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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Transportation 2024: REAR ADM. CARL A. LAHTI

In July, Lahti succeeded Navy Rear Adm. Wesley McCall as commander of the Navy Region Mid-Atlantic, a group of 13 installations from Illinois to North Carolina, including Naval Station Norfolk. A U.S. Naval Academy graduate who most recently was commander of the U.S. Naval Forces Japan/Navy Region Japan, Lahti has studied alternative energy strategies for […]

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Virginia 500 August 29, 2024

Retail 2024: WATT R. FOSTER JR.

In 1989, Foster bought Foster Fuels from his father, the late Watt R. “Bobby” Foster Sr. The younger Foster marks the third generation to run the family business, which was founded in 1921. With about 240 employees, the company in fiscal 2023 had $215 million in revenue. Foster held the titles of CEO and president […]

Finance | Insurance 2023: STEPHAN Q. CASSADAY
Virginia 500 August 29, 2024

Banking | Finance 2024: STEPHAN Q. CASSADAY

Since Cassaday founded his Northern Virginia firm in 1993, it has grown from $40 million in assets under management to $5.5 billion. Today, Cassaday & Co. has 86 employees who work with more than 3,000 investors. The firm is ranked No. 42 on Barron’s Top 250 Private Wealth Management Teams list for 2024.  A Radford […]

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Virginia 500 August 29, 2024

Hospitality | Tourism 2024: ALLIE EVANGELISTA

A native of Brazil, Evangelista had 20-plus years of experience in hospitality and gaming around the United States before leaving Penn National Gaming operations to join the Hard Rock Hotel & Casino Bristol in early 2022. Hard Rock opened a temporary casino in Bristol in July 2022, with plans to open the approximately $515 million […]

The 2024 Virginia Black Business Leaders Awards
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: SHAWN PURVIS

President and CEO of security and defense contractor QinetiQ US since February 2022, Purvis previously worked at Northrop Grumman, where she was enterprise services sector president and a corporate vice president. Prior to joining Northrop Grumman in 2012, Purvis worked for Science Applications International Corp. (SAIC), where she was senior vice president of its intelligence […]

Law 2023: THOMAS C. INGLIMA
Virginia 500 August 29, 2024

Law 2024: THOMAS C. INGLIMA

Inglima has been at Willcox & Savage for more than a quarter of a century. In 2021, he was named managing partner of the firm.  Inglima’s practice centers around mergers and acquisitions, venture capital and securities transactions, intellectual property, licensing and technology transfers, and general corporate work, including advising executives about corporate governance. After beginning[...]

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Virginia 500 August 29, 2024

Law 2024: MICHAEL M. YORK

Formerly a Pulitzer Prize-winning investigative reporter who covered federal courts for The Washington Post, York became an attorney in 1994 and started his own firm focused on corporate litigation and white-collar criminal cases. He became president of the state bar July 1, starting his one-year term after serving on the bar’s council and executive committee […]

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Virginia 500 August 29, 2024

Nonprofits | Philanthropy 2024: KERRY ALYS ROBINSON

Robinson, who assumed her role in August 2023, is only the second layperson and second woman to lead the domestic humanitarian work branch of the Catholic Church in the United States. She followed Sister Donna Markham’s eight-year tenure. A member of the Leadership Roundtable — a network of lay people and Catholic clergy that supports  […]

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Virginia 500 August 29, 2024

Education 2024: KARL McDONNELL

Focused on primarily online learning for working adults, Strategic Education was formed in 2018 through the $2 billion merger of Strayer Education and Capella Education. The education services holding company owns for-profit Strayer and Capella universities and other entities. McDonnell previously was president and CEO of Strayer, which he joined in 2006, serving as chief […]

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Virginia 500 August 29, 2024

Retail 2024: YOUNG CHOI

Choi was announced as the new leader of StarKist in December 2023, replacing Chae-Ung Um, who had been in the role for about a year and left to “pursue new professional opportunities,” according to a company news release. Choi starts the new position just as South Korea’s Dongwon F&B, also a subsidiary of StarKist parent […]

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Top Stories

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

TowneBank in Chesterfield County. Photo by Kira Jenkins

TowneBank completes $476M acquisition of Dogwood State Bank

Suffolk-based TowneBank announced Monday that it has completed its $476 million acquisition of North[...]

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Virginia Supreme Court orders new trial in $2B Appian-Pega case

The Virginia Supreme Court ordered a new trial in a $2 billion trade secrets lawsuit involving McLea[...]

Four ship-to-shore container cranes the Port of Virginia put into service at Virginia International Gateway in April 2025. The port will complete its $450 million dredging project next month, delivering the deepest shipping channels on the East Coast. Photo courtesy Virginia Port Authority

Port of Virginia to complete $450M dredging project in February

The Port of Virginia will complete its $450 million dredging project next month, delivering the deep[...]

Defense Secretary Pete Hegseth speaks to an audience at Newport News Shipbuilding on Jan. 5, 2026, part of his "Arsenal of Freedom" industry tour. Photo by Josh Janney

In Newport News speech, Hegseth calls for faster delivery of warships

Secretary of Defense Pete Hegseth calls for faster delivery, tighter cost discipline in Newport News[...]

Gov.-elect Abigail Spanberger, photographed at the Virginia Museum of History & Culture, won Virginia’s governorship by a 15-point margin in the November 2025 election, leading a blue wave. Photo by Jay Paul

Spanberger talks economic priorities in exclusive Q&A

Virginia Gov.-elect Abigail Spanberger outlines her priorities on affordability, housing, federal fu[...]

People

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Real Estate Information Network's new president John Chandler. Photo courtesy REIN

REIN announces 2026 board of directors

12/1/2026

Marshall French, new president of Sauer Properties.

Sauer Properties taps new president

9/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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