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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Telecommunications 2023: MATTHEW J. DESCH
Virginia 500 August 29, 2024

Telecommunications 2024: MATTHEW J. DESCH

Desch joined Iridium as CEO in 2006, took the company public in 2009 and subsequently replaced its first-generation network with new satellites that are expected to last into the mid-to-late 2030s. Iridium has been inventing new services and finding new partners since. In April, the global satellite communications company acquired Reston-based Satelles, a provider of […]

Retail | Wholesale | Food | Beverage 2023: MICHAEL SEVER
Virginia 500 August 29, 2024

Retail 2024: MICHAEL SEVER

Sever, a longtime Hershey employee, was named plant manager of the candymaker’s Stuarts Draft manufacturing facility in 2022. He had previously been site operations leader at the facility, which produces nut-based candies like Reese’s Peanut Butter Cups and Almond Joy. The plant, which opened in 1982, is the second largest of Hershey’s seven manufacturing sites. […]

Transportation 2023: WILLIAM E. ‘BILL’ WOODHOUR
Virginia 500 August 29, 2024

Transportation 2024: WILLIAM E. ‘BILL’ WOODHOUR

A University of Delaware alumnus, Woodhour has devoted 32 years to Maersk Line, rising to president and CEO in 2016. Headquartered in Virginia with offices in Norfolk and Dulles, Maersk is the U.S. arm of Danish shipping giant A.P. Møller-Mærsk and has the largest U.S. flag fleet in commercial service. The company was in the […]

Manufacturing 2023: JON MOORE
Virginia 500 August 29, 2024

Manufacturing 2024: JON MOORE

Since 2019, Moore has served as president and CEO of tobacco products manufacturer Philip Morris USA, maker of Marlboro cigarettes. He has worked under parent company Altria Group since 2003, serving as vice president of its heated tobacco products division and director of marketing for NuMark, Altria’s early e-vapor subsidiary started in 2013. Today, he […]

Manufacturing 2023: ASHLEY B. SMITH
Virginia 500 August 29, 2024

Manufacturing 2024: JOHN M. STEITZ

In 2019, Steitz was named president and CEO of plastic films and aluminum extrusions manufacturer Tredegar, a 1989 spinoff of Richmond fuel additives company Ethyl. Steitz had served on Tredegar’s board of directors since 2017 while also serving as CEO of polymer additives supplier Addivant, which merged with SI Group in 2018. He was also […]

Manufacturing 2023: GREGORY TREPP
Virginia 500 August 29, 2024

Manufacturing 2024: GREGORY H. TREPP

Trepp had served as president and CEO at Hamilton Beach Brands since 2017. In February, he became CEO alone, as R. Scott Tidey was appointed company president, part of the appliance manufacturer’s succession plan. Tidey previously was senior vice president of global sales at subsidiary Hamilton Beach Brands Inc. Trepp joined Hamilton Beach in 1996 […]

Hospitality | Tourism 2023: CLYDE STACY
Virginia 500 August 29, 2024

Living Legends 2024: CLYDE STACY

Stacy, a former coal mining executive who headed Rapoca Energy, founded Par Ventures in 2000. In 2018, he purchased the vacant Bristol Mall for $2.6 million through Par Ventures and partnered with high school chum Jim McGlothlin to build Virginia’s first casino. Stacy and McGlothlin were instrumental in changing state gambling laws to allow casinos […]

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Virginia 500 August 29, 2024

Government | Politics 2024: GLENN YOUNGKIN

Youngkin’s victory in the 2021 gubernatorial race catapulted the former co-CEO of the Carlyle Group into the national spotlight. Politicos quickly seized on the affable businessman as a potential alternative to Donald Trump as the 2024 Republican presidential candidate, a possibility Youngkin neither openly embraced nor disavowed. But any hopes he may have had of […]

Virginia 500 August 29, 2024

Law 2024: VICTOR O. CARDWELL

A native of Lynchburg, Cardwell was chair of the board of directors of Roanoke law firm Woods Rogers in 2022, a position he held onto after the merger of his firm and Norfolk’s Vandeventer Black that year. Cardwell, who became the first Black president of the Virginia Bar Association in 2022, continues as a leader […]

Finance | Insurance 2023: VICTOR K. BRANCH
Virginia 500 August 29, 2024

Banking | Finance 2024: VICTOR K. BRANCH

This year, Branch celebrates his 40th year at Bank of America. Since 2015, he has served as president of the bank’s Richmond market. He’s also chair of the Virginia Bankers Association board, which approved a merger with the Maryland Bankers Association to create the Mid-Atlantic Bankers Association holding company in July. A William & Mary […]

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Top Stories

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head Provisions reopened its Jarratt meat plant Monday, roughly a year and a half after clo[...]

Gov. Abigail Spanberger speaks during the InternshipsVA event Feb. 4, 2026, at the Omni Hotel Richmond. Photo courtesy Virginia Economic Development Partnership

State commits $14.5M yearly for new paid internship program

Virginia political, higher education and economic development leaders announced InternshipsVA, a new[...]

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google could spend $3B building Botetourt data centers

State documents reveal Google’s plan for a data center campus in Botetourt County that could cost [...]

Leadership: The Virginia Power 50 List

Henrico-based Arko launches IPO of petroleum subsidiary, seeks up to $910M

Henrico County-based Fortune 500 company Arko is seeking a valuation of as much as $910 million in i[...]

Photo by AdobeStock

Amazon to close five Virginia stores, cut nearly 700 jobs

Amazon plans to close five Amazon Fresh stores in Northern Virginia, laying off about 700 workers be[...]

Harmon

The 2026 Virginia Black Business Leaders Awards

From rebuilding communities in the post–Jim Crow era to leading Fortune 500 companies and public i[...]

People

The Virginia Chamber of Commerce on Wednesday elected Jennifer Siciliano to chair its board of directors this year.

Virginia Chamber elects UVA Health exec as board chair

5/2/2026

Kenneth Alexander. Photo courtesy Virginia Community College System

Norfolk mayor named Richard Bland College’s interim president

30/1/2026

Tina Leone. Photo courtesy River District Association

Danville’s River District Association has new leader

28/1/2026

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[...]

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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