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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Law 2025: AGHDAMI, FARHAD
Law 25 September 2, 2025

Law 2025: PERDUE, WENDY COLLINS

Dean of the University of Richmond School of Law since 2011, Perdue has blazed plenty of trails, as she is among the 42% of law school deans who are female. In 2024, Virginia Lawyers Weekly inducted Perdue into its Hall of Fame, and in March, she announced she would step down as dean at the […]

Insurance 2025: McINERNEY, THOMAS J.
Insurance 25 September 2, 2025

Insurance 2025: STANCHINA, JOHN C.

Since 2011, Stanchina has led the mid-Atlantic region for Marsh McLennan Agency, which provide business insurance, employee health and benefits, retirement and private client insurance solutions. The region includes offices in Alabama, Georgia, Maryland, North Carolina, South Carolina, Tennessee and Virginia. Stanchina oversees more than 1,100 employees. In 1994, Stanchina went to work at Rutherfo[...]

Law 2025: AGHDAMI, FARHAD
Law 25 September 2, 2025

Law 2025: ROUNTREE, CAMERON

Promoted in 2022 to head the state bar, Rountree leads more than 90 employees who are responsible for licensing the state’s 50,000-plus lawyers. The bar is the administrative agency of the Supreme Court of Virginia, and it disciplines attorneys who violate the court’s rules of professional conduct and evaluates the state’s judges. Rountree joined the bar […]

Insurance 2025: McINERNEY, THOMAS J.
Insurance 25 September 2, 2025

Insurance 2025: SPIRO, RICHARD G. ‘RICKY’

With more than 30 years of experience in insurance and financial services, Spiro has led the Henrico County-based property, casualty and employee benefits insurance brokerage and advisory firm since 2017. A portfolio company of Washington, D.C.- based Carlyle Group, The Hilb Group has more than 2,400 employees. The firm celebrated its 15th anniversary in 2024 […]

Law 2025: AGHDAMI, FARHAD
Law 25 September 2, 2025

Law 2025: MARSTON, K. BRETT

In addition to serving as Gentry Locke’s managing partner, Marston is president of the Virginia State Bar, a post he will hold through June 2026. A graduate of the University of Virginia and George Mason University’s law school, Marston joined Gentry Locke in 1994 and specializes in construction law, including contract negotiations, payment disputes and […]

Insurance 2025: McINERNEY, THOMAS J.
Insurance 25 September 2, 2025

Insurance 2025: SCHIAVON, ALBERTO

In April, the U.K.-based Admiral Group announced plans to sell Henrico County-based auto insurer Elephant Insurance to J.C. Flowers & Co., a New York-based private investment firm. Subject to regulatory approval, the deal is expected to close in the fourth quarter. Schiavon, who has led the insurer since 2017, stayed on as CEO, continuing to […]

Law 2025: AGHDAMI, FARHAD
Law 25 September 2, 2025

Law 2025: PAULK, COURTNEY MOATES

Paulk has led Hirschler since 2018, when she became the first female president of the now 79-year-old firm. With 86 attorneys in offices in Fredericksburg, Richmond and Tysons, it is the state’s seventh-largest law firm. Paulk also heads Hirschler’s litigation section. After graduating from Mary Washington College (now the University of Mary Washington) with a degree in theater [&he[...]

Insurance 2025: McINERNEY, THOMAS J.
Insurance 25 September 2, 2025

Insurance 2025: RUSSELL, W. DOUGLAS

The leader of the TowneBank insurance subsidiary since 2021, Russell oversees more than 500 professionals located across Virginia, North Carolina and South Carolina. Founded in 2001, Towne Insurance offers property and casualty insurance, workers’ compensation, bonding and employee benefits, as well as home, auto, umbrella and flood insurance. It brought in $118.5 million in 2024 revenue. [[...]

Law 2025: AGHDAMI, FARHAD
Law 25 September 2, 2025

LAW 2025: PARKS, RANDALL S.

Parks joined Hunton & Williams, Hunton Andrews Kurth’s predecessor, after graduating from law school at the University of Virginia in 1988. He has served as the chairman of the state’s third largest law firm’s executive committee since 2022. With 35 years of experience under his belt, Parks’ practice focuses on corporate transactions, including business process and [&h[...]

MONICA SCHMUDE
Insurance 25 September 2, 2025

Insurance 2025: SCHMUDE, MONICA

Schmude was tapped to lead Anthem in Virginia in 2023. Before that, she spent almost 13 years at Cigna in different leadership positions, including serving as president of its mid-Atlantic market, which covered Virginia, Maryland and Washington, D.C. Schmude, who has a degree in industrial and organizational psychology with a concentration in women’s studies from the […]

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Top Stories

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 350 employees

Goochland County-based Fortune 500 used car retailer CarMax is laying off about 350 employees nation[...]

Construction workers, bottom right, atop the U.S. Treasury, watch as work continues on a largely demolished part of the East Wing of the White House on Oct. 23, 2025, before construction of a new ballroom. (AP Photo/Jacquelyn Martin)

Two Virginia companies donate to White House ballroom project

Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million Whi[...]

A bronze statute of Lady Justice holding scales

Virginia Supreme Court hears $2B trade secrets case

McLean-based software company Appian argued it should receive the record-breaking $2.04 billion jury[...]

Amazon to pay $2.5B in FTC Prime membership settlement

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artif[...]

Disney to build its 7th theme park, this one in the United Arab Emirates

Booz Allen Hamilton announces new round of layoffs

Booz Allen Hamilton is initiating another round of layoffs amid declining revenues in its most recen[...]

The 2025 Virginia Black Business Leaders Awards: The Achievers

Townes-Whitley out as SAIC’s CEO after two years

Toni Townes-Whitley is out as CEO of Fortune 500 government contractor Science Applications Internat[...]

People

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Botetourt hires new economic development director

30/10/2025

Paul Phillips will retire from Freedom First at the end of 2026. Photo courtesy Freedom First Credit Union

Freedom First credit union CEO to retire in 2026

29/10/2025

Former Western Virginia acting U.S. attorney resigns, enters private practice

Former Western Virginia acting U.S. attorney resigns, enters private practice

17/10/2025

Regions

Digital Gateway opponents score legal win

Digital Gateway opponents score legal win

A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding wi[...]

Federal funding repeals could halt rural broadband expansion

Federal funding repeals could halt rural broadband expansion

The much-heralded broadband expansion efforts in Southwest Virginia may not come to fruition after a[...]

Danville invests $3 million to prep Coleman site

Danville invests $3 million to prep Coleman site

In July, Danville City Council members OK’d an infusion of funding for 158 acres on Gypsum Roa[...]

Data centers stir debate in Frederick

Data centers stir debate in Frederick

After rejecting two major data centers, Frederick County supervisors back a fact sheet to study impa[...]


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