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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

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of [...]

Bryan H. Fairbanks will retire after nearly 23 years with Trex. Photo courtesy Trex

Trex CEO Bryan Fairbanks to retire in April

Trex Co. announced Tuesday that President and CEO Bryan H. Fairbanks will retire April 28 after near[...]

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs i[...]

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,0[...]

Hampton logistics company closes, laying off 63

AOL to lay off 108 tied to Reston office

AOL plans 108 layoffs linked to its Reston office as Bending Spoons completes its acquisition of the[...]

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism o[...]

People

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Dr. Reid Adams. Photo courtesy UVA Health.

UVA Health promotes inaugural chief medical officer

24/2/2026

Atlantic Union Bankshares new CFO Alexander Dodd

Atlantic Union Bankshares appoints new CFO

24/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming rea[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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