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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Finance | Insurance 2023: THOMAS J. McINERNEY
Virginia 500 August 29, 2024

Insurance 2024: THOMAS J. McINERNEY

McInerney has led Genworth Financial, which offers mortgage and long-term care insurance products, since 2013. Genworth posted 2023 revenue of about $7.5 billion, flat from the previous year. Enact, Genworth’s private mortgage insurance subsidiary, had what McInerney described as an “outstanding year,” delivering an adjusted operating income of $552 million. The life and annuities segment, [[...]

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Virginia 500 August 29, 2024

Nonprofits | Philanthropy 2024: M. SANJAYAN

Time magazine named Sanjayan to its inaugural Time100 Climate list in November 2023, recognizing the climate scientist and nonprofit executive as one of the most innovative leaders driving businesses to act on climate change. The magazine praised his skills as a science communicator who has helped Conservation International form important partnerships, such as the Restore […]

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Top FIve August 29, 2024

Top Five September 2024

The five most popular daily news stories on VirginiaBusiness.com from July 15 to Aug. 15 included news of Liberty University and Jerry Falwell Jr. resolving their legal disputes. 1   |   Liberty, Falwell Jr. reach global settlement Liberty University and its former president and chancellor, Jerry Falwell Jr., reached a global resolution agreement settling […]

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Virginia 500 August 29, 2024

Real Estate 2024: BOB CLARK

A childhood passion for taking things apart, putting them back together and figuring out how they worked led Clark to Virginia Military Institute for a degree in mechanical engineering. With an MBA from William & Mary, Clark started as a mechanical engineer at Newport News Shipbuilding and served as an Air Force officer for five […]

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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 […]

Retail | Wholesale | Food | Beverage 2023: WILLIAM W. ‘BILL’ LOVETTE
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, […]

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Top Stories

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[...]

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U.Va. president resigns under pressure from DOJ

University of Virginia President Jim Ryan has resigned, saying he can't fight the federal government[...]

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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