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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Boeing defense unit announces leadership shifts, reorganization
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: THEODORE ‘TED’ COLBERT III

Colbert was named the head of Boeing’s defense, space and security sector in 2022. Colbert restructured the defense program, but Boeing is still years behind schedule on aircraft and tanker deliveries; his unit logged nearly $1 billion in losses in 2023 alone. In January, a Boeing official said that they plan to get the unit […]

Federal Contractors | Technology
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: STEPHEN TRUNDLE

Trundle has led Tysons-based home security tech company Alarm.com since May 2003, coming aboard from its founding parent company, MicroStrategy, where he served as chief technology officer. MicroStrategy sold the spinoff security business to investors in 2009, and Alarm.com, which now has 2,000 employees, went public in 2015. Alarm.com has become known for its rapid […]

Real Estate 2023: MAGGIE REED
Virginia 500 August 29, 2024

Real Estate 2024: MAGGIE REED

In April 2022, Gilbane Building tapped Reed to lead the business unit for its Richmond office. One of the construction company’s youngest vice presidents, she has managed over $1 billion in contracts during her career. She is responsible for driving sales and supervising more than 70 employees. In July, the Richmond Flying Squirrels selected Gilbane […]

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Virginia 500 August 29, 2024

Education 2024: TIMOTHY SANDS

Sands became the land-grant university’s 16th president in 2014 after serving as interim president at Purdue University. He signed a contract in August 2022 to stay on as president through the 2027 academic year. Sands has been leading development of Virginia Tech’s Innovation Campus, a $1 billion campus in Alexandria for graduate computer science and […]

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Virginia 500 August 29, 2024

Manufacturing 2024: ROBERT H. SPILMAN JR.

Spilman has led Bassett Furniture as CEO since 2000, also becoming the company’s board chairman in 2016. He has been with the home furniture manufacturer and seller for four decades and succeeded his father, Robert H. Spilman Sr., as CEO. The company, with almost 90 locations nationally, reported a 19.6% decrease in net sales for […]

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Virginia 500 August 29, 2024

Economic Development 2024: BARRY DuVAL

A former state secretary of commerce and trade, DuVal has led the Virginia Chamber of Commerce for 14 years, during which time the business advocacy organization has grown from around 1,000 members to more than 29,000. DuVal and the chamber recently released the Blueprint Virginia 2030 plan, a strategy for positioning the commonwealth to maintain […]

Hospitality | Tourism 2023: CHRISTY S. COLEMAN
Virginia 500 August 29, 2024

Hospitality | Tourism 2024: CHRISTY S. COLEMAN

As head of the foundation administering two museums of early American history, Coleman is at the forefront of educators weaving a nuanced and inclusive story of American history. She is the first woman and the first person of color to serve as executive director of the state agency that operates Jamestown Settlement and the American […]

Federal Contractors | Technology 2023: TOM WATSON
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: TOM WATSON

Watson became CEO of federal contractor Serco Inc. in September 2022, after four years as senior vice president of defense business at the North American subsidiary of British parent company Serco Group plc. He previously worked for Science Applications International Corp. for 22 years, including as senior vice president of SAIC’s Navy and Marine Corps […]

Health Care 2023: MAUREEN H. McBRIDE
Virginia 500 August 29, 2024

Health Care 2024: MAUREEN H. McBRIDE

Safe to say, it’s a stressful time to be the CEO of UNOS, the Richmond nonprofit that has managed the national Organ Procurement and Transplantation Network (OPTN) for more than four decades. In March, members of the House Committee on Energy and Commerce — among them U.S. Rep. Morgan Griffith, R-Christiansburg — launched a bipartisan […]

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Virginia 500 August 29, 2024

Education 2024: LT. GEN. DARRELL K. WILLIAMS (U.S. ARMY, RET.)

Williams served more than 37 years in the U.S. military and in 2022 became president of Hampton University, a private, historically Black university founded in 1868 — and Williams’ alma mater. A retired Army lieutenant general, Williams was the first Black director of the Department of Defense’s Defense Logistics Agency, where he oversaw nine supply […]

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Top Stories

The University of Virginia Rotunda. Photo by Jay Paul

U.Va. continues presidential search, despite Spanberger’s call for pause

The University of Virginia's presidential search committee has continued its work in hiring a succes[...]

Lawmakers grapple with Virginia’s increasing energy demand

Virginia SCC approves Dominion gas plant in Chesterfield

Dominion Energy's $1.47 billion natural gas power plant in Chesterfield County received the Virginia[...]

Depositphotos

Amazon to invest $50B to expand federal AI, computing capacity

Amazon plans to invest up to $50 billion to expand artificial intelligence and supercomputing capaci[...]

Retail | Wholesale

Performance Food Group and US Foods terminate merger talks

Goochland County-based Fortune Global 500 company Performance Food Group and US Foods have scrapped [...]

Server room interior in datacenter. Depositphotos

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn You[...]

A Capital One sign in front of a glass-paneled building

FDIC files counterclaim against Capital One in special assessment case

This week the Federal Deposit Insurance Corp. filed a counterclaim against McLean-based bank Capital[...]

People

Brad Pelachyk, the new chief global supply chain officer for BAE Systems.

BAE Systems promotes VP to chief global supply chain officer

24/11/2025

Tara Y. Harrison is retiring as the chief financial officer of Charlottesville-based Virginia National Bank. Photo courtesy Virginia National Bank.

Virginia National Bank CFO to retire

20/11/2025

McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer. Photo courtesy Bogart Wealth

Bogart Wealth announces new COO

19/11/2025

Regions

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]

Roanoke remembers Hurricane Juan’s 1985 toll

Roanoke remembers Hurricane Juan’s 1985 toll

Forty years ago, remnants of Hurricane Juan dumped buckets of rain on the Roanoke Valley for days. T[...]

Newport News airport shifting beyond commercial flights

Newport News airport shifting beyond commercial flights

Following years of declining commercial air travel, the Newport News-Williamsburg Airport is expandi[...]


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