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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 segmen[...]

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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, […]

Retail/Wholesale: POUL WEIHRAUCH
Virginia 500 August 29, 2024

Retail 2024: CHARLES E. TYSON

Tyson has headed up the flooring company formerly known as Lumber Liquidators since 2020, the year after LL Flooring agreed to pay $33 million to settle federal securities fraud charges. He joined the company in 2018 as chief customer experience officer after spending nine years at Advance Auto Parts. Prospects looked bright early in his […]

Finance | Insurance 2023: SIMON R.B. HAMILTON
Virginia 500 August 29, 2024

Banking | Finance 2024: SIMON R.B. HAMILTON

A financial adviser for close to three decades, Hamilton still enjoys helping families achieve their financial goals. After joining the Wise Investor Group in 2007, he now leads its portfolio management department. Hamilton also co-hosts “The Wise Investor Show” podcast. On a June episode, Hamilton pointed out to listeners that the number of stocks doing […]

Federal Contractors | Technology 2023: REGGIE AGGARWAL
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: REGGIE AGGARWAL

Originally a lawyer, Aggarwal got into the events business after planning hundreds of events as president of the Indian CEO Network. This led Aggarwal in 1999 to found Cvent, a market-leading meetings, events and hospitality technology provider based in McLean. Cvent has grown to employ more than 4,800 workers serving some 22,00 customers worldwide. The […]

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Top Stories

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia'[...]

The University of Virginia Rotunda. Photo by Jay Paul

3 U.Va. board members resign at Spanberger’s request

The New York Times reported Friday evening that three University of Virginia board members have resi[...]

An offshore wind turbine. A boat sits in the background.

Federal court grants Dominion injunction, allowing offshore wind construction to proceed

Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resum[...]

Depositphotos

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and mo[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

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[...]

People

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

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

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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