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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

ICF Chair and CEO John Wasson, who will be succeeded as president in January 2026. Photo courtesy ICF
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: JOHN WASSON

Since joining ICF International in 1987, Wasson has risen to become the global consulting and technology services provider’s chairman and CEO. During the past two decades, ICF has doubled in size every five years on average. It reported fiscal 2023 revenue of $1.96 billion, up 10% from the previous year. Wasson, who holds a bachelor’s […]

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Virginia 500 August 29, 2024

Professional Services 2024: BILL MARX JR.

Marx became Grant Thornton’s D.C. market managing principal in July, leading the Arlington regional office for the Chicago-based U.S. arm of the global accounting firm network. He succeeds Greg Wallig, who left in June.  With more than 25 years of experience, Marx has been a tax principal at Grant Thornton for 13-plus years. From 2015 […]

Manufacturing 2023: PRABHAT JAIN
Virginia 500 August 29, 2024

Manufacturing 2024: PRABHAT JAIN

Jain has been CEO of Virginia Transformer, the continent’s largest U.S.-owned power transformer manufacturer, since 1982 — 14 years after he arrived from India, mechanical engineering degree in hand. Over 42 years, he has grown the company from 35 employees to more than 2,700  across six plants. Jain started as a machine shop foreman in […]

Law 2023: DAVID C. BURTON
Virginia 500 August 29, 2024

Law 2024: DAVID C. BURTON

Burton, who specializes in labor and employment law, has defended employers in federal court cases involving disability, the Family and Medical Leave Act and age discrimination. He’s also defended clients in claims brought by the Equal Employment Opportunity Commission and has represented management in labor contract negotiations and arbitrations. After graduating from Elon College, Burton [[...]

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Virginia 500 August 29, 2024

Energy 2024: EDWARD ‘ED’ H. BAINE

Raised on a Lunenburg County tobacco farm, Baine attended Virginia Tech, earning an electrical engineering degree. Starting out as an associate engineer, Baine has worked for Fortune 500 utility Dominion Energy for nearly 30 years. Baine became president of Dominion Energy Virginia in 2020, responsible for all facets of a vertically integrated electric utility serving […]

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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 […]

Federal Contractors | Technology 2023: CAREY A. SMITH
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 […]

Federal Contractors | Technology 2023: DOUG WAGONER
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 […]

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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. […]

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Top Stories

An offshore wind turbine. A boat sits in the background.

Federal court grants Dominion injunction, allowing offshore wind construction to proceed

Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resum[...]

Depositphotos

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and mo[...]

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[...]

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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