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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Education 2024: MARCIA CONSTON

Conston became TCC’s sixth president in January 2020, just before the pandemic. Laser-focused on ensuring student success despite the daunting challenge, she guided the college forward with a strategic plan — Innovate 2026 — and a vision “to be the community’s first choice for education, opportunity, partnership and innovation.” The second largest college in the Virginia […]

Virginia 500 August 29, 2024

2024 Virginia 500: Retail | Wholesale | Food | Beverage

ROBERT A. ‘BOB’ ARCHER CHAIRMAN, BLUE RIDGE BEVERAGE, SALEM     ELIZABETH ‘LIZA’ MYERS BORCHES PRESIDENT AND CEO, CARTER MYERS AUTOMOTIVE, CHARLOTTESVILLE     YOUNG CHOI PRESIDENT AND CEO, STARKIST, RESTON     REID A. BROWN PRESIDENT, BROWN DISTRIBUTING, RICHMOND MICHAEL DAVIS CEO AND PRESIDENT, CORT BUSINESS SERVICES, CHANTILLY     RICK DREILING CHA[...]

Transportation 2023: CHARLES W. McDANIEL
Virginia 500 August 29, 2024

Transportation 2024: CHARLES W. McDANIEL

McDaniel is Hilldrup’s fourth president since the Fredericksburg-based moving, storage and logistics company was founded in 1903. The McDaniel family has owned the company since 1940. McDaniel also chairs the board for UniGroup, the Missouri-based parent company of United Van Lines and Mayflower Transit. McDaniel has grown the company since starting his current position, generating […]

Leadership: The Virginia Power 50 List
Virginia 500 August 29, 2024

Banking | Finance 2024: RICHARD FAIRBANK

After earning an economics degree and an MBA from Stanford University over a decade, Fairbank landed at Virginia’s Signet Bank, where he co-created the business that became Capital One, the Fortune Global 500 credit card giant. Fairbank became CEO in 1994 during Capital One’s initial public offering. In 2023, the bank reported $36.8 billion in […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: JAFFRAY WOODRIFF

In April, the University of Virginia opened the School of Data Science building, which was built using a portion of a $120 million gift in 2019 from the Quantitative Foundation, the family foundation of Woodriff and his wife, Merrill, who are both alumni. The donation remains the largest in U.Va.’s history. Woodriff started studying baseball […]

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Virginia 500 August 29, 2024

Hospitality | Tourism 2024: THOMAS J. BALTIMORE JR.

After completing major renovation projects at several properties in 2023, Park Hotels & Resorts reported higher first-quarter 2024 revenue per available room and occupancy compared to the same period in 2023. The company reported almost $2.69 billion in 2023 revenues, up from $2.5 billion in 2022. Park Hotels & Resorts also moved up 30 places […]

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Virginia 500 August 29, 2024

Government | Politics 2024: LUKE TORIAN

As chair of the House Appropriations Committee, Torian oversees the creation of the single biggest piece of legislation his chamber passes every year: the budget. Difficult in the best of times, the budget process in recent years has been complicated by divided state government. In 2023, with Republicans in control of the House of Delegates […]

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Virginia 500 August 29, 2024

Health Care 2024: AMY SAMPSON

For more than a year, Sampson has led the Children’s Hospital of The King’s Daughters, where she oversees 4,000 employees, but she has worked for the pediatric health system for nearly 35 years. Established in 1961, CHKD offers special units for neonatal and pediatric intensive care, cancer care, acute inpatient rehabilitation, medical and surgical care, […]

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Virginia 500 August 29, 2024

Insurance 2024: MONICA SCHMUDE

Schmude doesn’t hesitate to tussle with health care executives.  In April, Chesapeake Regional Healthcare distributed a statement complaining that Anthem Blue Cross and Blue Shield had paid the hospital 25% less than other hospitals in Hampton Roads. By the next month, Schmude had fired off an editorial to The Virginian-Pilot, pointing out that Chesapeake Regional […]

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Virginia 500 August 29, 2024

Law 2024: COURTNEY MOATES PAULK

Paulk has led Hirschler since 2018, when she became the first female president of the now-78-year-old firm, which has more than 90 attorneys in offices in Fredericksburg, Richmond and Tysons, and is the state’s seventh largest law firm. Paulk also heads Hirschler’s litigation section.  After graduating from Mary Washington College (now the University of Mary […]

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Top Stories

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

President Donald Trump talks to workers as he tours U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson)

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s se[...]

Presenting the 2025 Virginia C-Suite Awards

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual For[...]

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

People

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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