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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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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 […]

Telecommunications 2023: DAVID C. WAJSGRAS
Virginia 500 August 29, 2024

Telecommunications 2024: DAVID WAJSGRAS

Wajsgras was named CEO of Intelsat in April 2022, shortly after the company’s emergence from Chapter 11 bankruptcy and financial restructuring. Merger discussions between Intelsat and competitor SES stalled in 2023, but in April, the McLean-based satellite-services provider announced an agreement where it will be acquired by its Luxembourg-based competitor for $3.1 billion. The combined compan[...]

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Virginia 500 August 29, 2024

Real Estate 2024: PATRICK BAIN

Bain joined Long & Foster Cos. in 2010 as president of its insurance and home warranty businesses. Berkshire Hathaway affiliate HomeServices of America acquired Long & Foster in 2017, and in 2018, Bain took on oversight of Long & Foster Property Management and Long & Foster Rental Service Center. Bain rebranded the property management business […]

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Virginia 500 August 29, 2024

Real Estate 2024: SHAWN TIBBETTS

Tibbetts added the role of president to his chief operating officer position in February, when Armada Hoffler also announced it expects to appoint him as CEO in spring 2025 upon current CEO Louis Haddad’s retirement. Haddad will then serve as executive chairman for a year. A real estate investment trust that operates across seven mid-Atlantic […]

Transportation 2023: NISSIM YOCHAI
Virginia 500 August 29, 2024

Transportation 500: NISSIM YOCHAI

Yochai was tapped as Zim American’s president in October 2022. The U.S. company, a subsidiary of Israeli cargo shipping company Zim Integrated Shipping Services, moved to the Hampton Roads region in 2001, and last year announced it was investing $30 million to relocate and expand its U.S. headquarters, which moved from Norfolk to Virginia Beach […]

Law 2023: MARGARET F. HARDY
Virginia 500 August 29, 2024

Law 2024: MARGARET F. HARDY

Hardy became the first female president in Sands Anderson’s then-175-year-old history in 2017. The trajectory that took her to the top at the state’s ninth largest firm has been far from a straight line. A graduate of Johnston-Willis Hospital School of Nursing, Hardy worked as a registered nurse for 15 years, including a stint as […]

Finance | Insurance 2023: MARY McDUFFIE
Virginia 500 August 29, 2024

Living Legends 2024: MARY McDUFFIE

A Wellesley College alumna, McDuffie served as Navy Federal Credit Union CEO from 2019 until her retirement, announced in September 2023. Dietrich Kuhlmann, formerly the credit union’s chief operating officer, succeeded McDuffie on March 1. Before joining the credit union in 1999, McDuffie was senior vice president of marketing for electronic payments company Star Systems. […]

The Power 50
Virginia 500 August 29, 2024

Hospitality | Tourism 2024: CHRISTOPHER J. NASSETTA

Nassetta is the longtime president and CEO of one of the world’s largest hospitality companies. Hilton has a portfolio of 7,600 properties and 24 brands in 126 countries and territories, ranging from luxury brands like Waldorf Astoria to suite hotels such as Embassy Suites by Hilton. Nassetta joined Hilton in 2007 after investment firm Blackstone […]

Federal Contractors | Technology 2023: BRUCE L. CASWELL
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: BRUCE L. CASWELL

Caswell joined government contractor Maximus in 2004 and has served as president since 2014; he became CEO in 2018. He started his career at what’s now PricewaterhouseCoopers before moving on to IBM, where he served as vice president of state and local government and education, as well as director of federal business development. Headquartered in […]

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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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