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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

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

Banking | Finance 2025: ROBBINS, KEVIN

When considering whether to invest, Robbins takes a long look at the entrepreneur behind the venture. “We have to get the read right on partnering with exceptional founders who want to get better and who will welcome our advice, counsel and experience,” he says. Robbins has had a while to figure out this recipe for […]

Economic Development 2025: BELCHER, JONATHAN S.
Economic Development 25 September 2, 2025

Economic Development 2025: HOSKINS, VICTOR

Following the second Trump administration’s federal workforce and spending cuts, Hoskins has worked hard to help displaced federal workers and government contracting employees. “We’re doing everything that we can, but the scale may outpace us pretty soon,” Hoskins told The New York Times in June. Nevertheless, Fairfax County has enjoyed notable economic development wins in [&hellip[...]

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

Banking | Finance 2025: SMITH, GREGORY S.

An Arizona native, Smith moved to Virginia in 1994. After completing a master’s degree in psychology at George Mason University, he earned a certificate in financial planning from the Florida Institute of Technology’s Virginia campus. Later, he received a master’s degree from the College for Financial Planning. Smith put together the Wise Investor Group’s financial [&hellip[...]

Economic Development 2025: BELCHER, JONATHAN S.
Economic Development 25 September 2, 2025

Economic Development 2025: HAYMORE, TODD P.

Since 2018, Haymore has led the global economic development consultancy within Hunton Andrews Kurth, the second largest Virginia-based law firm. He previously served as Virginia’s secretary of commerce and trade under Gov. Terry McAuliffe and secretary of agriculture and forestry for Gov. Bob McDonnell. A Danville native, Haymore is a former executive for tobacco companies […]

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

Banking | Finance 2025: JOHNSON, JERMAINE

Johnson leads operations in Virginia and the Washington, D.C., metro area for Pittsburgh-based PNC Financial Services Group, one of the nation’s 10 largest banks, with assets of about $554.7 billion. In May, Johnson, who joined PNC in 2005 as a vice president, joined in a celebration marking the 20th anniversary of the Fortune 500 bank […]

Government Contractors | Technology 2025: WASSON, JOHN
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: WASSON, JOHN

Since joining ICF International in 1987, Wasson has risen to become the global consulting and technology services provider’s chairman and CEO. During the past two decades, ICF has doubled in size every five years on average. It reported fiscal 2024 revenue of $2 billion, up 6% from the previous year. Wasson, an alumnus of University […]

Government Contractors | Technology 2025: SMITH, CAREY A. 
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: SMITH, CAREY A. 

A seven-time winner of Executive Mosaic’s Wash100 Award recognizing leading government contracting executives, Smith joined Fortune 1000 defense contractor Parsons in 2016 and quickly rose through its ranks. Smith helped take Parsons public in 2019 and led its acquisition and integration of many companies, including its $89 million acquisition of Chesapeake Technology International in July, [...]

Energy 2025: BLUE, ROBERT M. ‘BOB’
Energy 25 September 1, 2025

Energy 2025: BLUE, ROBERT M. ‘BOB’

Blue oversees Fortune 500 utility Dominion, which has 14,700 employees and provides regulated electricity service to 3.6 million customers in Virginia, North Carolina and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina. Blue began his career with Dominion as managing director of state affairs and corporate policy in 2005. After […]

Energy 2025: SABEL, MIKE
Energy 25 September 1, 2025

Energy 2025: SABEL, MIKE

Sabel, a billionaire former investment banker, co-founded Venture Global in 2013 with finance lawyer Robert Pender, exporting U.S.-produced liquefied natural gas. In January the company went public, and shares opened nearly 4% below its $25 IPO price, earning a valuation of $58.2 billion, and its stock fell to a low of $7 in April, although […]

Government Contractors | Technology 2025: BRADY, CHRIS
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: BRADY, CHRIS

Brady has led General Dynamics Missions Systems, a business unit of the Reston-based Fortune 100 aerospace and defense contractor General Dynamics, since 2019, after serving as vice president of engineering. He oversees more than 12,000 workers across more than 75 facilities worldwide. GDMS manufactures and integrates intelligence, surveillance and reconnaissance systems, communications systems an[...]

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Top Stories

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 350 employees

Goochland County-based Fortune 500 used car retailer CarMax is laying off about 350 employees nation[...]

Construction workers, bottom right, atop the U.S. Treasury, watch as work continues on a largely demolished part of the East Wing of the White House on Oct. 23, 2025, before construction of a new ballroom. (AP Photo/Jacquelyn Martin)

Two Virginia companies donate to White House ballroom project

Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million Whi[...]

A bronze statute of Lady Justice holding scales

Virginia Supreme Court hears $2B trade secrets case

McLean-based software company Appian argued it should receive the record-breaking $2.04 billion jury[...]

Amazon to pay $2.5B in FTC Prime membership settlement

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artif[...]

Disney to build its 7th theme park, this one in the United Arab Emirates

Booz Allen Hamilton announces new round of layoffs

Booz Allen Hamilton is initiating another round of layoffs amid declining revenues in its most recen[...]

The 2025 Virginia Black Business Leaders Awards: The Achievers

Townes-Whitley out as SAIC’s CEO after two years

Toni Townes-Whitley is out as CEO of Fortune 500 government contractor Science Applications Internat[...]

People

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Botetourt hires new economic development director

30/10/2025

Paul Phillips will retire from Freedom First at the end of 2026. Photo courtesy Freedom First Credit Union

Freedom First credit union CEO to retire in 2026

29/10/2025

Former Western Virginia acting U.S. attorney resigns, enters private practice

Former Western Virginia acting U.S. attorney resigns, enters private practice

17/10/2025

Regions

Digital Gateway opponents score legal win

Digital Gateway opponents score legal win

A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding wi[...]

Federal funding repeals could halt rural broadband expansion

Federal funding repeals could halt rural broadband expansion

The much-heralded broadband expansion efforts in Southwest Virginia may not come to fruition after a[...]

Danville invests $3 million to prep Coleman site

Danville invests $3 million to prep Coleman site

In July, Danville City Council members OK’d an infusion of funding for 158 acres on Gypsum Roa[...]

Data centers stir debate in Frederick

Data centers stir debate in Frederick

After rejecting two major data centers, Frederick County supervisors back a fact sheet to study impa[...]


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