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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Leon_Miles
Virginia 500 August 29, 2024

Real Estate 2024: MILES LEON

As leader of one of the largest real estate development companies in the Southeastern United States, Leon is responsible for all company operations and new business development. Founded in 1906, the firm has a property management portfolio exceeding 30,000 multifamily units. Among other deals, the company is handling Texas convenience store chain Buc-ee’s expansion into the commonwealth, [[...]

Pohanka_Geoffrey
Virginia 500 August 29, 2024

Retail 2024: GEOFFREY POHANKA

Pohanka’s family has been selling cars since Frank Pohanka opened a Washington, D.C., dealership in 1919. Today, the family’s business, headed by Frank’s grandson Geoffrey, has 20 locations in Virginia, Maryland and Texas, and is the third largest Virginia-based auto dealership. It had revenue of $1.8 billion and more than 1,400 employees in 2023. Geoffrey’s […]

Clarke_Randy
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 […]

Virginia Business McGlothlin
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 […]

Bentley_Jeff
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. […]

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 […]

Ustica_John
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 […]

McInerney_Tom
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[...]

Sanjayan_M
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 […]

VIMS 1_WEB
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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Top Stories

Virginia Gov. Glenn Youngkin speaks at a Sept. 16, 2025, news conference announcing a $5 billion Eli Lilly pharmaceutical manufacturing plant for Goochland County. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technolo[...]

Tatia Daniels Granger. Photo courtesy Averett University

Averett University names next president, its fourth in 18 months

Tatia Daniels Granger becomes Averett University's fourth president in 18 months as the Danville sch[...]

KevinMurphy_500Web

Ferguson planning $1.6B acquisition of Texas valve distributor

Ferguson Enterprises announced that it has agreed to acquire FloWorks for $1.6 billion from private[...]

Michael LaRouche. Photo courtesy Serco

Serco CEO is leaving to lead KBR spinoff

Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Tec[...]

At the Norfolk International Terminals, four ultra-large container vessel berths are in operation. Photo courtesy Port of Virginia

Virginia ranks No. 3 in CNBC Top States for Business list

Virginia is ranked third in the annual CNBC Top States for Business list, up one spot from last year[...]

Server room interior in datacenter. Depositphotos

Prince William supervisors reject another big data center project

The Prince William County Board of Supervisors on Tuesday night rejected a comprehensive plan amendm[...]

People

Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026

Diana Cantor. Photo courtesy VCU Health

Richmond-area attorney is first elected chair of VCU Health

15/7/2026

Robin-Rossmann

CoStar taps European managing director as next CFO

15/7/2026

Regions

Newport News, Virginia Tech and state officials on April 22 hold a ribbon cutting to celebrate SEFC’s opening. Photo by Josh Janney/Virginia Business

Energy tech hub opens in Newport News

The Secure Energy Future Center backed by Virginia Tech opens in Newport News with $2.7 million fund[...]

The new Volvo VNR 300 was introduced in February. Photo courtesy Volvo Trucks North America

Volvo Trucks’ Dublin plant rolls out regional hauler

Volvo Trucks North America’s Dublin plant has begun production of the new VNR regional hauler, boo[...]

Tenaska, a Nebraska energy company, hopes to build a battery energy storage project near Leesburg. Photo by Alamy

$750M battery storage project eyed in Loudoun

Energy company Tenaska is seeking approval for a $750 million, 425-megawatt battery energy storage p[...]

A rendering of Virginia Technology Park, a data center campus proposed in Frederick County Image courtesy Frederick County

Valley communities prepare for data centers

As interest in data centers grows across Virginia, Shenandoah Valley communities are debating how to[...]


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