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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

The Power 50
Virginia 500 August 29, 2024

Retail 2024: GEORGE L. HOLM

Holm became Performance Food Group’s leader in 2008 after more than four decades in the food service-distribution industry, with leadership roles at Sysco, US Foods, Alliant Foodservice and Vistar. He became president and CEO of PFG when the Blackstone Group and Wellspring Capital Management purchased PFG and merged it with a subsidiary of Vistar, where […]

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Virginia 500 August 29, 2024

Retail 2024: JOEL RAMPOLDT

Lidl, a German discount retail grocery chain, entered the U.S. market in 2017. But it struggled to compete with its chief rival, Aldi, and other discount retailers, and Lidl has changed its U.S. CEO three times since 2018. In August 2023, Rampoldt took the reins as the first American to lead Lidl’s U.S. division. His […]

JUDY BARRETT
Virginia 500 August 29, 2024

Transportation 2024: JUDY BARRETT

Barrett, who grew up in Hampton Roads and scored her first job working at the candy counter at Irwin’s Pharmacy, has accumulated more than 30 years of experience in banking and finance. She has been with TowneBank for over 16 years. She is the second woman president in the Virginia Maritime Association’s 104-year history. Barrett […]

Transportation 2023: MICHAEL W. COLEMAN
Virginia 500 August 29, 2024

Transportation 2024: MICHAEL W. COLEMAN

As head of CV International and Capes Shipping Agencies, a family-owned global logistics and vessel agency service company, Coleman is responsible for the overall management, direction and growth of the company. He serves as chairman of the Virginia Maritime Association (VMA) and is a board member of the Hampton Roads Shipping Association. He previously served […]

The Power 50
Virginia 500 August 29, 2024

Transportation 2024: STEPHEN A. EDWARDS

The Virginia Port Authority runs the Port of Virginia, which is one of the state’s chief economic drivers. In fiscal 2022, the port’s output sales hit $124.1 billion, up from $100.1 billion in 2021. Meanwhile, Edwards and other port leaders have stayed focused on finishing the $1.4 billion dredging and widening project in the port’s […]

Manufacturing 2023: HOWARD BROADFOOT
Virginia 500 August 29, 2024

Manufacturing 2024: HOWARD BROADFOOT

Broadfoot has been with Electro-Mechanical since 2009. He was promoted from chief operating officer to CEO when founder Russell Leonard retired in 2021. Operating in Bristol, Virginia, for 65 years, Electro-Mechanical’s divisions include Line Power, Federal Pacific, Mafesa and Mirus International. With five manufacturing facilities, including a repair and service division, the company has almost[...]

Hospitality | Tourism 2023: JAMES CARROLL
Virginia 500 August 29, 2024

Hospitality 2024: JAMES CARROLL

A former Navy fighter pilot with a Harvard MBA, Carroll parlayed his financial management expertise into running one of the largest independent hotel operators in the country. Founded in 2000, Crestline Hotels and Resorts operates more than 17,600 rooms in 28 states and Washington, D.C. Recently, the company was selected to manage the luxury Kimpton […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: FRANK ROTMAN

Rotman frequently pens advice to folks trying to build companies. “Getting a startup to ‘work’ isn’t simply about doing one thing well,” Rotman wrote in a post on X, where he tweets as @fintechjunkie. “Most startups are extremely complex and require many interconnected parts to all function in concert.” He should know. For 17 years, […]

Federal Contractors | Technology 2023: MARK P. MARRON
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: MARK P. MARRON

Marron started at ePlus, a provider of IT assets and financing services, in 2005. Marron became president and CEO in 2016 and a member of the company’s board in 2018. This January, ePlus announced that it had acquired the assets of Denver-based IT solutions provider PEAK Resources. In February, ePlus announced the availability of AI […]

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Virginia 500 August 29, 2024

Health Care 2024: LT. GEN. TELITA CROSLAND

Crosland is the fourth director of the Defense Health Agency, as well as the first African American to lead the agency, which the U.S. Department of Defense established in 2013. The DHA manages military hospitals and clinics, as well as TRICARE, the health insurance program for service members, their families and retirees.  Since taking the […]

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Top Stories

A Radford native, John Asbury traveled all over the country for his banking career but returned to Virginia in 2016 to lead Atlantic Union Bank. Photo courtesy Atlantic Union Bank

2025 Virginia Business Person of the Year: John Asbury | Atlantic Union Bank

Atlantic Union CEO John Asbury is Virginia Business’ 2025 Business Person of the Year, recognized [...]

The University of Virginia Rotunda. Photo by Jay Paul

U.Va. continues presidential search, despite Spanberger’s call for pause

The University of Virginia's presidential search committee has continued its work in hiring a succes[...]

Lawmakers grapple with Virginia’s increasing energy demand

Virginia SCC approves Dominion gas plant in Chesterfield

Dominion Energy's $1.47 billion natural gas power plant in Chesterfield County received the Virginia[...]

Depositphotos

Amazon to invest $50B to expand federal AI, computing capacity

Amazon plans to invest up to $50 billion to expand artificial intelligence and supercomputing capaci[...]

Retail | Wholesale

Performance Food Group and US Foods terminate merger talks

Goochland County-based Fortune Global 500 company Performance Food Group and US Foods have scrapped [...]

Server room interior in datacenter. Depositphotos

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn You[...]

People

Brad Pelachyk, the new chief global supply chain officer for BAE Systems.

BAE Systems promotes VP to chief global supply chain officer

24/11/2025

Tara Y. Harrison is retiring as the chief financial officer of Charlottesville-based Virginia National Bank. Photo courtesy Virginia National Bank.

Virginia National Bank CFO to retire

20/11/2025

McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer. Photo courtesy Bogart Wealth

Bogart Wealth announces new COO

19/11/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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