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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Law 2023: JOHN ‘JACK’ LAVOIE
Virginia 500 August 29, 2024

Law 2024: JOHN ‘JACK’ LAVOIE

Joining Cooley in 2008, Lavoie leads the firm’s real estate practice group. His practice centers on real estate transactions, including buying, selling, developing and leasing office, industrial and retail properties. Lavoie represents landlords, tenants, lenders and borrowers in the leasing, financing and repositioning of commercial property in the Washington, D.C, area and the mid-Atlantic reg[...]

Law 2023: A. BENJAMIN SPENCER
Virginia 500 August 29, 2024

Law 2024: A. BENJAMIN SPENCER

James Randolph Spencer was the first Black federal judge in Virginia and, later, the first Black chief judge serving on the Eastern District of Virginia bench. His wife, Margaret P. Spencer, was a 13th Judicial Circuit judge for 16 years, as well as a law professor at William & Mary.  Their son Benjamin Spencer is […]

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Virginia 500 August 29, 2024

Real Estate 2024: BYRON L. BOSTON

Dynex Capital, a real estate investment trust, reported about $6.37 billion in total assets at the end of last year, compared with about $3.61 billion in 2022, with a strong fourth quarter capping a volatile year for REITs because of inflation and high interest rates. A St. Louis native, Boston joined Dynex in 2008 as […]

Real Estate 2023: MILES LEON
Virginia 500 August 29, 2024

Real Estate 2024: MILES LEON

As leader of one of the largest real estate development companies in the Southeastern United States, Leon is responsible for all company operations and new business development. Founded in 1906, the firm has a property management portfolio exceeding 30,000 multifamily units. Among other deals, the company is handling Texas convenience store chain Buc-ee’s expansion into the commonwealth, [&hel[...]

Retail | Wholesale | Food | Beverage 2023: GEOFFREY POHANKA
Virginia 500 August 29, 2024

Retail 2024: GEOFFREY POHANKA

Pohanka’s family has been selling cars since Frank Pohanka opened a Washington, D.C., dealership in 1919. Today, the family’s business, headed by Frank’s grandson Geoffrey, has 20 locations in Virginia, Maryland and Texas, and is the third largest Virginia-based auto dealership. It had revenue of $1.8 billion and more than 1,400 employees in 2023. Geoffrey’s […]

Transportation 2023: RANDY CLARKE
Virginia 500 August 29, 2024

Transportation 2024: RANDY CLARKE

Clarke took leadership of WMATA in 2022 and since has been working to increase ridership and add fleets to the Metrorail and Metrobus. One of the transportation system’s biggest challenges has been its budget, with ridership way down from the pandemic and construction costs up during recent inflation. However, Metro avoided a $750 million shortfall […]

The Power 50
News August 29, 2024

Living Legends 2024: JIM McGLOTHLIN

McGlothlin’s story begins in Grundy, where he practiced law as a partner at the firm of Street, Street & McGlothlin until 1970. That year, he became founding partner of United Coal Co., which became a billion-dollar business by the time it was sold in 2009 to a Ukrainian billionaire’s company. The William & Mary alumnus […]

Finance | Insurance 2023: JEFF BENTLEY
Virginia 500 August 29, 2024

Banking | Finance 2024: JEFF BENTLEY

In September 2023, the Washington Commanders announced a multiyear partnership with Northwest Federal, making it the official credit union of the team and, for a few months, former Commanders quarterback Sam Howell was NWFCU’s spokesperson before being traded to the Seattle Seahawks. Bentley has more than three decades of experience in consumer and commercial lending. […]

Federal Contractors/Technology: GARY J. SHAPIRO 
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: GARY J. SHAPIRO

Lawyer, author and lobbyist Shapiro is the longtime leader of the Consumer Technology Association, a trade organization representing more than 1,300 consumer technology companies. CTA owns and produces CES, the world’s largest consumer technology trade show, which has been held in Las Vegas since 1978. With more than three decades at CTA’s helm, Shapiro has […]

Federal Contractors | Technology 2023: JOHN USTICA
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: JOHN USTICA

Before being named president and CEO in October 2022 of Siemens Government Technologies, the U.S. contracting arm of German tech conglomerate Siemens, Ustica served as its senior vice president and chief financial officer. Now, he oversees a government contracting firm focused on securing and modernizing technology infrastructure. Before joining SGT in 2018, Ustica was a […]

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Top Stories

A rendering of Commonwealth Fusion Systems' planned facility in Chesterfield County. Image courtesy CFS.

Chesterfield planners approve $2.5B+ nuclear fusion plant

The Chesterfield County Planning Commission unanimously recommended approving a permit Commonwealth [...]

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U.S. Department of Education finds GMU violated civil rights law

George Mason University has been found in violation of civil rights law, the U.S. Department of Educ[...]

Jefferson Lab seeks voluntary 7% workforce reduction

Jefferson Lab seeks voluntary 7% workforce reduction

Jefferson Lab Director Jens Dilling confirmed Thursday that the lab wants 7% of its workforce to agr[...]

Ex-Virginia House Speaker Gilbert resigns as U.S. attorney after 1 month

Ex-Virginia House Speaker Gilbert resigns as U.S. attorney after 1 month

Former speaker of the House of Delegates resigned after a little more than a month as U.S. attorney [...]

Aaron Noble, Virginia Tech professor and department head, (left) and Francisco Haussmann, project superintendent for Aclara Resources, in the Virginia Tech lab Aug. 14, 2025. Photo by Natalee Waters

Mining company partners with Virginia Tech on rare earths plant

Aclara plans to invest $10 million on rare earths separation pilot plant at Virginia Tech to boost U[...]

Mary Washington Healthcare, UMW plan to launch medical school

Mary Washington Healthcare, UMW plan to launch medical school

Mary Washington Healthcare is planning to partner with the University of Mary Washington to launch a[...]

People

Peraton taps new chief growth officer

Peraton taps new chief growth officer

11/8/2025

Thalhimer taps new commercial property services leader

Thalhimer taps new commercial property services leader

5/8/2025

Dollar Tree promotes new chief legal officer

Dollar Tree promotes new chief legal officer

31/7/2025

Regions

Salem manufacturers plan expansions

Salem manufacturers plan expansions

Three advanced manufacturing operations with roots in Salem recently revealed plans to expand facili[...]

Port of Virginia nears finish of $450M dredging project

Port of Virginia nears finish of $450M dredging project

Seven years after the Port of Virginia launched a $450 million dredging project to become the deepes[...]

Trump coal policy changes could boost Southwest Virginia

Trump coal policy changes could boost Southwest Virginia

Southwest Virginia officials say President Donald Trump’s executive orders aimed at revitalizing t[...]

Transco pipeline to expand for Virginia power demand

Transco pipeline to expand for Virginia power demand

In May, Tulsa, Oklahoma-based energy company Williams announced an expansion of its Transcontinental[...]


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