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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Arts/Entertainment/Sports: KEVIN LEMBKE
Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: KEVIN W. LEMBKE

Set on a new track and fully restored, the famous Loch Ness Monster roller coaster roared back into action in May for its 46th year of operation. According to Busch Gardens Williamsburg, Nessie was the world’s first interlocking loop coaster. In addition to the Loch Ness coaster’s reopening, the park launched a new event, “Summer […]

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Virginia 500 August 29, 2024

Media 2024: JIM VANDEHEI

VandeHei co-founded Axios in 2016; it launched in 2017. Five years later, Atlanta-based Cox Enterprises acquired it for a reported $525 million. However, VandeHei remains at the helm as CEO. Communications software business Axios HQ became an independent company. A University of Wisconsin Oshkosh alumnus, VandeHei began on his entrepreneurial journey after spending time as […]

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Virginia 500 August 29, 2024

Hospitality | Tourism 2024: JUSTIN G. KNIGHT

As CEO of Apple Hospitality, a publicly traded real estate investment trust, Knight oversees more than 220 hotels, mainly Hilton and Marriott brands, in 37 states and Washington, D.C. He joined the company in 2000 and took over from his father, founder Glade Knight, in 2014. The elder Knight serves as executive chairman of the […]

Thompson
Virginia 500 August 29, 2024

Hospitality | Tourism 2024: BRUCE L. THOMPSON

One of Hampton Roads’ most prominent developers and hoteliers, Norfolk native Thompson is best known for developing the Cavalier Resort, which includes the restored historic Cavalier Hotel as well as two new hotels, restaurants and residences on 21 acres at the Virginia Beach Oceanfront. The $435 million project is the culmination of nearly four decades […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: CHRISTOPHER T. CALIO

In May, Calio became president and CEO of Fortune Global 500 aerospace and defense contractor RTX. Previously known as Raytheon Technologies, the company moved its headquarters to Arlington in 2022 and rebranded in 2023. At RTX, Calio, who previously served as chief operating officer, leads 185,000 employees. Calio also was president of RTX subsidiary Pratt […]

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Virginia 500 August 29, 2024

Professional Services 2024: LAURA SPROUSE

In June, Sprouse was named CEO of Brown Edwards, the accounting firm where she has spent more than 25 years of her career. She succeeds Jason Hartman, who retired after 38 years.  Sprouse’s expertise focuses on accounting information system services. She has a bachelor’s degree in accounting, finance and decision support systems from Ferrum College […]

Real Estate 2023: MATTHEW ‘MATT’ GANNON
Virginia 500 August 29, 2024

Real Estate 2024: MATTHEW GANNON

Gannon joined Colliers International as executive managing director and Washington, D.C., market leader in 2019, taking on responsibility for the strategic direction and performance of the firm’s offices in Washington, D.C., Northern Virginia and Maryland. He had spent the previous five years at Paramount Group, leading leasing efforts for the company’s greater Washington office portfolio. [&h[...]

Agriculture 2023: JOHN KING
Virginia 500 August 29, 2024

Agriculture 2024: JOHN KING

After multinational food company Pilgrim’s Pride announced it was closing a Hinton poultry processing plant in 2004 — constituting a major hit to the local economy — Shenandoah Valley turkey growers formed the Virginia Poultry Growers Cooperative. The co-op employs roughly 500 people and has nearly 200 grower members; 100% of VPGC’s profits go back to […]

Finance | Insurance 2023: JOSEPH W. ‘JOE’ MONTGOMERY
Virginia 500 August 29, 2024

Banking | Finance 2024: JOSEPH W. ‘JOE’ MONTGOMERY

Montgomery went to work at an investment firm in December 1975 — meaning he’s enjoying his 49th year in the industry. Montgomery credits the power of relationships and his alma mater, William & Mary, for his career success. “The trajectory of my life was determined, really, by lining up where I went to school,” he […]

Federal Contractors | Technology
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: TERRY RYAN

With more than 20 years of executive experience in the federal technical services market, Ryan was named CEO of global risk management firm Constellis Holdings in 2021, having previously served as its lead director. Before coming to Constellis, Ryan was CEO of Adroit Systems, VT Group and Tenax Aerospace. He also held senior executive positions […]

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Top Stories

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

President Donald Trump talks to workers as he tours U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson)

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s se[...]

Presenting the 2025 Virginia C-Suite Awards

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual For[...]

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

People

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

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

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 and the nation

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

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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