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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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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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Virginia 500 August 29, 2024

Government | Politics 2024: KHALID JONES

Following his appointment by Gov. Glenn Youngkin in April, Jones took the helm of the Virginia Lottery, an agency whose responsibilities continue to grow as the state embraces more forms of gambling. Besides overseeing traditional scratch and draw games, the state lottery has been charged with regulating casinos — legalized in Virginia through a 2020 […]

U.S. Sen. Tim Kaine, D-Virginia
Virginia 500 August 29, 2024

Government | Politics 2024: TIM KAINE

Labeled by supporters as “America’s Dad” for his level-headed, folksy and sometimes wonky demeanor, Democrat Kaine has been a fixture in Virginia politics since his 1994 election to Richmond City Council. From there, he became Richmond mayor, then Virginia’s lieutenant governor and governor. His 2006-10 term in the Executive Mansion was marked by both the […]

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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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