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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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

Banking | Finance 2024: DIETRICH KUHLMANN

Kuhlmann took the helm at the credit union March 1, replacing Mary McDuffie, who was Navy Federal’s first woman CEO. She retired after 25 years with the financial institution, including five as CEO. After retiring from the U.S. Navy as a rear admiral, Kuhlmann joined Navy Federal in 2019 as head of branch operations. He […]

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Virginia 500 August 29, 2024

Economic Development 2024: JONATHAN S. BELCHER

As leader of the Virginia Coalfield Economic Development Authority since 2006, Belcher has helped bring new jobs to Southwest Virginia through numerous economic development deals. Two notable job announcements in the past year have included 170 jobs at data center company Tate in its access floors division, announced in November 2023, and 75 jobs accompanying […]

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Virginia 500 August 29, 2024

Health Care 2024: ERIK SHANNON

Shannon has overseen this division of UVA Health since October 2021, starting as an interim chief executive and then as permanent CEO. UVA Community Health includes three Northern Virginia hospitals — Prince William Medical Center, Haymarket Medical Center and Culpeper Medical Center — as well as an integrated network of medical practices, cancer care and […]

Real Estate 2023: ROBERT C. ‘BOB’ KETTLER
Virginia 500 August 29, 2024

Real Estate 2024: ROBERT C. ‘BOB’ KETTLER

While a student at George Washington University in 1974, Kettler got his start in real estate by remodeling apartments. A third-generation builder and the product of a long line of real estate developers, he left school to focus on work. After discovering a passion for community development, he founded real estate development company Kettler in […]

Real Estate 2023: ALBERT G. ‘BEAU’ VAN METRE JR.
Virginia 500 August 29, 2024

Real Estate 2024: ALBERT G. ‘BEAU’ VAN METRE JR.

Van Metre’s late father founded his family real estate development company in 1955, partnering with B.B. Wills to build the first Van Metre Homes in Burke, a Fairfax County suburb. Beau Van Metre joined the company in 1963. In 2002, he was appointed vice chairman, and he became chairman in 2008. Today, the company has […]

Transportation 2023: STEPHEN C. BRICH
Virginia 500 August 29, 2024

Transportation 2024: STEPHEN C. BRICH

With 26 years in transportation, Brich oversees VDOT’s almost 58,000 miles of road, 21,000 bridges and other structures, six tunnels and three ferry systems. Appointed in 2018, he manages approximately 7,700 VDOT employees and an $8 billion annual budget for the nation’s third largest transportation agency. April 17 was a monumental day in the history […]

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Virginia 500 August 29, 2024

Living Legends 2024: RALPH SAMPSON

University of Virginia basketball legend Sampson already has made his stamp on state history. After winning three Naismith Awards as the National Player of the Year, the 7-foot-4 Sampson graduated from U.Va. in 1983 and played for the Houston Rockets through 1987. The Harrisonburg native won the NBA Rookie of the Year award in the […]

Agriculture 2023: MATTHEW J. LOHR
Virginia 500 August 29, 2024

Agriculture 2024: MATTHEW J. LOHR

With a combined annual economic impact of more than $105 billion, agriculture and forestry are Virginia’s largest private industries. Lohr’s office and its three agencies oversee these industries while also working to preserve farmland and forestland, promote access to safe and healthy food and support rural economic development. Virginia’s secretary of agriculture and forestry s[...]

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Virginia 500 August 29, 2024

Banking | Finance 2024: NIGEL MORRIS

In 1994, Morris co-founded Capital One Financial with Richard Fairbank, who remains the credit card giant’s chairman and CEO. Morris served as Capital One’s president and chief operating officer until 2004, when he decided it was time for something new. In 2007, Morris partnered with Frank Rotman to launch QED Investors, a fintech venture capital […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: JENNIFER BOYKIN

Since beginning her career in 1987 at Newport News Shipbuilding in the nuclear engineering division, Boykin steadily rose through the ranks, becoming its first female president in 2017. Newport News Shipbuilding is a division of Fortune 500 military contractor Huntington Ingalls Industries and is the state’s top industrial employer, with about 25,000 workers. NNS is […]

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Top Stories

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

TowneBank in Chesterfield County. Photo by Kira Jenkins

TowneBank completes $476M acquisition of Dogwood State Bank

Suffolk-based TowneBank announced Monday that it has completed its $476 million acquisition of North[...]

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Virginia Supreme Court orders new trial in $2B Appian-Pega case

The Virginia Supreme Court ordered a new trial in a $2 billion trade secrets lawsuit involving McLea[...]

Four ship-to-shore container cranes the Port of Virginia put into service at Virginia International Gateway in April 2025. The port will complete its $450 million dredging project next month, delivering the deepest shipping channels on the East Coast. Photo courtesy Virginia Port Authority

Port of Virginia to complete $450M dredging project in February

The Port of Virginia will complete its $450 million dredging project next month, delivering the deep[...]

Defense Secretary Pete Hegseth speaks to an audience at Newport News Shipbuilding on Jan. 5, 2026, part of his "Arsenal of Freedom" industry tour. Photo by Josh Janney

In Newport News speech, Hegseth calls for faster delivery of warships

Secretary of Defense Pete Hegseth calls for faster delivery, tighter cost discipline in Newport News[...]

People

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Real Estate Information Network's new president John Chandler. Photo courtesy REIN

REIN announces 2026 board of directors

12/1/2026

Marshall French, new president of Sauer Properties.

Sauer Properties taps new president

9/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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