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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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, […]

Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: MATT TAIT

A U.S. Navy veteran, Tait joined government contractor ManTech International in 2018 as a division president before becoming its chief operating officer in 2020. Shortly after the company went private in a $4.2 billion sale to Carlyle Group, Tait became CEO and president in October 2022. Previously, Tait spent two decades at consulting firm Accenture. […]

Virginia 500 August 29, 2024

Health Care 2024: MICHAEL J. LUTES

Lutes started as Bon Secours Mercy Health’s Richmond market leader in 2022, not long after The New York Times exposed how the Ohio-based health system made as much as $100 million annually from Richmond Community Hospital through a federal medication discount program. While legal, the 340B overwhelmingly benefited Bon Secours hospitals in wealthier parts of […]

Virginia 500 August 29, 2024

Professional Services 2024: KATIE WALL

In May, Wall became Richmond market managing partner for Big Four accounting firm PricewaterhouseCoopers. In her role, Wall oversees approximately 175 employees and is part of a network of managing partners nationally and regionally who help PwC run its local businesses. Wall started her career at PwC in 2006 as an assurance director before making […]

Virginia 500 August 29, 2024

Retail 2024: JAMES GRAMM

In 1983, barely five years after graduating from high school in Alexandria, Gramm sold two new cars on his first day as a sales rep at a dealership in Vienna. “The retail automobile business has been in my blood ever since,” he says. Gramm worked in car sales in Virginia and Maryland, becoming vice president […]

Virginia 500 August 29, 2024

Hospitality | Tourism 2024: RITA McCLENNY

A Southampton County native, McClenny has been working to bring tourism and film productions to Virginia since 1991. She ran Virginia Film Office, a division of the Virginia Tourism Corp., for two decades before becoming president of the state agency in 2012. Tourism in Virginia generated $33.3 billion in visitor spending in 2023, with the […]

Virginia 500 August 29, 2024

Government | Politics 2024: L. LOUISE LUCAS

Since Gov. Glenn Youngkin’s election, Lucas has become the face of Virginia Democrats’ “blue brick wall” strategy to block Republican priorities in Richmond. Key to her public image is the state senator’s brash and outspoken presence on X, where she has more than 95,000 followers. Democrats’ success in the November elections and a reshuffling of […]

Virginia 500 August 29, 2024

Health Care 2024: DR. MICHAEL J. DACEY

Dacey has stayed busy since January 2023, when the Riverside Health System president added CEO to his title and responsibilities. Riverside has more than 9,500 employees and operates seven hospitals in Newport News, Williamsburg, Hampton, Yorktown, Gloucester and Onancock, as well as 110 medical offices in the region. In May, Dacey announced Riverside Health System […]

Virginia 500 August 29, 2024

Nonprofits | Philanthropy 2024: ANGELA F. WILLIAMS

President and CEO of United Way since 2021, Williams is the first Black woman to lead the organization. Previously, she was president and CEO of Easterseals and executive vice president at YMCA of the USA. United Way Worldwide and its four partners in the Power Forward Communities coalition received a $2 billion, seven-year National Clean […]

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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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