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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Banking | Finance 2024: WAYNE F. WILBANKS

Wilbanks developed an interest in stocks and bonds at the age of 14. As a 16-year-old, he formed an investment partnership with other students. “I was hooked,” Wilbanks wrote on a Virginia Business survey. A graduate of Duke, Wilbanks co-founded Norfolk’s Wilbanks Smith & Thomas Asset Management in 1990, serving as the firm’s managing principal […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: SCOTT McINTYRE

McIntyre was retained as chairman and CEO after Guidehouse, a federal contractor and global provider of technology and consulting services, was acquired by a Bain Capital Private Equity affiliate for $5.3 billion in December 2023. Guidehouse had been owned by Veritas Capital since 2018. Employing more than 17,000 people in 55 locations across the globe, […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: STU SHEA

EDITOR’S NOTE: Shortly after the 2024-25 Virginia 500 was released, Shea announced he would step down as of Sept. 9. He is being succeeded by Steve Schorer, former CEO of Alion Science and Technology. Shea has been a fixture in the national security industry for decades. Since taking the helm when it was formed in […]

Real Estate 2023: DONALD E. STONE JR.
Virginia 500 August 29, 2024

Real Estate 2024: DONALD E. STONE JR.

Bringing more than 25 years of engineering and architecture industry experience, including 10 years of corporate operational leadership, Stone joined Dewberry in 2008 as the company’s chief operating officer. In 2010, he became CEO. Stone came to Dewberry from O’Brien & Gere, where he held several corporate leadership positions. Dewberry has more than 2,500 employees […]

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Virginia 500 August 29, 2024

Education 2024: MICHAEL RAO

It’s been a bumpy year for Rao and VCU, first with an ongoing dispute over VCU Health paying $73 million to exit a redevelopment project, followed in the spring by demands from some students for Rao’s removal following a violent clash between VCU police and pro-Palestinian protesters. Former Gov. Doug Wilder called for Rao, who […]

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Virginia 500 August 29, 2024

Transportation 2024: JERROLD ‘JERRY’ MILLER

Founder of The Miller Group, the developer for Fairwinds Landing, Miller is guiding the development of the 111-acre project at Norfolk Southern’s Lambert’s Point Docks in Norfolk. The $500 million development will transform the former docks into a marine logistics center supporting the growth of offshore wind, shipbuilding and intermodal transportation.  The 31,167-square-foot operations and [...]

Manufacturing 2023: WILLIAM ‘BILLY’ GIFFORD JR.
Virginia 500 August 29, 2024

Manufacturing 2024: WILLIAM F. ‘BILLY’ GIFFORD JR.

Joining the company at its subsidiary Philip Morris USA in 1994, Gifford became CEO of Fortune 500 tobacco products manufacturer Altria Group in 2020. He has held various executive posts at Altria for nearly three decades. Among Altria’s operating companies, in addition to Philip Morris USA, are U.S. Smokeless Tobacco, John Middleton, Helix Innovations and […]

Finance | Insurance 2023: CECILIA A. HODGES
Virginia 500 August 29, 2024

Banking | Finance 2024: CECILIA A. HODGES

Hodges has worked in the banking industry for more than 37 years.  Leading the greater Washington, D.C., and Virginia regions since 2018, Hodges manages teams in more than 60 branches, and she’s also well known for her community service, including for the Washington, D.C.-area Easterseals chapter and Women Giving Back, which supports women and children […]

Leadership: On the move
Virginia 500 August 29, 2024

Banking | Finance 2024: TYRONE NOEL

Noel became president of Bank of America’s Hampton Roads market in September 2023, replacing Frank Castellanos, who is the Merrill market executive for the greater Washington, D.C., area. In this role, Noel leads 500 employees across eight business lines and oversees the bank’s efforts to grow “by fostering local connections and identifying opportunities to grow […]

Virginia 500 August 29, 2024

2024 Virginia 500: Media

JON CARPENTER CEO, COMSCORE, RESTON     DOUG DAVIS SENIOR VICE PRESIDENT/REGIONAL MANAGER, NEXSTAR BROADCASTING, PORTSMOUTH     JOSH EASTRIGHT CEO, BLOOMBERG INDUSTRY GROUP, ARLINGTON COUNTY     PAULA A. KERGER PRESIDENT AND CEO, PUBLIC BROADCASTING SERVICE, ARLINGTON COUNTY     TIMOTHY J. O’SHAUGHNESSY PRESIDENT AND CEO, GRAHAM HOLDINGS, ARLINGTON COUNTY [...]

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Top Stories

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of [...]

Bryan H. Fairbanks will retire after nearly 23 years with Trex. Photo courtesy Trex

Trex CEO Bryan Fairbanks to retire in April

Trex Co. announced Tuesday that President and CEO Bryan H. Fairbanks will retire April 28 after near[...]

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs i[...]

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,0[...]

Hampton logistics company closes, laying off 63

AOL to lay off 108 tied to Reston office

AOL plans 108 layoffs linked to its Reston office as Bending Spoons completes its acquisition of the[...]

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism o[...]

People

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Dr. Reid Adams. Photo courtesy UVA Health.

UVA Health promotes inaugural chief medical officer

24/2/2026

Atlantic Union Bankshares new CFO Alexander Dodd

Atlantic Union Bankshares appoints new CFO

24/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming rea[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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