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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Manufacturing 2025: IMAKOJI, HIROHITO
Manufacturing 25 September 2, 2025

Manufacturing 2025: IMAKOJI, HIROHITO

In February, the Swiss equipment manufacturer appointed Imakoji as Liebherr USA’s second managing director, jointly sharing executive responsibilities with Kai Friedrich, who has served as its Newport News-based managing director since 2021. Imakoji oversees strategic planning and the execution of growth strategies for corporate, finance and administrative functions. Liebherr USA provides sa[...]

Manufacturing 2025: STEITZ, JOHN M.
Manufacturing 25 September 2, 2025

Manufacturing 2025: STEITZ, JOHN M.

In 2019, Steitz was named president and CEO of surface protection films and aluminum extrusions manufacturer Tredegar, a 1989 spinoff of Richmond fuel additives company Ethyl. Steitz had served on Tredegar’s board of directors since 2017 while also serving as CEO of additives supplier Addivant, which merged with SI Group in 2018. He was also […]

Manufacturing 2025: ROBINSON, ANTHONY ‘TONY’
Manufacturing 25 September 2, 2025

Manufacturing 2025: ROBINSON, ANTHONY ‘TONY’

Robinson took over in 2024 as the head of Framatome, the Lynchburg-based North American subsidiary of the French nuclear equipment, services and fuel producer. During more than three decades of experience in the nuclear industry, Robinson has held a series of executive positions. Previously, he was senior vice president and chief nuclear officer of Structural […]

Manufacturing 2025: FAIRBANKS, BRYAN
Manufacturing 25 September 2, 2025

Manufacturing 2025: FAIRBANKS, BRYAN

Fairbanks became Trex’s president and CEO after the retirement of James Cline in 2020. Previously, he had been the publicly traded composite decking and railing manufacturer’s executive vice president and chief financial officer. Trex products are sold through more than 6,700 retail outlets across six continents. Over the next five years, Trex hopes to double […]

Manufacturing 2025: LUCK IV, CHARLES ‘CHARLIE’
Manufacturing 25 September 2, 2025

Manufacturing 2025: LUCK IV, CHARLES ‘CHARLIE’

Representing the third generation of the Luck family at the helm, Charlie Luck IV became president of the 102-year-old crushed stone company in 1995 and additionally CEO in 1999. While studying at Virginia Military Institute, he officially joined the family business as a summer trainee. After graduating with a degree in civil engineering in 1983, […]

Banking | Finance 2025: ASBURY, JOHN C.
Banking | Finance 25 September 2, 2025

Banking | Finance 2025: BRANCH, VICTOR K.

With more than 40 years of service at Bank of America, Branch has been president of the bank’s Richmond market since 2015. Bank of America reported $27.1 billion in net income in 2024 and employs 213,000 people globally. The immediate past chairman of the Virginia Bankers Association board and a William & Mary alum, Branch […]

Manufacturing 2025: MINKKINEN, MARCUS
Manufacturing 25 September 2, 2025

Manufacturing 2025: MINKKINEN, MARCUS

In September 2024, Minkkinen succeeded Koen Knippenberg, who managed the plant for more than two years before being promoted to senior vice president of group truck operations for Volvo’s North America branch. A native of Sweden whose father and grandfather worked for Volvo, Minkkinen joined the company in 2004 as a trainee after receiving a […]

Manufacturing 2025: WERGE, ROB
Manufacturing 25 September 2, 2025

Manufacturing 2025: WERGE, ROB

In 2022, Werge became president and CEO of Cadence, a contract manufacturer of medical and drug delivery devices founded in 1985. He previously held leadership positions at Nypro (now Jabil Healthcare), where he led its consumer and electronics business for the Americas region and oversaw operations in India. He also was vice president and general […]

Manufacturing 2025: SMITH, ASHLEY B.
Manufacturing 25 September 2, 2025

Manufacturing 2025: SMITH, ASHLEY B.

Smith, the third generation of his family to lead the precast concrete company, became CEO in 2018 and board chairman in 2022. His grandfather, David G. Smith, founded the company in 1960 as Smith-Cattleguard, a nod to the company’s concrete cattleguard innovation. The publicly traded company now has manufacturing facilities in North and South Carolina. […]

Banking | Finance 2025: ASBURY, JOHN C.
Banking | Finance 25 September 2, 2025

Banking | Finance 2025: BARKIN, THOMAS I.

Barkin has served as head of one of 12 regional Fed banks since 2018. Previously a voting member on the Fed’s powerful interest- setting Federal Open Market Committee in 2024, he rotated off in 2025. In May, Barkin told attendees at the Investing in Rural America Conference in Roanoke that the key to population and […]

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Top Stories

Booz Allen Hamilton logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration

Treasury cancels $21M in Booz Allen Hamilton contracts

The U.S. Treasury Department said on Monday it had canceled all of its contracts with McLean-based g[...]

ICE eyes massive Hanover warehouse for processing facility

ICE eyes massive Hanover warehouse for processing facility

ICE hopes to purchase a more than 552,000-square-foot warehouse in Hanover County and repurpose it i[...]

The logo and ticker for Capital One are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid

Capital One to acquire Brex for $5.15B

McLean-based banking giant Capital One Financial announced Thursday it has entered an agreement to a[...]

Photo: Depositphotos.com

Henrico-based ASGN to acquire Quinnox for $290M

ASGN announced this week that it will acquire Chicago-based digital services company Quinnox for $29[...]

FILE PHOTO: Frankie, the mascot for Nathan's Famous hot dogs, excites the audience at the official weigh-in ceremony, ahead of the Coney Island's 2025 Nathan's Famous Fourth of July International Hot Dog Eating Contest in New York City, U.S., July 3, 2025. REUTERS/Angelina Katsanis/File Photo

Smithfield Foods plans to buy Nathan’s Famous in $450M deal

Smithfield Foods announced Wednesday it has entered a deal to purchase Nathan's Famous, the hot dog [...]

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia'[...]

People

Christen Smith has been named chief revenue officer of LMI. Photo courtesy LMI

LMI names new leaders following CEO change

20/1/2026

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

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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