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Recent Articles from Virginia Business
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: 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 […]
Banking | Finance 2025: FAW, GWEN
Faw, who has worked at Wells Fargo for three decades, was named regional executive for the bank’s greater Virginia market, a territory that spans from Virginia Beach to Bristol, in 2024. A Bedford County resident, she is responsible for 93 branches and oversees more than 700 employees. Starting out as a bank teller in Bedford, Faw became […]
Manufacturing 2025: BEAUCHAMP, BRADFORD ‘BRAD’
In 1950, E. Rhodes Carpenter launched his namesake company as a distributor of Goodyear latex products. A few years later, Carpenter pivoted to pouring flexible polyurethane foam. Celebrating its 75th anniversary this year, Carpenter now has a product portfolio that includes bonded, molded and technical foams, chemicals and chemical systems, expanded polystyrene systems, consumer products, [&helli[...]
Banking | Finance 2025: FOSTER III, WILLIAM I. ‘BILLY’
At TowneBank’s helm since 2023, Foster is steering the regional community bank through a financial growth period. On April 3, TowneBank announced plans to acquire Old Point Financial, parent company of Old Point National Bank of Phoebus, in a deal valued at $203 million. The merger is expected to enhance TowneBank’s position as the bank with […]
Manufacturing 2025: HOFF, JEREMY R.
Hoff joined Hooker in 2017, serving as president of the upholstery, case goods and legacy brands divisions before being named its first nonfamily CEO in 2021. The 101-year-old company employs more than 1,000 people and has corporate offices and upholstery manufacturing facilities in Virginia, North Carolina and California, with showrooms in High Point, North Carolina; […]
Manufacturing 2025: CULBRETH, M. SCOTT
Culbreth joined American Woodmark in 2014 as its senior vice president and chief financial officer. He was promoted to president and CEO and joined its board of directors in 2020. American Woodmark’s cabinet brands include its namesake, as well as Shenandoah Cabinetry, Timberlake Cabinetry and Waypoint Living Spaces. It has more than 7,800 employees and […]
Manufacturing 2025: GREENE, JASON
Greene has led Delta Star, a manufacturer of power transformers and mobile substations, since 2016. In June, Greene welcomed state and local officials, including Lt. Gov. Winsome Earle-Sears, to a ribbon-cutting ceremony for the company’s Delta Iron Works, an 80,000-square-foot facility that will serve as a hub for steel fabrication, allowing the company to boost […]
Manufacturing 2025: KEOGH, SCOTT
Keogh leads German parent company Volkswagen’s electric truck and sport utility vehicle division, a job he took in 2022 after serving as president and CEO for Volkswagen of America for four years. Scout is a revamp of the iconic Scout all-terrain vehicle brand produced by International Harvester from 1961 to 1980. In 2021, Volkswagen acquired […]
Manufacturing 2025: TIDEY, R. SCOTT
Following Gregory H. Trepp’s September 2024 retirement, Tidey became the appliance manufacturer’s new CEO and a board member. He was named president earlier last year as part of Hamilton Beach’s succession plan. Previously, Tidey was senior vice president of global sales at subsidiary Hamilton Beach Brands, and he started with the company in 2010 as […]
