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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Virginia 500 August 29, 2024

Real Estate 2024: WHITSON HUFFMAN

At Capital Square, a fast-growing real estate investment fund sponsor and commercial real estate development company established in 2012, Huffman became co-CEO in 2022. The son-in-law of founder and co-CEO Louis J. Rogers, Huffman joined Capital Square in 2018 and was previously chief strategy and investment officer, leading real estate investment activity and overseeing nearly […]

Virginia 500 August 29, 2024

Retail 2024: WILLIAM W. ‘BILL’ LOVETTE

Lovette has been CEO of Sauer Brands since January 2023, his second time in the position; he served as executive chairman and interim CEO in 2019, when Charlotte, North Carolina-based Falfurrias Capital Group purchased the Richmond-based family-owned spice company C.F. Sauer. With more than 1,000 employees, the renamed Sauer Brands produces and distributes Duke’s Mayonnaise, […]

Virginia 500 August 29, 2024

Retail 2024: CHARLES E. TYSON

Tyson has headed up the flooring company formerly known as Lumber Liquidators since 2020, the year after LL Flooring agreed to pay $33 million to settle federal securities fraud charges. He joined the company in 2018 as chief customer experience officer after spending nine years at Advance Auto Parts. Prospects looked bright early in his […]

Virginia 500 August 29, 2024

Banking | Finance 2024: SIMON R.B. HAMILTON

A financial adviser for close to three decades, Hamilton still enjoys helping families achieve their financial goals. After joining the Wise Investor Group in 2007, he now leads its portfolio management department. Hamilton also co-hosts “The Wise Investor Show” podcast. On a June episode, Hamilton pointed out to listeners that the number of stocks doing […]

Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: REGGIE AGGARWAL

Originally a lawyer, Aggarwal got into the events business after planning hundreds of events as president of the Indian CEO Network. This led Aggarwal in 1999 to found Cvent, a market-leading meetings, events and hospitality technology provider based in McLean. Cvent has grown to employ more than 4,800 workers serving some 22,00 customers worldwide. The […]

Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: JAMES J. RHYU

Rhyu joined for-profit education tech company Stride in 2013 and has served as its CEO since 2021. Founded in 2000 as K12, Stride offers career-learning services for middle and high school curricula, programs for businesses and the military, and professional skills training in health care and technology for adult learners. Stride reported $1.84 billion in […]

Virginia 500 August 29, 2024

Government | Politics 2024: RICHARD CULLEN

Richmond insider Richard Cullen was an early pick by Gov. Glenn Youngkin to serve on the political newcomer’s cabinet when he took office in 2022, and he has remained a prominent figure in the executive branch since. Before joining the Youngkin administration, Cullen was a senior partner at McGuireWoods, Virginia’s largest law firm. There, he […]

Virginia 500 August 29, 2024

Law 2024: LESLIE KENDRICK

Kendrick became the 13th dean of the University of Virginia School of Law on July 1, replacing Risa Goluboff, who stepped down after eight years in the role and will continue to teach at U.Va. A native of eastern Kentucky, Kendrick graduated from U.Va.’s law school in 2006 and became a member of the faculty […]

Virginia 500 August 29, 2024

Transportation 2024: CHARLES ‘CHUCK’ KUHN

At age 16, Kuhn founded JK Moving Services, now North America’s largest independently owned and operated moving company, with annual revenues exceeding $210 million. JK Moving and Kuhn’s other companies, JK Land Holdings and global corporate relocation firm CapRelo, employ more than 1,300 employees, mostly in Virginia. One of Loudoun County’s biggest landholders, Kuhn is […]

Virginia 500 August 29, 2024

Media 2024: JON CARPENTER

Since July 2022, Carpenter has served as CEO of Comscore, an analytics company that measures audience and consumer behaviors, along with advertising impact, across media platforms. Carpenter started his career at Comscore by serving as chief financial officer from November 2021 until moving into the CEO role. He came to Comscore from Publishers Clearing House, […]

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Top Stories

Eric Scorsone is the executive director of the Weldon Cooper Center for Public Service at the University of Virginia. Photo courtesy U.Va.

Virginia could lose 32,000 jobs in 2025, U.Va. estimates

Virginia may lose 32,000 jobs in 2025 amid federal cuts and rising unemployment, according to a new [...]

FILE - A Microsoft sign and logo are pictured at the company's headquarters, Friday, April 4, 2025, in Redmond, Wash. (AP Photo/Jason Redmond, File)

Microsoft to lay off about 3% of its workforce

Microsoft cuts nearly 6,000 jobs—about 3% of its workforce—in its largest layoff since 2023, imp[...]

US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks

The U.S. and China agreed to cut tariffs and pause their trade war for 90 days, calming markets and [...]

CoStar Group Inc. plans to add 750,000 more square feet to its holdings in Richmond, adding an estimated 2,000 jobs. Rendering courtesy CoStar Group Inc.

CoStar to purchase Australian property listings platform for $1.9B

Arlington County real estate data firm CoStar Group announced Friday it has signed a deal to acquire[...]

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

New Arlington hub to boost defense, energy startups

Virtus Innovation Center in Arlington will support 30+ startups in defense and energy, connecting th[...]

People

Lynchburg-based BWX Technologies has named Chief Accounting Officer Mike T. Fitzgerald as the interim CFO. Photo courtesy BWX Technologies

BWXT CFO steps down

12/5/2025

Karen Horn Welch. Photo courtesy University of Richmond

University of Richmond office hires CIO for endowment, assets

8/5/2025

Electra.aero announced that Max Ochoa has joined the company as chief financial officer. Photo Courtesy Electra.aero

Electra announces new CFO

6/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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