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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Manufacturing 2025: HOFF, JEREMY R.
Manufacturing 25 September 2, 2025

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
Manufacturing 25 September 2, 2025

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: GOTTWALD, THOMAS E. ‘TEDDY’
Manufacturing 25 September 2, 2025

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
Manufacturing 25 September 2, 2025

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
Manufacturing 25 September 2, 2025

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 […]

Banking | Finance 2025: ASBURY, JOHN C.
Banking | Finance 25 September 2, 2025

Banking | Finance 2025: DI RITA, LAWRENCE ‘LARRY’

Di Rita has led the greater D.C. market for Bank of America since 2019. He’s also the bank’s head of global public policy. Bank of America posted $27.1 billion in net income in 2024, a 2.33% increase from 2023, and had $3.26 trillion in total assets, a 2.56% increase compared to 2023. Di Rita joined […]

Manufacturing 2025: HÖGBERG, FREDRIK 
Manufacturing 25 September 2, 2025

Manufacturing 2025: HÖGBERG, FREDRIK 

A native of Sweden, Högberg became president of Volvo Penta North America in 2022. He joined Volvo Group in 1994 and has held a variety of positions, including in digital services, retail development and aftermarket sales. He previously was senior vice president for services, solutions, digital and IT for Mack and Volvo Trucks North America. […]

Banking | Finance 2025: BERNERT III, LAWRENCE ‘LARRY’
Banking | Finance 25 September 2, 2025

Banking | Finance 2025: BERNERT III, LAWRENCE ‘LARRY’

After Clearstead Advisors, an Ohio-based financial advisory firm, acquired the assets of Norfolk-based Wilbanks Smith & Thomas Asset Management last year, Bernert’s job evolved from WST’s principal to senior managing director for Clearstead Advisory Solutions. Prior to the acquisition, WST boasted more than $5 billion of assets under management, which it added to Clearstead’s[...]

Manufacturing 2025: IBAÑEZ, JESUS
Manufacturing 25 September 2, 2025

Manufacturing 2025: IBAÑEZ, JESUS

Ibañez joined Lego Manufacturing Virginia in January to oversee hiring and construction of the Danish toymaker’s $1 billion Chesterfield County facility, bringing two decades of executive leadership in multiple countries. He previously served as vice president of operations at Lego’s plant in Monterrey, Mexico, and was executive operations director for tire company Bridgestone. Before[...]

Banking | Finance 2025: ASBURY, JOHN C.
Banking | Finance 25 September 2, 2025

Banking | Finance 2025: FAIRBANK, RICHARD

After earning an economics degree and an MBA from Stanford University, Fairbank landed at Virginia’s Signet Bank, where he co-created the business that became Capital One, the Fortune Global 500 credit card giant. Fairbank became CEO in 1994 during Capital One’s initial public offering. In 2024, the bank reported $39.1 billion in revenue, a 6.3% […]

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Top Stories

Server room interior in datacenter. Depositphotos

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn You[...]

A Capital One sign in front of a glass-paneled building

FDIC files counterclaim against Capital One in special assessment case

This week the Federal Deposit Insurance Corp. filed a counterclaim against McLean-based bank Capital[...]

Flags wave on the roof of the State Capitol in Richmond, Va. Feb. 26, 2011. (AP Photo/Steve Helber)

Virginia Senate Democrat files right-to-work repeal bill

Democratic state Sen. Jennifer Carroll Foy has filed legislation to repeal Virginia's right-to-work [...]

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Amazon buys 189 acres in Prince William tech park for $700M

Amazon Data Services has bought approximately 188.5 acres in Prince William County for a whopping $7[...]

Stephen Edwards tapped for national port association board

Edwards to step down as Port of Virginia CEO

Stephen A. Edwards is stepping down at the end of the year as the Virginia Port Authority's CEO and [...]

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Ex-U.Va. president alleges board members ‘complicit’ in exit

Former University of Virginia president Jim Ryan on Friday sent a 12-page letter to the university's[...]

People

Tara Y. Harrison is retiring as the chief financial officer of Charlottesville-based Virginia National Bank. Photo courtesy Virginia National Bank.

Virginia National Bank CFO to retire

20/11/2025

McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer. Photo courtesy Bogart Wealth

Bogart Wealth announces new COO

19/11/2025

Regent University names law school dean

Regent University names law school dean

13/11/2025

Regions

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

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]

Roanoke remembers Hurricane Juan’s 1985 toll

Roanoke remembers Hurricane Juan’s 1985 toll

Forty years ago, remnants of Hurricane Juan dumped buckets of rain on the Roanoke Valley for days. T[...]

Newport News airport shifting beyond commercial flights

Newport News airport shifting beyond commercial flights

Following years of declining commercial air travel, the Newport News-Williamsburg Airport is expandi[...]


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