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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Virginia 500: The 2025-26 Power List
News September 2, 2025

Agriculture 2025: WIGNER, PRESTON D.

Wigner took the helm at Universal in October 2024, succeeding George C. Freeman, who retired after 16 years of running the world’s leading supplier of leaf tobacco. Wigner, who joined Universal in 2003, was appointed the agriproducts company’s senior vice president in 2023, as part of a succession planning process. Previously, he’d served as the […]

Nonprofits | Philanthropy 2025: GHANIM, ISAM
Nonprofits | Philanthropy 25 September 2, 2025

Nonprofits | Philanthropy 2025: GHANIM, ISAM

Ghanim returned to ChildFund International in 2022, becoming its ninth president and CEO. He previously was vice president for the Africa region, vice president of global operations and executive vice president for programs before leaving to serve as Search for Common Ground’s president in 2018. ChildFund, previously named the Christian Children’s Fund, spent $169 million […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: LAUSTER, RONALD

President since 2018, Lauster manages a wide array of projects at the firm with $725 million in fiscal 2024 revenue. W.M. Jordan took on the second phase of the Norfolk-based Nauticus renovation and expansion, and Old Dominion University’s $184 million biological sciences building, the university’s largest academic building now under construction, for which the company […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: SCHALL, BENJAMIN

Before becoming CEO in 2022, Schall joined AvalonBay as president in 2021. He also sits on the publicly traded real estate investment trust’s board of directors. AvalonBay acquires, develops and manages multifamily communities around the country, primarily focusing on metropolitan areas in New England, the mid-Atlantic, the Pacific Northwest and California. The company reported over [&hellip[...]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: LEON, MILES

As leader of one of the largest real estate development companies in the southeastern United States, Leon is responsible for all company operations and new business development. Founded in 1906, Nusbaum has a property management portfolio exceeding 30,000 multifamily units. Among other deals, the company is handling Texas convenience store chain Buc-ee’s expansion into the […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: ROY, KIM

In 2017, Roy became the first nonfamily member to lead the then-80-year-old Hitt company. Interested in building from a young age, she graduated from Virginia Tech with a bachelor’s degree in construction and joined Hitt in 1999 as an assistant project manager. Founded in 1937, Hitt has more than 2,000 employees across 14 U.S. office […]

Real Estate 2025: LITTON JR., T. RICHARD
Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: LITTON JR., T. RICHARD

Litton oversees the day-to-day operations of the commercial real estate and management company, which currently boasts $20 billion in real estate investment properties, with diversified property portfolios including office, retail and multifamily properties. Litton also manages Harbor Group International’s transaction group, chairs the firm’s investment and credit committees and is a m[...]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: LUGG, RICK

In January, Lugg became Virginia Realtors’ new head, succeeding Terrie Suit, who retired last fall. Martin Johnson, the organization’s chief external affairs officer, served as interim CEO. Virginia Realtors represents nearly 35,000 Realtors and is billed as the state’s largest trade association. Lugg joined the organization in 2009 and was most recently its chief financial [&hel[...]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: LOWHAM, MARK C.

Since 2011, Lowham has led the Washington, D.C., office of the luxury real estate company, where he sells residential real estate to the rich and famous. In 2025, he was once again named to T3 Sixty’s Swanepoel Power 200 list, a ranking of the country’s top leaders in residential real estate. He is ranked among […]

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Real Estate | Architecture | Construction | Development | Engineering  25 September 2, 2025

Real Estate 2025: SCHOPPMANN, KYLE M.

With more than 20 years of experience in commercial real estate sales strategy, training and professional development, Schoppmann leads six offices in Virginia, Maryland and Washington, D.C. She joined CBRE in 2007 as managing director of brokerage services in New York City, and in 2020, she was promoted to the real estate giant’s mid-Atlantic division. […]

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Top Stories

An Amazon employee delivers packages in downtown San Francisco, California, U.S., January 26, 2026. REUTERS/Carlos Barria

Amazon axes 16,000 jobs as it pushes AI and efficiency

Amazon confirmed 16,000 corporate job cuts, bringing total layoffs to 30,000, as CEO Andy Jassy push[...]

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 [...]

People

Tina Leone. Photo courtesy River District Association

Danville’s River District Association has new leader

28/1/2026

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

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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