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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: RON ASH

On Sept. 1, Ash succeeded John Goodman as CEO and chair of the board of managers for Accenture Federal Services, an Accenture subsidiary that serves U.S. federal government clients. Goodman stepped down on Aug. 31 and will retire March 31, 2025. Ash previously served as chief operating officer at AFS since 2022. He joined Accenture […]

Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: CAREY A. SMITH

A six-time winner of Executive Mosaic’s Wash100 Award recognizing leading government contracting executives, Smith joined Fortune 1000 defense contractor Parsons in 2016 and quickly rose through its ranks; today, she serves as chair, president and CEO. Smith helped take Parsons public in 2019 and led its acquisition and integration of many companies, including its $400 […]

Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: DOUG WAGONER

LMI has experienced several changes since Wagoner became CEO of the government contracting and consulting firm in 2020. In 2021, LMI acquired Suntiva, expanding its digital and workforce solution offerings, and sponsored the establishment of the Space Force Association Space Center of Excellence, an effort that aims to foster collaboration in the space domain. In […]

Virginia 500 August 29, 2024

Government | Politics 2024: RYAN McDOUGLE

A 22-year veteran legislator, McDougle was tapped as minority leader after Republicans failed to regain control of the state Senate in the November 2023 elections. He’s served as an ally to Gov. Glenn Youngkin, pushing for tax cuts and to return Virginia to federal vehicle emissions standards rather than the California rules the state has […]

Start Virginia August 29, 2024

StartVirginia: Heard Around Virginia September 2024

Blue Delta Capital Partners, a Tysons-based venture capital firm, is preparing to make more equity investments in regional growth-stage tech firms serving the federal government following the close of a $250 million fund. The firm plans to offer noncontrolling ownership investments of between $15 million and $50 million from its Blue Delta Capital Fund IV. […]

Virginia 500 August 29, 2024

Real Estate 2024: BRENDAN BECHTEL

Serving as CEO since 2016 and chairman since 2017, Bechtel is the fifth generation to lead his family-owned global engineering, construction and project management company. Ranked the nation’s second largest construction company by Engineering News-Record, Bechtel Corp. has completed more than 25,000 projects in 160 countries since its 1898 founding. The firm’s portfolio includes massive [&hel[...]

Virginia 500 August 29, 2024

Real Estate 2024: DONALD D. GRAUL

In 2020, Graul joined Branch Group, an employee-owned heavy-highway and building contractor. He had nearly 40 years of industry experience, most recently with Centreville-based Parsons Corp., where he was president of construction and a senior executive for alternative project delivery. Founded in 1963, Branch has more than 1,000 employee-owners and reported over $500 million in […]

Virginia 500 August 29, 2024

Real Estate 2024: BENJAMIN SCHALL

Before becoming CEO in 2022, Schall joined AvalonBay as president in 2021. He’s also a member of the publicly traded real estate investment trust’s board of directors. AvalonBay acquires, develops and manages multifamily communities around the country, primarily focusing on metropolitan areas in New England, the mid-Atlantic, the Pacific Northwest and California. The company reported […[...]

Virginia 500 August 29, 2024

Manufacturing 2024: M. SCOTT CULBRETH

Culbreth joined American Woodmark in 2014 as its senior vice president and chief financial officer. He was promoted to president and CEO and joined its board of directors in 2020. American Woodmark’s cabinet brands include its namesake, as well as Shenandoah Cabinetry, Timberlake Cabinetry and Waypoint Living Spaces. It has more than 8,800 employees. The […]

Virginia 500 August 29, 2024

Law 2024: THE HON. S. BERNARD GOODWYN

It’s little wonder Goodwyn’s classmates at Southampton High School handed him the “most likely to succeed” superlative. Quarterback of the high school football team, Goodwyn was also president of the student body and valedictorian. Goodwyn headed to Harvard, where he played football and ran track. An economics major, Goodwyn graduated magna cum laude. After earning […]

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Top Stories

Gov. Glenn Youngkin and state and Amazon officials ceremonially break ground for the Amazon.com fulfillment center in Goochland County on May 14, 2025. Photo courtesy Amazon

Amazon fulfillment center in Goochland to create 1,000+ jobs

Gov. Glenn Youngkin participated Wednesday in a ceremonial groundbreaking for Amazon.com's 3.1 milli[...]

Eric Scorsone is the executive director of the Weldon Cooper Center for Public Service at the University of Virginia. Photo courtesy U.Va.

Virginia could lose 32,000 jobs in 2025, U.Va. estimates

Virginia may lose 32,000 jobs in 2025 amid federal cuts and rising unemployment, according to a new [...]

FILE - A Microsoft sign and logo are pictured at the company's headquarters, Friday, April 4, 2025, in Redmond, Wash. (AP Photo/Jason Redmond, File)

Microsoft to lay off about 3% of its workforce

Microsoft cuts nearly 6,000 jobs—about 3% of its workforce—in its largest layoff since 2023, imp[...]

US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks

The U.S. and China agreed to cut tariffs and pause their trade war for 90 days, calming markets and [...]

CoStar Group Inc. plans to add 750,000 more square feet to its holdings in Richmond, adding an estimated 2,000 jobs. Rendering courtesy CoStar Group Inc.

CoStar to purchase Australian property listings platform for $1.9B

Arlington County real estate data firm CoStar Group announced Friday it has signed a deal to acquire[...]

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 [...]

People

Sarah Muse and Carter Whitelow have joined the Virginia Chamber of Commerce. Photo Courtesy Virginia Chamber of Commerce

Virginia Chamber adds two execs to its team

14/5/2025

Lynchburg-based BWX Technologies has named Chief Accounting Officer Mike T. Fitzgerald as the interim CFO. Photo courtesy BWX Technologies

BWXT CFO steps down

12/5/2025

Karen Horn Welch. Photo courtesy University of Richmond

University of Richmond office hires CIO for endowment, assets

8/5/2025

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

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

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

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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