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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

RHYU
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 […]

McDonnell
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 […]

FERNANDEZ
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 […]

HAYES
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 [...]

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 [&h[...]

HALLOCK
Education 25 September 1, 2025

Education 2025: HALLOCK, KEVIN F.

An economist with a doctorate from Princeton, Hallock joined University of Richmond in 2021. One of the private school’s long-term goals has been affordability. Need-based aid packages average $64,880 toward roughly $84,000 in annual costs for tuition and room and board. Starting this fall, families earning $75,000 or less qualify for a full ride. This […]

MARRON
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: MARRON, MARK P.

Marron started at ePlus, a provider of IT assets and financing services, in 2005. He became president and CEO in 2016 and a member of the company’s board in 2018. In August 2024, ePlus acquired Minnesota-based IT services company Bailiwick Services for an undisclosed amount. In June, the company sold off its U.S. finance business […]

SCHORER
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: SCHORER, STEVE

Schorer took on the top leadership role at Reston-based federal contractor Peraton in 2024 after former CEO Stu Shea announced his departure. Peraton is a portfolio company of Veritas Capital and has more than 19,000 employees. Schorer previously served from 2017 to 2021 as CEO of Alion Science and Technology, which Huntington Ingalls Industries purchased […]

Aggarwa
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: AGGARWAL, REGGIE

Initially a lawyer, Aggarwal shifted to the events business after planning hundreds of events as president of the Indian CEO Network. In 1999, he founded Cvent, a market-leading meetings, events and hospitality technology provider. Cvent has grown to employ more than 5,000 people and serves more than 24,000 customers globally. While not on the Fortune […]

Levy
Health Care | Biotech | Pharmaceuticals 25 September 1, 2025

Health Care 2025: LEVY, DR. MARLON

After two years serving as VCU Health’s interim leader, Levy was appointed permanently in November 2024. A specialist in abdominal organ transplant surgery, Levy was named to lead the Richmond medical system and its health sciences department following the sudden departure of Dr. Art Kellermann in late 2022. Early in 2023, news broke that VCU […]

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Top Stories

Geveden

BWXT to sell medical business for $800M

BWX Technologies on Monday announced it has entered an agreement to sell its medical business to Swe[...]

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[...]

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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