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Professional Services
MAHFUZ AHMED CHAIRMAN AND CEO, DIGITAL INTELLIGENCE SYSTEMS LLC (DISYS), MCLEAN After earning his bachelor’s degree in engineering from George Mason University, Ahmed worked with Northrop Grumman Corp. and Mobil Oil Corp. before founding information technology staffing and consulting services company DISYS in 1998. Today, as CEO and chairman of the board of directors, Ahmed […]
The power list
Welcome to the inaugural edition of the Virginia 500 — The 2020 Power List. This project has taken more than a year from concept to completion. Our hope is that you will find it to be an insightful and helpful resource on leadership in Virginia. Five hundred is a big number. Just who should be […]
How we assembled the Virginia 500
If you called your local mayor or city manager — or, better yet, the governor — how quickly would your call get returned? That thought experiment was just one of several questions I had in mind as we were compiling this, our first annual edition of the Virginia 500. Assembling a list of the state’s […]
Agriculture
CHAD BALLARD PRESIDENT, BALLARD FISH & OYSTER CO. INC., CHERITON Ballard represents the fifth generation of the 120-year-old-plus Cheriton-based Ballard Fish & Oyster Co. Before dedicating his time to the family business, Ballard worked in investment banking with BB&T Capital Markets. Ballard Fish & Oyster Co. is the parent company of Cherrystone Aqua-Farms and Chincoteague […][...]
Manufacturing
R. MARCUS ‘MARC’ AMMEN CEO, UNIVERSAL FIBER SYSTEMS LLC, BRISTOL Ammen, who has served as CEO of Universal Fiber since 2009, joined the company in 2000 as chief financial officer and previously was president of Universal Fibers Inc., one of the corporation’s affiliates. Founded in 1969 in Bristol, Tennessee, the company has two units: Bristol, […]
Nonprofits | Philanthropy
SHERRIE ARMSTRONG PRESIDENT AND CEO, COMMUNITY FOUNDATION FOR A GREATER RICHMOND, RICHMOND Founded in 1968, the Community Foundation for a greater Richmond is a venerable force for regional philanthropy, managing 1,200 charitable funds with more than $1 billion in assets. Consequently, when the coronavirus pandemic hit, the Community Foundation was one of the first organizations […]
2020 Virginia Business Site Locator
Welcome to the 2020 Virginia Business Site Locator Guide! Inside you’ll learn how Virginia stacks up, how Virginia companies rank and learn about big deals in all regions of the commonwealth. The guide includes: A list of Virginia companies on the Fortune 500 list Lists of public universities and colleges A list of big deals […]
The VirginiaBusiness.com Top Five
The top trending stories on VirginiaBusiness.com from June 16 to July 15 were led by a surprise announcement from Dominion Energy Inc., which also disclosed a $9.7 billion deal to sell its natural gas transmission and storage assets to a Berkshire Hathaway affiliate. Atlantic Coast Pipeline canceled: Dominion Energy and Duke Energy Corp. abandoned plans […]
The Top Five
The top five trending stories on VirginiaBusiness.com from May 1 to June 15 show that readers were largely focused on getting back to business following the pandemic shutdown: Phase Three timeline coming soon: Gov. Ralph Northam preps final phase for “Forward Virginia” reopening plan. (June 11) Much of Virginia to enter Phase Two: State restrictions […]
The Generous Virginians Project
Despite record-breaking gifts to universities and nonprofit organizations in 2019 and early 2020 — including a $68 million gift to the Darden School of Business and $50 million gifts to Virginia Tech and George Mason University — philanthropic giving in Virginia this year has quickly pivoted from traditional donations to gi[...]
Construction industry gained 464K jobs in May
The construction industry added 464,000 jobs in May, according to an analysis of U.S. Bureau of Labor Statistics by the Associated Builders and Contractors (ABC) released Friday, making it the largest monthly increase in the industry since 1939. “One way to look at this stunning jobs report is to suggest that economists missed the mark […]
Va. Beach contractor lands $782M Navy contract
Navy veteran Terry Spitzer has dedicated much of his career to manufacturing equipment to be used by his former U.S. Armed Forces branch. In April, Global Technical Systems (GTS), the Virginia Beach-based company Spitzer and his wife, Yusun, co-founded in 1997, landed a $782 million contract to manufacture equipment for the Navy[...]
