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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Finance | Insurance 2023: LAWRENCE ‘LARRY’ BERNERT III
Virginia 500 August 29, 2024

Banking | Finance 2024: LAWRENCE ‘LARRY’ BERNERT III

After Clearstead Advisors, an Ohio-based financial advisory firm, acquired the assets of Norfolk-based Wilbanks Smith & Thomas Asset Management in April, Bernert’s job evolved from principal and portfolio manager to senior managing director for Clearstead Advisory Solutions, which is a division of Clearstead.  Previously, WST boasted more than $5 billion of assets under management. Clearste[...]

Law 2023: BRADLEY J. LINGO
Virginia 500 August 29, 2024

Law 2024: BRADLEY J. LINGO

In the U.S. News & World Report’s 2024-25 ranking of the nation’s best law schools, Regent University ranked No. 108 — rising 17 places from the previous year. Part of the private conservative Christian university founded by the late televangelist and cable TV magnate Pat Robertson, Regent’s law school prioritizes “mission over rankings,” Lingo stated […]

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Virginia 500 August 29, 2024

Professional Services 2024: JULIE SWEET

CEO of Fortune Global 500 firm Accenture since 2019 and its chair since 2021, Sweet has been on Fortune’s Most Powerful Women in Business list since 2016 — ranking No. 2 for 2022 and 2023 — and was named one of Time’s Time100: The Most Influential People of 2024. She also made Forbes’ 2023 list […]

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Virginia 500 August 29, 2024

Professional Services 2024: JOHNNY C. TAYLOR JR.

The Society for Human Resource Management’s leader since 2017, Taylor is a lawyer and human resources executive in charge of an association that represents nearly 340,000 member HR professionals in 180 countries. Named one of the “300 Most Influential Executives in Corporate America” for 2024 by African American business and lifestyles publication Savoy magazine, Taylor […]

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Virginia 500 August 29, 2024

Real Estate 2024: W. TAYLOR FRANKLIN

Franklin became CEO in 2023, succeeding his father, Wendell, who is now chairman of the real estate development, management and investment firm. Previously chief operating officer, Franklin oversees approximately 700 employees, as well as a portfolio of 200 properties in 10 states and Washington, D.C. In 2013, Franklin, his father, Tom Johnston and Steve Cooper […]

Real Estate 2023: ALLISON WEINSTEIN
Virginia 500 August 29, 2024

Real Estate 2024: ALLISON WEINSTEIN

Weinstein leads a multifamily real estate development and management company founded by her father, Marcus Weinstein, in 1952. She joined the company in 1994 with her husband, Ivan Jecklin, who serves as co-president. Weinstein Properties began as a developer of single-family homes in Richmond in the 1950s, expanding into apartments and commercial real estate in […]

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Virginia 500 August 29, 2024

Living Legends 2024: DAVID BALDACCI

In his March-released thriller, “A Calamity of Souls,” Baldacci tackles justice, racism and the power of partnerships. Those concepts don’t just permeate the global bestselling author’s writing; they also reflect his values. A Richmond native, Baldacci frequently creates tales centered around justice, often incorporating characters from marginalized groups that must navigate challenging le[...]

Finance | Insurance 2023: JAMES SCHENCK 
Virginia 500 August 29, 2024

Banking | Finance 2024: JAMES SCHENCK

Over the course of his military career, Schenck flew Black Hawk helicopters in Korea and trained others as a night vision goggle instructor pilot. He also served on the Army staff in the Office of the Deputy Chief of Staff for Operations and Plans, a post with responsibilities for overseeing the flying hour program, which […]

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Virginia 500 August 29, 2024

Hospitality | Tourism 2024: JANE KAMENSKY

Named president of the Thomas Jefferson Foundation in October 2023, Kamensky started work in January. The nonprofit owns and operates Monticello, the mountaintop plantation of the third U.S. president. Kamensky previously served as the Jonathan Trumbull Professor of American History at Harvard University and as the Carl and Lily Pforzheimer Foundation Director of the Arthur […]

CANDICE LING
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: CANDICE LING

Since taking the lead of Microsoft’s federal arm in July 2023, Ling has focused on forging partnerships and advancing artificial intelligence, cloud computing and emerging technologies for federal customers. This year, Ling announced that Microsoft’s Azure OpenAI generative AI tool would be available to federal customers through the company’s Azure Government Cloud environment. Microsoft com[...]

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Top Stories

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

TowneBank in Chesterfield County. Photo by Kira Jenkins

TowneBank completes $476M acquisition of Dogwood State Bank

Suffolk-based TowneBank announced Monday that it has completed its $476 million acquisition of North[...]

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

Virginia Supreme Court orders new trial in $2B Appian-Pega case

The Virginia Supreme Court ordered a new trial in a $2 billion trade secrets lawsuit involving McLea[...]

Four ship-to-shore container cranes the Port of Virginia put into service at Virginia International Gateway in April 2025. The port will complete its $450 million dredging project next month, delivering the deepest shipping channels on the East Coast. Photo courtesy Virginia Port Authority

Port of Virginia to complete $450M dredging project in February

The Port of Virginia will complete its $450 million dredging project next month, delivering the deep[...]

Defense Secretary Pete Hegseth speaks to an audience at Newport News Shipbuilding on Jan. 5, 2026, part of his "Arsenal of Freedom" industry tour. Photo by Josh Janney

In Newport News speech, Hegseth calls for faster delivery of warships

Secretary of Defense Pete Hegseth calls for faster delivery, tighter cost discipline in Newport News[...]

People

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Real Estate Information Network's new president John Chandler. Photo courtesy REIN

REIN announces 2026 board of directors

12/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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