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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Leadership: On the move
Virginia 500 August 29, 2024

Banking | Finance 2024: TYRONE NOEL

Noel became president of Bank of America’s Hampton Roads market in September 2023, replacing Frank Castellanos, who is the Merrill market executive for the greater Washington, D.C., area. In this role, Noel leads 500 employees across eight business lines and oversees the bank’s efforts to grow “by fostering local connections and identifying opportunities to grow […]

Virginia 500 August 29, 2024

2024 Virginia 500: Media

JON CARPENTER CEO, COMSCORE, RESTON     DOUG DAVIS SENIOR VICE PRESIDENT/REGIONAL MANAGER, NEXSTAR BROADCASTING, PORTSMOUTH     JOSH EASTRIGHT CEO, BLOOMBERG INDUSTRY GROUP, ARLINGTON COUNTY     PAULA A. KERGER PRESIDENT AND CEO, PUBLIC BROADCASTING SERVICE, ARLINGTON COUNTY     TIMOTHY J. O’SHAUGHNESSY PRESIDENT AND CEO, GRAHAM HOLDINGS, ARLINGTON COUNTY [...]

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Virginia 500 August 29, 2024

Energy 2024: ROBERT DUVALL

In his second stint at the helm of Virginia Natural Gas, Duvall is responsible for delivering natural gas to more than 310,000 customers across southeastern Virginia. After earning a bachelor’s degree in civil engineering from Clemson University, Duvall began his career in 1984 as a distribution engineer at Atlanta Gas Light, a subsidiary of VNG’s […]

Real Estate 2023: TIMOTHY A. FAULKNER
Virginia 500 August 29, 2024

Real Estate 2024: TIMOTHY A. FAULKNER

Named CEO in 2022, Faulkner previously served as chief operating officer and president of property management for Breeden, which has about 425 employees in Virginia. Previously, Faulkner was president and COO of Lawton Lumber, and also worked for American Coating Technologies and Procter & Gamble. As Breeden’s CEO, he oversees a real estate development and […]

Real Estate: KIM ROY
Virginia 500 August 29, 2024

Real Estate 2024: CHRIS MOLIVADAS

Molivadas has been in commercial real estate for more than 30 years. He previously was senior vice president at Spaulding & Slye Colliers, which was acquired by JLL in 2005, and he became JLL’s mid-Atlantic market director in 2018. Before that, he was a project manager for Clark Construction and a project director for Quadrangle […]

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Virginia 500 August 29, 2024

Education 2024: TROY D. PAINO

UMW had its most successful fundraising year so far in 2022-23, raising more than $21.36 million in gifts and pledges, including a portion of a $30 million bequest from a 1959 alumna to support undergraduate research and scholarships, announced in March 2023. Last year, Paino received the National Association of Student Personnel Administrators’ 2023 President’s […]

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Virginia 500 August 29, 2024

Retail 2024: RICK DREILING

Dreiling’s first year as Dollar Tree’s CEO has seen a continuation of some of the tumult that preceded his time leading the Fortune 500 discount retailer. The chain reported $30.6 billion in revenue in fiscal 2023, but a $1.7 billion loss in the fourth quarter. Following that poor performance, the company announced it would close […]

Finance | Insurance 2023: MARK A. FRANTZ
Virginia 500 August 29, 2024

Banking | Finance 2024: MARK A. FRANTZ

Co-founded by Frantz in 2009, Blue Delta is a venture capital firm that supports growth-stage companies providing technology solutions to the federal government.  In April, Blue Delta announced it had invested $25 million in Maryland’s Herrick Technology Laboratories, a provider of software-defined radio (which relies on software rather than hardware to control frequencies) and related [&hellip[...]

Economic Development 2023: CAREN MERRICK
Virginia 500 August 29, 2024

Economic Development 2024: CAREN MERRICK

Years before she was appointed to serve in Gov. Glenn Youngkin’s administration, Merrick and her husband, Phillip Merrick, founded webMethods, a software company that helped businesses connect data from disparate systems via the web. The company grew steadily from the mid-1990s tech boom until the business sold to Software AG in 2007 for $546 million. […]

Economic Development 2023: STEPHANIE LANDRUM
Virginia 500 August 29, 2024

Economic Development 2024: STEPHANIE LANDRUM

Landrum has led the Alexandria Economic Development Partnership since 2015. She joined the partnership nearly 20 years ago, serving as acting executive director for two years before stepping up to senior vice president. Before coming to AEDP, Landrum was a project coordinator at Southeast Fairfax Development Corp. The site of Alexandria’s shuttered Landmark Mall is […]

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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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