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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Transportation 2023: RANDY CLARKE
Virginia 500 August 29, 2024

Transportation 2024: RANDY CLARKE

Clarke took leadership of WMATA in 2022 and since has been working to increase ridership and add fleets to the Metrorail and Metrobus. One of the transportation system’s biggest challenges has been its budget, with ridership way down from the pandemic and construction costs up during recent inflation. However, Metro avoided a $750 million shortfall […]

The Power 50
News August 29, 2024

Living Legends 2024: JIM McGLOTHLIN

McGlothlin’s story begins in Grundy, where he practiced law as a partner at the firm of Street, Street & McGlothlin until 1970. That year, he became founding partner of United Coal Co., which became a billion-dollar business by the time it was sold in 2009 to a Ukrainian billionaire’s company. The William & Mary alumnus […]

Finance | Insurance 2023: JEFF BENTLEY
Virginia 500 August 29, 2024

Banking | Finance 2024: JEFF BENTLEY

In September 2023, the Washington Commanders announced a multiyear partnership with Northwest Federal, making it the official credit union of the team and, for a few months, former Commanders quarterback Sam Howell was NWFCU’s spokesperson before being traded to the Seattle Seahawks. Bentley has more than three decades of experience in consumer and commercial lending. […]

Federal Contractors/Technology: GARY J. SHAPIRO 
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: GARY J. SHAPIRO

Lawyer, author and lobbyist Shapiro is the longtime leader of the Consumer Technology Association, a trade organization representing more than 1,300 consumer technology companies. CTA owns and produces CES, the world’s largest consumer technology trade show, which has been held in Las Vegas since 1978. With more than three decades at CTA’s helm, Shapiro has […]

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 segment, [[...]

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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 […]

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Top Stories

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

John G. Rocovich Jr. talks with cadets during the Distinguished Alumni of the Corps award ceremony in 2025. Photo courtesy Virginia Tech

Rocovich sues Spanberger, seeks reinstatement on Virginia Tech board

Less than two weeks after being removed from the Virginia Tech's Board of Visitors, John Rocovich su[...]

Private schools’ graduation numbers remain stable

Trey Falwell sues Liberty for $1.75M

Jerry “Trey” Falwell III is suing Liberty University for $1.75 million, alleging the school brea[...]

People

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Hampden-Sydney College President Larry Stimpert. Photo courtesy Hampden-Sydney College

Hampden-Sydney president to retire next year

8/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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