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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

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[...]

Government Contractors | Technology 2025: TOWNES-WHITLEY, TONI
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: TOWNES-WHITLEY, TONI

In 2023, Townes-Whitley took the reins of federal contractor SAIC, becoming one of only two Black women who currently lead Fortune 500 companies as CEOs. SAIC, which has about 24,000 employees, reported fiscal 2025 revenue of $7.48 billion, an increase from $7.44 billion from fiscal 2023. In June, SAIC received a $928 million U.S. Air […]

Government Contractors | Technology 2025: WILKINSON, KARI
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: WILKINSON, KARI

In January, Wilkinson took over leadership of Newport News Shipbuilding, a division of HII and the state’s largest industrial employer, with more than 26,000 workers. She succeeds Jennifer Boykin, who retired. Wilkinson spent three decades at HII’s Mississippi-based Ingalls Shipbuilding, becoming its president in 2021. She oversaw 11,000 workers who design, build and maintain amphibiou[...]

Health Care 2025: PESICKA, EDWARD A.
Health Care | Biotech | Pharmaceuticals 25 September 1, 2025

Health Care 2025: PESICKA, EDWARD A.

Pesicka became CEO of Fortune 500 health care logistics and supply company Owens & Minor in 2019. In 2023, he announced a five-year strategic plan for the company to increase profits and reduce costs. Owens & Minor reported $10.7 billion in fiscal 2024 revenue, up from $10.3 billion in 2023. The company has been engaged […]

Government Contractors | Technology 2025: LYNN III, WILLIAM J. ‘BILL’
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: LYNN III, WILLIAM J. ‘BILL’

Following the completion of an all-stock merger in 2022 with Israel-based radar company Rada Electronic Industries, defense contractor Leonardo DRS went public, with Lynn ringing the closing bell at the Nasdaq. Leonardo DRS’ parent company, Italian defense contractor Leonardo SpA, retains 80.5% ownership of the company. Lynn has led Leonardo DRS since 2012. He served […]

Government Contractors | Technology 2025: WARDEN, KATHY
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: WARDEN, KATHY

After previously serving as its president and chief operating officer, in 2019 Warden was named CEO of Northrop Grumman, one of the world’s largest aerospace and defense companies. No. 68 on Fortune’s 2025 list of the world’s 100 Most Powerful Women, Warden worked for General Dynamics and Veridian before joining Northrop Grumman in 2008. Ranked […]

Education 2025: COSTIN, MAJ. GEN. DONDI E. (U.S. AIR FORCE, RET.)
Education 25 September 1, 2025

Education 2025: COSTIN, MAJ. GEN. DONDI E. (U.S. AIR FORCE, RET.)

Costin, a retired 32-year Air Force veteran who went on to serve five years as president of Charleston Southern University, became president of Liberty in 2023 during a time of turmoil. The private evangelical university was rocked by the 2020 ouster of former President and Chancellor Jerry Falwell Jr., the late founder’s son, and in […]

Education 2025: KRESS, ANNE M.
Education 25 September 1, 2025

Education 2025: KRESS, ANNE M.

After starting her post-secondary education career as a faculty member teaching English, Kress now presides over Virginia’s largest community college — and one of the nation’s largest — with more than 70,000 students across six campuses, including NOVA’s Medical Education Campus in Springfield. This year, NOVA opened its new data center operations training center in […[...]

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Top Stories

A Radford native, John Asbury traveled all over the country for his banking career but returned to Virginia in 2016 to lead Atlantic Union Bank. Photo courtesy Atlantic Union Bank

2025 Virginia Business Person of the Year: John Asbury | Atlantic Union Bank

Atlantic Union CEO John Asbury is Virginia Business’ 2025 Business Person of the Year, recognized [...]

The University of Virginia Rotunda. Photo by Jay Paul

U.Va. continues presidential search, despite Spanberger’s call for pause

The University of Virginia's presidential search committee has continued its work in hiring a succes[...]

Lawmakers grapple with Virginia’s increasing energy demand

Virginia SCC approves Dominion gas plant in Chesterfield

Dominion Energy's $1.47 billion natural gas power plant in Chesterfield County received the Virginia[...]

Depositphotos

Amazon to invest $50B to expand federal AI, computing capacity

Amazon plans to invest up to $50 billion to expand artificial intelligence and supercomputing capaci[...]

Retail | Wholesale

Performance Food Group and US Foods terminate merger talks

Goochland County-based Fortune Global 500 company Performance Food Group and US Foods have scrapped [...]

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[...]

People

Brad Pelachyk, the new chief global supply chain officer for BAE Systems.

BAE Systems promotes VP to chief global supply chain officer

24/11/2025

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

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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