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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: 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[...]

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 […]

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Top Stories

A data center in Ashburn. Photo by Emily Richardson/CNS

House subcommittee punts on data center bill, but hopes to ‘continue the work’

Virginia lawmakers heard testimony for and against the measure before continuing the bill to 2027.

Jim and Augustine Smith. Photo courtesy of the Smiths.

Couple donates $20M for Virginia Tech medical scholarships

A $20M gift to Virginia Tech Carilion School of Medicine will fund in-state scholarships and help ad[...]

MacArthur Center mall was built in 1999. The city announced it will be demolished this year to make way for a redevelopment. Photo courtesy Norfolk Convention & Visitors Bureau Offices

Norfolk’s MacArthur Center to be demolished this year

The city of Norfolk announced Friday that it will close and demolish the MacArthur Center mall as pa[...]

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head Provisions reopened its Jarratt meat plant Monday, roughly a year and a half after clo[...]

Gov. Abigail Spanberger speaks during the InternshipsVA event Feb. 4, 2026, at the Omni Hotel Richmond. Photo courtesy Virginia Economic Development Partnership

State commits $14.5M yearly for new paid internship program

Virginia political, higher education and economic development leaders announced InternshipsVA, a new[...]

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google could spend $3B building Botetourt data centers

State documents reveal Google’s plan for a data center campus in Botetourt County that could cost [...]

People

VPM announced that longtime financial executive Ed Brown has joined the company as its new chief financial officer. Photo courtesy VPM

Richmond public media company taps new CFO

11/2/2026

Steven S. Diel. Photo courtesy Universal Corp.

Universal Corp. names CFO after withdrawing offer to another

10/2/2026

BWX Technologies has promoted IT executive, Kurt Bender, to senior vice president and chief digital officer. Photo courtesy BWX Technologies

BWXT taps new chief digital officer

9/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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