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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

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 […]

Government Contractors | Technology 2025: RHYU, JAMES J.
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: RHYU, JAMES J.

Rhyu joined for-profit education tech company Stride in 2013 and has served as its CEO since 2021. Founded in 2000 as K12, Stride offers career-learning services for middle and high school curricula, programs for businesses and the military, and professional skills training in health care and technology for adult learners. Stride reported just over $2 […]

Education 2025: MCDONNELL, KARL
Education 25 September 1, 2025

Education 2025: MCDONNELL, KARL

Focused primarily on online learning for working adults, Strategic Education was formed in 2018 through the $2 billion merger of Strayer Education and Capella Education. Year-over-year revenue for Strategic Education increased nearly 5% in the first quarter of this year. McDonnell previously served as president and CEO of Strayer, which he joined in 2006. He […]

Government Contractors | Technology 2025: FERNANDEZ, RAUL
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: FERNANDEZ, RAUL

A Maryland native, Fernandez was named president and CEO of Fortune 500 IT services and consulting company DXC Technology in 2024 after serving as interim head. He succeeded former CEO Mike Salvino following three years of declining revenues. In May, the company’s board extended Fernandez’s contract through 2028. Headquartered in Ashburn, DXC has roughly 130,000 […]

Government Contractors | Technology 2025: HAYES, ROBIN
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: HAYES, ROBIN

Hayes began his career in aviation by delivering duty-free items to passengers at Boston’s Logan International Airport. In 2024, he became chairman and CEO of Airbus Americas, leading European corporation Airbus SE’s commercial aircraft business and coordinating among its helicopter, space and defense businesses in North America. Hayes was previously JetBlue’s CEO. Hayes took on […]

Government Contractors | Technology 2025: PETERS, MARK
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: PETERS, MARK

Peters succeeded Jason Providakes as president and CEO of Mitre, a not-for-profit research and development corporation that manages federally funded R&D centers, in September 2024. Mitre has more than 60 sites worldwide, employing about 8,000 workers and more than 200 labs. Peters served as executive vice president of laboratory management and operations at Charlottesville’s Battelle [&helli[...]

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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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