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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Kotler_Arie
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: KOTLER, ARIE

An Israeli native, Kotler has led Arko, the nation’s sixth largest convenience store chain and parent company of GPM Investments, since 2020, when it merged with Haymaker Acquisition Corp. II to become a U.S.-listed public company. He founded GPM in 2003, sold the business in 2006 and reacquired it in 2011. The company has been on […]

Min_Edward
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: MIN, EUNHONG ‘EDWARD’

In February, StarKist announced Min had been appointed president and CEO of the food company that produces the iconic single-serve tuna pouches as well as other salmon-, chicken-, and beef-based products. StarKist is a direct wholly owned subsidiary of Dongwon Industries Co. Min succeeded Young Choi, who was announced as the company’s new leader in […]

Holm_George
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: HOLM, GEORGE L.

Holm became Performance Food Group’s leader in 2008 after more than four decades in the foodservice distribution industry, with leadership roles at Sysco, US Foods, Alliant Foodservice and Vistar. He became president and CEO of PFG when the Blackstone Group and Wellspring Capital Management purchased PFG and merged it with a subsidiary of Vistar, where […]

Hermida_Yuri
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: HERMIDA, E. YURI

As a result of Sauer Brands’ acquisition by private equity firm Advent International from Falfurrias Capital Partners this year, Hermida became CEO of the 138-year-old condiments and seasonings company in March. Specific terms of the deal were not disclosed, but Bloomberg valued it at approximately $1.5 billion. Hermida most recently was executive vice president and chief growth […]

Gramm_Jim
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: GRAMM, JAMES

In 1983, barely five years after graduating from high school in Alexandria, Gramm sold two new cars on his first day as a sales rep at a dealership in Vienna. “The retail automobile business has been in my blood ever since,” he says. Gramm worked in car sales in Virginia and Maryland, becoming vice president of […]

Hamilton_Jeff
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: HAMILTON, JEFF

Hamilton stepped in as CEO of Arlington-based Nestlé’s Zone Americas division and joined the executive board on July 1. He succeeded Steve Presley, who worked at the company for almost 30 years. Hamilton previously served as business head of Purina PetCare Zone Europe. Now, he oversees Nestlé’s business in North America, Latin America and the […]

Farino_Dale
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: FARINO, DALE

A former board vice chair, Farino was named CEO of Virginia Alcoholic Beverage Control Authority in April 2024, succeeding Travis Hill, who led the agency for nearly a decade. Farino was executive vice president of Sandston-based Breakthru Beverage Virginia and previously worked at Tidewater Wholesalers and Coca-Cola Bottling. He also was president of the Virginia […]

Foster_Watt
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: FOSTER JR., WATT R.

In 1989, Foster bought Foster Fuels from his father, the late Watt R. “Bobby” Foster Sr. The younger Foster marks the third generation to run the family business, which was founded in 1921. A James Madison University alumnus, Foster held the titles of CEO and president until January 2024, when the company named a new […]

Fisher_ArthurBo
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: FISHER III, ARTHUR ‘BO’

Fisher Auto Parts, one of the nation’s largest automotive-parts retailers with about 500 locations, is a family affair. Blair Coiner, Bo Fisher’s grandfather, founded the company in 1929 as a small auto-parts sales concern, and it grew under the leadership of Fisher’s father, Art, who died in 2004. A James Madison University graduate, the younger […]

Davis_Mike
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: DAVIS, MICHAEL

In January 2024, Davis assumed the role of CEO at Cort Business Services, a Berkshire Hathaway-owned company that includes Cort Furniture Rental, Cort Trade Show and Events, and other businesses. Cort has more than 100 offices, rental showrooms and retail furniture outlets nationally and provides furniture rentals in more than 80 countries. A member of […]

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Top Stories

Virginia Gov. Glenn Youngkin speaks at a Sept. 16, 2025, news conference announcing a $5 billion Eli Lilly pharmaceutical manufacturing plant for Goochland County. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technolo[...]

Tatia Daniels Granger. Photo courtesy Averett University

Averett University names next president, its fourth in 18 months

Tatia Daniels Granger becomes Averett University's fourth president in 18 months as the Danville sch[...]

KevinMurphy_500Web

Ferguson planning $1.6B acquisition of Texas valve distributor

Ferguson Enterprises announced that it has agreed to acquire FloWorks for $1.6 billion from private[...]

Michael LaRouche. Photo courtesy Serco

Serco CEO is leaving to lead KBR spinoff

Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Tec[...]

At the Norfolk International Terminals, four ultra-large container vessel berths are in operation. Photo courtesy Port of Virginia

Virginia ranks No. 3 in CNBC Top States for Business list

Virginia is ranked third in the annual CNBC Top States for Business list, up one spot from last year[...]

Server room interior in datacenter. Depositphotos

Prince William supervisors reject another big data center project

The Prince William County Board of Supervisors on Tuesday night rejected a comprehensive plan amendm[...]

People

Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026

Diana Cantor. Photo courtesy VCU Health

Richmond-area attorney is first elected chair of VCU Health

15/7/2026

Robin-Rossmann

CoStar taps European managing director as next CFO

15/7/2026

Regions

Newport News, Virginia Tech and state officials on April 22 hold a ribbon cutting to celebrate SEFC’s opening. Photo by Josh Janney/Virginia Business

Energy tech hub opens in Newport News

The Secure Energy Future Center backed by Virginia Tech opens in Newport News with $2.7 million fund[...]

The new Volvo VNR 300 was introduced in February. Photo courtesy Volvo Trucks North America

Volvo Trucks’ Dublin plant rolls out regional hauler

Volvo Trucks North America’s Dublin plant has begun production of the new VNR regional hauler, boo[...]

Tenaska, a Nebraska energy company, hopes to build a battery energy storage project near Leesburg. Photo by Alamy

$750M battery storage project eyed in Loudoun

Energy company Tenaska is seeking approval for a $750 million, 425-megawatt battery energy storage p[...]

A rendering of Virginia Technology Park, a data center campus proposed in Frederick County Image courtesy Frederick County

Valley communities prepare for data centers

As interest in data centers grows across Virginia, Shenandoah Valley communities are debating how to[...]


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