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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: BILL MONET

Monet leads Akima, an Alaska Native corporation that handles federal contracts for the for-profit NANA Regional business owned by Indigenous Iñupiat shareholders. Akima has more than 10,000 employees across the world. With more than 30 years of experience in modernizing processes for federal, state, local and commercial clients, Monet is chief operating officer of NANA […]

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Virginia 500 August 29, 2024

Insurance 2024: FRANK LUCIA

Since 2017, Lucia has led Delta Dental of Virginia, one of the state’s largest dental benefits providers, and its holding company, Corvesta. Delta has about 250 employees in Virginia and posted $780 million in 2023 revenue.  Previously, Lucia was president and CEO of Dean Health Plan in Madison, Wisconsin, and worked in finance for Cigna […]

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Top Stories

Dollar Tree retail store

Dollar Tree completes $1B Family Dollar sale

Dollar Tree on Monday announced it has completed the sale of its Family Dollar business segment for [...]

Carilion Clinic raises $96M for cancer center

Carilion Clinic raises $96M for cancer center

Carilion Clinic is counting on public support to reach its $100 million goal to build a six-story ca[...]

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Emerson to lay off 87 workers in Charlottesville

Emerson Electric plans to lay off 87 workers at its Charlottesville manufacturing facility, starting[...]

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

Virginia senators seek injunction against seating 8 rejected BOV appointees

State senators ask for injunction so eight university board appointees can't be installed at three V[...]

Reshoring manufacturing is one of President Donald Trump’s priorities

Reshoring manufacturing is one of President Donald Trump’s priorities

President Donald Trump wants manufacturing jobs to return to the U.S., but it's not as simple as tha[...]

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U.Va. president resigns under pressure from DOJ

University of Virginia President Jim Ryan has resigned, saying he can't fight the federal government[...]

People

A man wears a navy blue blazer and a green tie.

Dominion promotes Baine to EVP of utility operations

1/7/2025

Virginia 500 July 2025 Spotlight: Michael J. Lutes

Virginia 500 July 2025 Spotlight: Michael J. Lutes

29/6/2025

Virginia Bankers Association names new chair

Virginia Bankers Association names new chair

24/6/2025

Regions

Frederick prepares for data center development

Frederick prepares for data center development

Increasingly, data center developers are eyeing sites in parts of the commonwealth outside Northern [...]

Officials envision new life for shuttered state campus

Officials envision new life for shuttered state campus

Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions ho[...]

Post GreenCity, Henrico tries again

Post GreenCity, Henrico tries again

Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid law[...]

$35B Capital One-Discover merger closes

$35B Capital One-Discover merger closes

McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Ser[...]


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