Langley Federal Credit Union CEO to retire
Langley Federal Credit Union President and CEO Tom Ryan will retire at the end of the year, following 13 years of leading the Newport News financial institution. The credit union, which is the fourth largest credit union based in Virginia, announced Ryan’s retirement Wednesday and credited him with overseeing significant growth of the organization – […]
2025 Virginia Black Business Leaders Hall of Fame Honoree
Toni Townes-Whitley became one of two Black female Fortune 500 CEOs in 2023, when she joined federal contractor SAIC. An alumna of Princeton University, she previously served as president of Microsoft’s U.S.-regulated industries, president of CGI Federal and held management roles at Unisys. At SAIC, she leads a company that reported $7.44 billion in fiscal […]
Could Boeing HQ move be in the cards?
In May 2022, Virginia officials were in a buoyant mood as Fortune Global 500 aerospace and defense giant Boeing announced it would move its world headquarters from Chicago to Arlington County, with then-President and CEO Dave Calhoun having conferred with Gov. Glenn Youngkin months ahead about the move. Nearly three years later, the mood is […]
Va. Chamber of Commerce reveals next president and CEO
Cathie J. Vick will be the new leader of the Virginia Chamber of Commerce, starting April 1. The business advocacy organization with more than 30,000 members announced on Tuesday her appointment as president and CEO. Vick is currently vice president of corporate and government affairs at Transurban, one of the world’s largest operators and developers […]
Virginia Realtors has a new CEO
Rick Lugg is Virginia Realtors’ new CEO, effective immediately, the trade organization announced Friday. The association’s longtime chief financial officer and chief operating officer, Lugg replaces Terrie Suit, who retired last fall. Martin K. Johnson, Virginia Realtors’ chief external affairs officer, served as interim CEO. Glen Allen-based Virginia Realtors represents nearly 3[...]
McDermott to depart as Mary Washington Healthcare CEO
Dr. Michael McDermott, president and CEO of Fredericksburg-based Mary Washington Healthcare since 2015, will leave to become head of Montage Health in California, the health system announced Monday. Dr. Christopher Newman, MWHC’s chief operating officer and chief medical officer, will succeed McDermott starting in spring 2025. Newman joined Mary Washington in 2019. He previously served [&hel[...]
Ballston BID names new CEO
The Ballston Business Improvement District (BID) has named Danette Nguyen its next CEO, the Arlington County organization announced Monday. A Ballston resident, Nguyen previously was the managing director of the Maryland Women’s Business Center (MWBC), a program which encourages women to start, sustain and grow their businesses. Additionally, Nguyen spent five years working at the […]
Volkswagen’s U.S. subsidiary names new president and CEO
Rivian Automotive’s Kjell Gruner will become the new president and CEO of Volkswagen Group of America on Dec. 12, the Reston-headquartered subsidiary of the German automaker announced Tuesday. Gruner succeeds Pablo Di Si, who “has stepped down … on his own request,” according to a news release. Di Si assumed the role in September 2022, […]
ODEC announces next president and CEO
Chris Cosby will become president and CEO of Glen Allen’s Old Dominion Electric Cooperative on Feb. 1, 2025. Cosby succeeds John C. Lee, who has been ODEC’s president and CEO since Sept. 8, 2023, initially serving in an interim capacity. ODEC announced Lee’s retirement, effective Feb. 1, on Monday. He will serve as a senior […]
After two years, VCU Health makes Levy permanent CEO
Two years after he first became interim CEO, Dr. Marlon F. Levy has been named VCU Health System’s permanent head. Virginia Commonwealth University announced Monday that Levy’s interim roles as the Richmond-based health system’s CEO and senior vice president for VCU Health Sciences were made permanent in appointments by the VCU Board of Visitors and […]
LL Flooring CEO resigns, effective immediately
LL Flooring President and CEO Charles E. Tyson has resigned effective immediately, the Henrico County flooring company formerly known as Lumber Liquidators announced in a Securities and Exchange Commission document released Friday. The move is not exactly a surprise, coming several weeks after Thomas Sullivan, Lumber Liquidators’ founder and former CEO, purchased 219 LL Flooring stores, [&h[...]
Hardee to retire as Lawson Cos. CEO in 2025
Lawson Cos., the Norfolk-based residential real estate development and construction company, announced Thursday its president and CEO, Carl Hardee, will retire at the end of 2025. Aaron Phipps, Lawson’s senior vice president and chief financial officer, is expected to succeed Hardee, who was named president and CEO in 2016, according to the company’s announcement. Hardee […]