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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

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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Top Stories

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IDT to expand Arlington headquarters, create 210 jobs

Innovative Defense Technologies will soon invest $19 million to expand operations and create 210 job[...]

AvalonBay President and CEO Benjamin Schall. Photo courtesy AvalonBay

AvalonBay, Equity Residential announce $69B merger, creating real estate behemoth

AvalonBay and Equity Residential announce a merger with an enterprise value of $68B, creating a majo[...]

Dominion Energy's headquarters at 600 E. Canal St. in Richmond. Photo by Kira Jenkins/Virginia Business

NextEra-Dominion merger: What’s in store for Virginia?

A proposed merger of Dominion Energy with NextEra Energy could create an energy giant, but it’s li[...]

Photo courtesy Buc-ee’s

Stafford supervisors approve Buc-ee’s travel center off I-95

Stafford County Board of Supervisors voted 5-2 early Wednesday morning to approve a rezoning and per[...]

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger vetoes legislation for creating marijuana retail market

Gov. Abigail Spanberger vetoes legislation to create a retail marijuana market, drawing criticism fr[...]

Dominion Energy's headquarters at 600 E. Canal St. in Richmond. Photo by Kira Jenkins/Virginia Business

Dominion Energy to be acquired in $66.8B all-stock deal

Fortune 500 utility Dominion Energy has entered into a definitive agreement to be acquired by Florid[...]

People

Yoel Lavie, BriefCatch’s chief operating officer. Photo courtesy BriefCatch

Arlington-based BriefCatch names new COO

22/5/2026

Chantilly-based government contractor Amentum has named Sam Nazari as its inaugural chief AI architect. Photo courtesy Amentum

Amentum names inaugural chief AI architect

21/5/2026

BARBARA M. WOLCOTT

Hampton Roads real estate exec Barbara Wolcott retires

18/5/2026

Regions

A rendering of the Valley Health Winchester Medical Center Mary Free Bed Rehabilitation Tower Rendering courtesy Valley Health

Valley Health to expand with two new buildings

Valley Health is expanding its Winchester campus with a $20.9 million behavioral health pavilion and[...]

A hydrogen power plant could be located at the Lonesome Pine Regional Business & Technology Park in Wise County. Photo courtesy Wise County Industrial Development Authority

Data center developers seek on-site energy in Wise

Wise County data center developers plan a $1 billion campus powered by hydrogen or natural gas, aimi[...]

Gov. Abigial Spanberger vetoed a bill that would have allowed a casino in the Tysons area. Photo by Adobe Stock

Spanberger says no to Fairfax casino with veto

Gov. Abigail Spanberger vetoed a bill that would have allowed a Fairfax County casino referendum, ci[...]

A rendering prepared by Cox, Kliewer & Co. of the data center rejected by Chesapeake City Council last year Rendering courtesy City of Chesapeake

Chesapeake considers stricter data center regulations

Chesapeake city officials consider new zoning rules to regulate data center development near residen[...]


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