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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Anthony Romanello
Economic Development 25 September 2, 2025

Economic Development 2025: ROMANELLO, ANTHONY J.

Romanello announced in August that he plans to leave his post as Henrico’s economic development leader, a position he’s held since 2019, after working as a deputy county manager. He previously was county administrator for Stafford County and worked in local government for Richmond and West Point. In April, the Henrico EDA filed a lawsuit […]

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

Banking | Finance 2025: KUHLMANN, DIETRICH

Last year, Kuhlmann took the helm of the world’s largest credit union, with $180.8 billion in assets and more than 14 million members, succeeding former leader Mary McDuffie. After retiring from the U.S. Navy as a rear admiral, Kuhlmann joined Navy Federal in 2019 as head of branch operations. He later worked as chief real […]

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

Banking | Finance 2025: HODGES, CECILIA A.

Hodges has worked in banking for nearly four decades. Leading M&T Bank’s greater Washington, D.C., and Virginia regions since 2018, she manages teams across more than 55 branches. A Virginia Tech graduate, Hodges grew up in Rocky Mount, where her parents ran a construction supplies store. In 2009, M&T Bank acquired Provident Bank, where Hodges was […]

Economic Development 2025: WAKEFIELD, JENNIFER
Economic Development 25 September 2, 2025

Economic Development 2025: WAKEFIELD, JENNIFER

Before assuming her current role leading the Greater Richmond Partnership in 2021, Wakefield twice served as interim president and CEO for the regional economic development organization representing Richmond and the counties of Chesterfield, Hanover and Henrico. She has also been its chief operating officer and senior vice president of marketing. Wakefield previously served as Orlando […]

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

Banking | Finance 2025: FRANTZ, MARK A.

Co-founded by Frantz in 2009, Blue Delta is a venture capital firm that backs growth-stage companies providing services to the federal government. In September 2024, Arlington-based ITC Federal, an IT services provider for federal government agencies focused on law enforcement and national security, announced it had received an investment from Blue Delta to help it […]

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

Banking | Finance 2025: GRIMM, ANDREW ‘ANDY’

When Grimm assumed leadership of Apple Federal Credit Union in 2017, it had 190,000 members and nearly $2.4 billion in assets. Today, it has nearly 270,000 members, 25 branches and $5.3 billion in assets. A sliver of that growth stems from a merger with Fairfax’s NextMark Credit Union, which was completed in January. Prior to the […]

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

Banking | Finance 2025: RYAN, TOM

When Ryan arrived at Langley Federal in 2012, the credit union had about $1.7 billion in assets and 165,500 members. It now boasts $5.5 billion in assets and 395,000 members. Earlier this year, Ryan announced his plans to retire at the end of 2025. (A successor had not been named as of press time for this […]

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

Banking | Finance 2025: STACK, JEAN

Before joining Baird, Stack worked for more than two decades in the government services, aerospace and defense sector at California-based investment bank Houlihan Lokey. At Baird, Stack advises executives on mergers and acquisitions, raising capital and other corporate strategies. Earlier this year, Baird served as the exclusive financial adviser for Kudu Dynamics, a Chantilly tech […]

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

Economic Development 2025: GRDEN, NANCY

A longtime regional economic development and maritime leader, Grden was key in the 2023 merger of Reinvent Hampton Roads and the Hampton Roads Business Roundtable. That resulted in the creation of the Hampton Roads Executive Roundtable, a support organization for GO Virginia Region 5, the regional arm of the statewide economic development initiative. Before leading […]

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

Banking | Finance 2025: SCHENCK, JAMES

Over the course of his military career, Schenck flew Black Hawk helicopters in Korea and trained others as a night vision goggle instructor pilot. He also worked on the Army staff in the Office of the Deputy Chief of Staff for Operations and Plans, a post with responsibilities for overseeing the flying hour program, which […]

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Top Stories

Dominion Energy's headquarters at 600 E. Canal St. in Richmond. Photo by Kira Jenkins/Virginia Business

Dominion Energy to be acquired in $66.8B all-stock deal

Fortune 500 utility Dominion Energy has entered into a definitive agreement to be acquired by Florid[...]

The U.S. Supreme Court building in Washington, D.C., U.S., May 11, 2026. REUTERS/Jonathan Ernst

US Supreme Court rebuffs Virginia Democrats in bid for new voting map

The U.S. Supreme Court on Friday rejected a bid by Virginia Democrats to revive a voting map designe[...]

7979 E. Boulevard Dr. in Fairfax County, known as River View, is set to go on the market May 20, 2026. Photo courtesy The Sobhi Group

Dan Snyder to list Northern Virginia estate again, this time for $49.9M

Former Commanders owner Dan Snyder plans to relist his Alexandria waterfront estate for $49.9 millio[...]

Cupid at The Cavalier Hotel

Cavalier Hotel, 2 other Virginia Beach hotels could be sold to Connecticut firm

The historic Cavalier Hotel and resort in Virginia Beach may soon be sold to a Connecticut-based rea[...]

Supporters depart a campaign rally against Virginia Democrats' proposed state redistricting constitutional amendment ahead of the referendum special election on April 21, in Bridgewater, Virginia, April 11, 2026. REUTERS/Ken Cedeno/File Photo

What’s next after Virginia Supreme Court’s redistricting decision?

The Virginia Supreme Court threw out a constitutional amendment that would have allowed the General [...]

The U.S. Supreme Court building in Washington, D.C., U.S., May 11, 2026. REUTERS/Jonathan Ernst

Virginia Democrats ask Supreme Court to revive their US House voting map

Virginia Democrats asked the U.S. Supreme Court to reinstate a congressional map aimed at boosting t[...]

People

BARBARA M. WOLCOTT

Hampton Roads real estate exec Barbara Wolcott retires

18/5/2026

Leidos has appointed longtime healthcare executive Amy Wykoff as senior vice president and chief product officer. Photo courtesy Leidos

Leidos hires new SVP and chief product officer

14/5/2026

Peraton Defense Sector President Gabe Camarillo. Photo courtesy Peraton

Peraton appoints KBR exec to lead its defense sector

8/5/2026

Regions

A rendering of the Valley Health Winchester Medical Center Mary Free Bed Rehabilitation Tower Rendering courtesy Valley Health

Valley Health to expand with two new buildings

Valley Health is expanding its Winchester campus with a $20.9 million behavioral health pavilion and[...]

A hydrogen power plant could be located at the Lonesome Pine Regional Business & Technology Park in Wise County. Photo courtesy Wise County Industrial Development Authority

Data center developers seek on-site energy in Wise

Wise County data center developers plan a $1 billion campus powered by hydrogen or natural gas, aimi[...]

Gov. Abigial Spanberger vetoed a bill that would have allowed a casino in the Tysons area. Photo by Adobe Stock

Spanberger says no to Fairfax casino with veto

Gov. Abigail Spanberger vetoed a bill that would have allowed a Fairfax County casino referendum, ci[...]

A rendering prepared by Cox, Kliewer & Co. of the data center rejected by Chesapeake City Council last year Rendering courtesy City of Chesapeake

Chesapeake considers stricter data center regulations

Chesapeake city officials consider new zoning rules to regulate data center development near residen[...]


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