Recent Articles from Virginia Business
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: 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: 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
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 [[...]
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: 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: 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: 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: 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
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 […]