned his employer hadn’t actually taken out policies on all his clients, Schaufeld dropped out of law school and went into business for himself, creating National Electronics Warranty. In 2008, the company was acquired […]

Schleicher_David
Virginia 500 August 29, 2024

Energy 2024: DAVID E. SCHLEICHER

One of the largest power distribution cooperatives in the nation based on sales and revenue, NOVEC last year reported operating revenue totaling $864 million, net margins exceeding $27 million and assets totaling $1.4 billion last year. Energy sales grew 17% to more than 10.1 billion kilowatt-hours sold. Since 2022, Schleicher has led the not-for-profit corporation, […]

Sanghani_Mehul
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: MEHUL P. SANGHANI

Reston-based federal contractor Octo was founded in 2006 by Virginia Tech alum Sanghani, who remains its CEO after IBM purchased Octo in 2022 from Arlington Capital Partners for an undisclosed sum. Octo is now part of IBM Consulting’s U.S. public and federal market arm, employing about 1,500 workers. Sanghani was born in India and raised […]

Summerlin_Dan
Virginia 500 August 29, 2024

Law 2024: DANIEL C. SUMMERLIN III

For more than 25 years, Summerlin has advised businesses — from sole proprietorships to Fortune 500 names — in environmental matters. Summerlin also assists employers with employment laws and regulations, including investigations with the Equal Employment Opportunity Commission.  A Roanoke native, Summerlin returned to the Star City in 1997 to work at Woods Rogers after […]

PHOTOGRAPHER: Len Spoden  (703) 598-7427, www.LenSpoden.comLOC
Virginia 500 August 29, 2024

Telecommunications 2024: MICHAEL KEEGAN

As CEO of TNS since 2013, Keegan is responsible for setting global strategy for the privately held networking, integrated data and voice services provider. TNS was acquired by a Koch Industries subsidiary in 2021 and, in 2022, TNS acquired Agnity Global, a leading provider of intelligent business communication applications and infrastructure to organizations in the […]

Sheehy_Vince
Virginia 500 August 29, 2024

Retail 2024: VINCE SHEEHY IV

Sheehy carries on his father’s legacy as an auto dealer, manning the largest dealership group in Virginia and No. 33 in the nation, according to Auto News’ list of Top 150 dealership groups. His late father, Vincent Sheehy III, founded Sheehy Ford in Maryland in 1965 as a suburban business near the newly built Capital […]

Edmunds_Andy
Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: ANDY EDMUNDS

Edmunds originally began his career in the music industry. As a musician and song writer, he produced a video for MTV, and thus began his love affair with film production. Today, he’s Virginia’s go-to guy for movie and TV projects being filmed in the state. As director of the Virginia Film Office since 2011, Edmunds […]

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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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