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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

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News September 2, 2025

Transportation 2025: HALL, KEITH

In 2023, Hall tasked Bob McGonigal, TFI International executive vice president, with helping turn around TFI’s U.S. less-than-truckload operation. Montreal-based TFI purchased TForce, which had lost revenue in the past few years, from UPS in 2021 for $800 million. TFI reported its 2024 net income was $422.5 million, down from $504.9 million in 2023. Alain […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: SHEEHY IV, VINCE

Sheehy carries on his father’s legacy as an auto dealer, manning the largest dealership group in Virginia and one of the largest in the nation. His late father, Vincent Sheehy III, founded Sheehy Ford in Maryland in 1965 as a suburban business near the newly built Capital Beltway. Sheehy Auto Stores was ranked No. 33 in […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: WARREN THOMPSON

Thompson became an entrepreneur as a teen, when he purchased and ran his family’s hog farm in Windsor. He now heads the largest minority-owned food and facilities management corporation in the nation, which he founded in 1992 with the purchase of 31 Bob’s Big Boy restaurants. Thompson Hospitality provides dining services for more than 200 […]

Retail | Wholesale | Food | Beverage 2025: SEVER, MICHAEL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: SEVER, MICHAEL

Sever, a longtime Hershey employee, was named plant manager of the candymaker’s Stuarts Draft manufacturing facility in 2022. He had previously been site operations leader at the facility, which produces nut-based candies like Reese’s Peanut Butter Cups and Almond Joy. The plant, which opened in 1982, is the second largest of Hershey’s seven manufacturing sites. Sever managed [[...]

Economic Development 2025: BELCHER, JONATHAN S.
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: RAMPOLDT, JOEL

Lidl, a German discount retail grocery chain, entered the U.S. market in 2017. But it struggled to compete with its chief rival, Aldi, and Lidl has changed its U.S. CEO three times since 2018. In 2023, Rampoldt took the reins as the first American to lead Lidl’s U.S. division and its expansion. As of July, […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: QREITEM, FOUAD A.

In the late 1990s, Qreitem founded Capital Restaurant Group, the company behind Paisano’s Pizza, based in Chantilly. He opened his first Paisano’s location in the Shops at Fair Lakes 25 years ago and the brand became a franchise model in 2009. The company now has more than 40 locations in Virginia, Maryland and Washington, D.C., […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: POHANKA, GEOFFREY

Pohanka’s family has been selling cars since Frank Pohanka opened a Washington, D.C., dealership in 1919. Today, headed by Frank’s grandson Geoffrey, the company has more than 20 locations in Virginia, Maryland and Texas, and is one of the largest Virginia-based auto dealerships. It had revenue of roughly $2 billion as of 2024 and more […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: NASH, WILLIAM D. ‘BILL’

Nash began at CarMax in 1997 as an auction manager, working his way up to president and CEO in 2016. Founded in 1993 in Richmond as a subsidiary of electronics retailer Circuit City, Fortune 500 company CarMax is the country’s largest retailer of used cars, employing almost 30,000 people, including 3,300 in Virginia. It reported […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: PARKER, DREW

Carter Machinery has deep roots in Virginia, tracing back to 1928, when Robert Hill Carter founded Virginia Tractor in Richmond. The company was the state’s first Caterpillar dealership, and it is still going today as an independent dealer with more than 30 locations. It has more than 2,300 employees in Virginia, West Virginia, Maryland, Delaware […]

Retail | Wholesale | Food | Beverage 2025: MURRELL, JERRY
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: MURRELL, JERRY

As a young student in Michigan, Murrell’s academic struggles prompted a warning from a nun at his Catholic school: He would end up flipping burgers. It took a few years, during which he earned an economics degree from the University of Michigan, worked in life insurance, got married twice and had five sons. But eventually […]

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Top Stories

Four cards and a stack of chips on a green felt table

Virginia casinos report $84.8M in August revenue

August gaming revenues from Virginia’s three casinos totaled $84.8 million, up $90,000 from July a[...]

Norfolk Airport cancels development contract for 165-room hotel

Norfolk Airport cancels development contract for 165-room hotel

The Norfolk Airport Authority recently canceled a contract to develop a 165-room hotel due to an all[...]

Systems Planning & Analysis will expand its Alexandria headquarters, the government contractor announced Sept. 11, 2025. Photo courtesy SPA

Government contractor to add 1,200 jobs in Alexandria and Fairfax

Systems Planning & Analysis (SPA) announced Thursday it plans to expand its headquarters, increase i[...]

Nightingale Ice Cream Sandwiches co-founder, CEO and President Hannah Pollack

Nightingale Ice Cream cancels expansion plans

Nightingale Ice Cream Sandwiches has canceled plans for a $5.8 million expansion into a new Richmond[...]

Youngkin, Senate Dems continue fight over university boards

Youngkin, Senate Dems continue fight over university boards

Virginia State Senate Democratic leaders are calling for George Mason University's rector to recuse [...]

Virginia 500: The 2025-26 Power List

Virginia 500: The 2025-26 Power List

Who are Virginia’s most powerful and influential leaders in business, government, politics and[...]

People

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ODU hires new VP for national security initiatives

15/9/2025

Bob Ritchie has been promoted to chief growth officer at SAIC. Courtesy SAIC

SAIC names chief growth officer

12/9/2025

BWXT announces new chief strategy officer

BWXT announces new chief strategy officer

11/9/2025

Regions

Nostalgia-fueled Colony House reopens

Nostalgia-fueled Colony House reopens

Thanks to $10 million in 21st-century improvements, Roanoke’s Colony House Motor Lodge will on[...]

Chesterfield zoning update moves forward

Chesterfield zoning update moves forward

Chesterfield County advances ZOMod, its zoning overhaul aligning rules with growth goals. Final vote[...]

Peninsula businesses to get capital boost

Peninsula businesses to get capital boost

Small and midsize businesses in distressed and underserved areas of Hampton and Newport News will be[...]

Marion museum aims to ‘Do the Dew’

Marion museum aims to ‘Do the Dew’

The Birthplace of Modern Mountain Dew museum is expected to draw thousands of tourists with a thirst[...]


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