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Virginia’s publicly traded companies defy economic slowdown
Virginia’s top publicly traded companies like Freddie Mac, Boeing, and RTX posted significant revenue gains in 2025 despite the state’s slow economic growth.
2026 Virginia Power 50 List : SCOTT MCPHERSON
PRESIDENT AND CEO PERFORMANCE FOOD GROUP GOOCHLAND COUNTY
Performance Food Group announces Jan. 1 CEO transition
Performance Food Group names Scott McPherson CEO effective Jan. 1, 2026, as George Holm transitions to executive chair.
Performance Food Group and US Foods terminate merger talks
Goochland County-based Fortune Global 500 company Performance Food Group and US Foods have scrapped discussions of a merger.
Virginia’s Performance Food Group exploring merger with US Foods
Performance Food Group has entered into an agreement with US Foods to begin sharing information, hinting at a possible merger.
Virginia’s Fortune 500 companies
Freddie Mac, the federally sponsored mortgage business headquartered in McLean, continues to be the top-ranked Virginia-based company at No. 38, down two spots from last year, with $122 billion in annual revenue Arlington County-based defense contractors RTX and Boeing were the second and third highest ranking companies based in Virginia, with RTX moving up one […]
7 Virginia businesses land on Fortune Global 500
Virginia has seven businesses named to the Fortune Global 500 for 2025.
Smooth sailing for Virginia’s publicly traded companies, except Boeing
Overall, Virginia’s largest publicly traded companies saw 2024 as a successful year, reflecting the nation’s economic upswing of about 3% each quarter. Except for Boeing and “its ghastly record,” as George Mason University’s Terry Clower memorably said late last year about the Arlington-based Fortune Global 500 aerospace and defense giant. In January 2024, a Boeing […]
7 Va. companies make 2024 Fortune Global 500
Seven Virginia-based companies made Fortune magazine’s 35th Global 500 list, released Monday. Companies were ranked by total revenues for fiscal years ending on or before March 31. McLean‘s Freddie Mac remained the commonwealth’s top-ranked company at No. 88 — up 45 spots from 2023. The government-sponsored home mortgage company reported net income of $10.5 billion […]
Retail | Wholesale | Food | Beverage 2023: GEORGE L. HOLM
Performance Food Group‘s leader since 2008, Holm has worked for more than 40 years in the food service distribution industry. The Goochland-based corporation was ranked No. 91 on the 2023 Fortune 500 list, with $47.19 billion in revenue reported in fiscal year 2022, up from $30.39 billion in 2021. After holding leadership roles with Sysco, […]
Six Va. companies land spots on Fortune Global 500
Six Virginia-based companies have landed spots on Fortune Magazine’s Global 500 list, which was released Thursday and ranks the world’s 500 largest corporations by total revenue. Walmart Inc. took the top spot on the list, reporting $572 billion in revenue, retaining its top spot from last year. Amazon.com Inc. followed behind, rising a spot to […]
Performance Food Group promotes three executives
Goochland County-based Fortune 500 food products distributor Performance Food Group Co. promoted three senior leaders to executive vice presidents on Wednesday. Chief Information Officer Don Bulmer, Chief Human Resources Officer Erika Davis and General Counsel and Secretary Brent King became executive vice presidents of Performance Food Group. All three continue to report to the company’s [&[...]
