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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Hoskins_Victor
Economic Development 25 September 2, 2025

Economic Development 2025: HOSKINS, VICTOR

Following the second Trump administration’s federal workforce and spending cuts, Hoskins has worked hard to help displaced federal workers and government contracting employees. “We’re doing everything that we can, but the scale may outpace us pretty soon,” Hoskins told The New York Times in June. Nevertheless, Fairfax County has enjoyed notable economic development wins in [&hellip[...]

Smith_Gregory
Banking | Finance 25 September 2, 2025

Banking | Finance 2025: SMITH, GREGORY S.

An Arizona native, Smith moved to Virginia in 1994. After completing a master’s degree in psychology at George Mason University, he earned a certificate in financial planning from the Florida Institute of Technology’s Virginia campus. Later, he received a master’s degree from the College for Financial Planning. Smith put together the Wise Investor Group’s financial [&hellip[...]

Haymore_Todd
Economic Development 25 September 2, 2025

Economic Development 2025: HAYMORE, TODD P.

Since 2018, Haymore has led the global economic development consultancy within Hunton Andrews Kurth, the second largest Virginia-based law firm. He previously served as Virginia’s secretary of commerce and trade under Gov. Terry McAuliffe and secretary of agriculture and forestry for Gov. Bob McDonnell. A Danville native, Haymore is a former executive for tobacco companies […]

Johnson_Jermaine
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 […]

WASSON
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 […]

SMITH
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, [...]

Blue
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 […]

Sabel
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 […]

BRady
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[...]

TOWNES-WHITLEY
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 […]

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Top Stories

Newport News Shipbuilding marked its 140th anniversary this year. A division of Huntington Ingalls Industries, the shipyard is Virginia’s largest industrial employer. Photo courtesy Huntington Ingalls Industries

Milestones: Virginia companies going the distance

While the first few years in business are notoriously challenging for entrepreneurs, even milestones[...]

Rhyu. Photo courtesy Stride

CEO of ed tech provider Stride out after 5+ years

Stride CEO James Rhyu is out after more than five years leading the Reston-based education technolog[...]

McInerney_Tom-HighRes-1

Genworth CEO takes leave of absence

Genworth Financial President and CEO Thomas McInerney has taken a leave of absence; CFO Jerome Upton[...]

Server room interior in datacenter. Depositphotos

Loudoun supervisors mull data center moratorium

Loudoun County Board of Supervisors voted 6-1 to direct staff to prepare an item placing a moratoriu[...]

Depositphotos_888565840_XL

Virginia joins 12 states alleging Nexstar, Tegna violating hold separate order

Virginia Attorney General Jay Jones alleges Nexstar and Tegna violate a court order halting their me[...]

Depositphotos_323174070_S

Chesapeake approves 8-month pause on data center applications

Chesapeake City Council voted to pause consideration of data center applications for up to eight mon[...]

People

Monica Baskin. Photo courtesy Virginia Commonwealth University

VCU names director for Massey Comprehensive Cancer Center

28/7/2026

Hernandez-Brown-header

Guidehouse appoints new CFO and chief transformation officer

24/7/2026

Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026

Regions

Then-Gov. Glenn Youngkin joined Merck & Co. at the October 2025 groundbreaking for Merck’s $3 billion expansion in Elkton. Photo by Kaitlyn DeHardie, Office of Gov. Glenn Youngkin

Big deals: Pharma, manufacturing make splash in Virginia

Anticipated to create at least 100 jobs apiece, these economic development announcements were some o[...]

David Perry, executive director of the Blue Ridge Land Conservancy, stands in front of a section of Evans Spring. Photo by Natalee Waters

Roanoke’s largest undeveloped tract remains in limbo

The fate of Roanoke’s 150-acre Evans Spring site remains uncertain as city council allows conserva[...]

James Madison University President James C. Schmidt’s strategic plan for the university, the Madison Promise, aims to generate a $2 billion economic impact on the commonwealth during the next 14 years. Photo courtesy James Madison University

JMU eyes $2 billion economic impact by 2040

James Madison University plans to generate a $2 billion economic impact in Virginia by 2040 through [...]

AeroFarms opened its Ringgold facility in 2022. Photo by Hannah King

After near shutdown, AeroFarms has new owners

AeroFarms in Danville has new owners and a new CEO after nearly shutting down, signaling renewed hop[...]


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