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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

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

Economic Development 2025: SEGURA, JUAN PABLO

In March, reports circulated that Gov. Glenn Youngkin had tried to shift then-Commerce and Trade Secretary Caren Merrick to secretary of natural resources so that Segura, then Merrick’s deputy secretary, could have her post. Merrick left the administration instead. The son of billionaire ENSE Group Chairman Enrique Segura, Juan Pablo Segura ran as the GOP candidate in […]

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

Banking | Finance 2025: WILBANKS, WAYNE F.

Wilbanks developed an interest in stocks and bonds at the age of 14. As a 16-year-old, he formed an investment partnership with other students. “I was hooked,” Wilbanks has said of his career trajectory. A Duke graduate, Wilbanks co-founded Norfolk’s Wilbanks Smith & Thomas Asset Management in 1990, serving as the firm’s managing principal and […]

Economic Development 2025: STEPHENS, BRYAN K.
Economic Development 25 September 2, 2025

Economic Development 2025: STEPHENS, BRYAN K.

A 2025 Virginia C-Suite Awards winner, Stephens took the helm of the Hampton Roads Chamber in 2013. The organization advocates for business in the region, which is home to Naval Station Norfolk, the world’s largest naval complex, as well as significant manufacturing and hospitality sectors. With a five-star accreditation by the U.S. Chamber of Commerce, […]

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

Banking | Finance 2025: HUTCHINS, MICHAEL T.

It’s musical chairs at Freddie Mac, Virginia’s top-ranked company on Fortune’s U.S. and Global 500 lists. In March, Hutchins became the government-sponsored home mortgage company’s interim CEO for the second time in a year after the Trump administration fired Diana Reid, who’d served as CEO just over six months. It’s a pivotal time for Freddie […]

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

Banking | Finance 2025: MCLAUGHLIN, SHANE

In 2024, McLaughlin quietly stepped into the role of regional bank president for Washington, D.C., Northern Virginia and much of Maryland, following the exit of John Allen, who had been the region bank president for D.C. and Maryland. Allen is now executive vice president and chief banking officer of City First Bank. A Virginia Tech alumnus, […]

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

Economic Development 2025: BENEVENTO, JOE

Benevento was named Virginia Innovation Partnership Corp.’s permanent leader in April 2024. He’d served as interim leader since September 2023, succeeding Bob Stolle. The nonprofit arm of a state entity established by the General Assembly, VIPC provides strategic commercialization and funding support for Virginia- based tech startups. VIPC’s Virginia Invests initiative is expect[...]

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

Banking | Finance 2025: GOETZMAN, NEIL

Goetzman’s father worked for Merrill Lynch for nearly four decades before retiring in 2000, according to AdvisorHub. At first, it seemed the apple hadn’t fallen far from the tree. Goetzman started with Merrill Lynch in 1987. But, in 2020, he took a different path. That year, Goetzman, along with partner Jeffrey A. Nau, left Merrill’s […]

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

Banking | Finance 2025: SCHOOLS, BRIAN

Over the decade that Schools has led the Virginia Beach-based credit union, Chartway has grown to nearly $3.1 billion in assets and 260,000 member-owners. With locations in Utah, Texas and Virginia, the credit union has more than 600 employees. Among new developments: Chartway opened a new East Beach branch in Norfolk in December 2024 and […]

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

Banking | Finance 2025: NOEL, TYRONE

Noel became president of Bank of America’s Hampton Roads market in 2023. In this role, Noel leads 500 employees across eight business lines. Additionally, Noel continues to serve as Merrill Wealth Management market executive for Greater Virginia, a role he’s also held since 2023. Noel joined Merrill, Bank of America’s investment and wealth management division, […]

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 […]

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Top Stories

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

Depositphotos

Avio USA picks Virginia for $500M solid rocket motor factory

Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. [...]

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton will invest over $50 million to expand its existing manufacturing footprint in Henrico County [...]

Stocks slip as S&P 500 pulls back from record high

University board fight ends; Spanberger to fill 22 seats

The legal battle between Gov. Glenn Youngkin and state Senate Democrats over university boards of vi[...]

On Dec. 7, 2025, the $36 billion Mars-Kellanova acquisition was approved by the EU Commission.

EU approves $36B Mars-Kellanova buy; deal to close this week

McLean-based candy and pet care giant Mars has received the European Union's blessing to acquire Kel[...]

Boeing completes $4.7B Spirit AeroSystems purchase

Boeing completes $4.7B Spirit AeroSystems purchase

Boeing has finalized its $4.7B acquisition of Spirit AeroSystems, bringing 737 Max fuselage producti[...]

People

Fritz Sassine. Photo courtesy Virginia General Assembly

Virginia legislature appoints new automated systems director

9/12/2025

Greg Weatherford. Photo courtesy Virginia State Corporation Commission

SCC names new comms director

8/12/2025

Christiansburg-based financial institution Appalachian Community Capital has named Daniel Wallace its next president and CEO. Photo Courtesy Appalachian Community Capital

Appalachian Community Capital announces new CEO

5/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

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[...]


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