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Virginia500 2023

Aug 30, 2023

Economic Development 2023: CAREN MERRICK

After 25 years as a Virginia business founder and leader, Merrick was appointed the commonwealth’s secretary of trade and commerce in early 2022, her first role in state government. She helped encourage Amazon Web Services to invest $35 billion to build multiple data center campuses across the state, an initiative announced in[...]

Aug 30, 2023

Education 2023: MICHAEL RAO

In his 14th year at VCU, Rao has had a year of ups and downs. VCU opened its $125 million STEM building in April, and in May it announced an $18 million donation from Washington, D.C.-based real estate analytics company CoStar Group to build an academic building for arts and innovation. However, VCU Health made […]

Aug 30, 2023

Manufacturing 2023: JOHN M. STEITZ

A global manufacturer of plastic films and aluminum extrusions, Tredegar is a 1989 spinoff of Richmond fuel additives company Ethyl. Steitz was named president and CEO in 2019 following the retirement of John D. Gottwald, who had served in the role for 30 years. Steitz had served on Tredegar’s board of directors since 2017 whi[...]

Aug 30, 2023

Manufacturing 2023: ASHLEY B. SMITH

Smith, the third generation of his family to lead the precast concrete company, became CEO in 2018 and board chairman in 2022. The Fauquier County business was started by his grandfather, David G. Smith, in 1960 as Smith-Cattleguard, named for its concrete cattleguard innovation. By 1995, Smith-Midland was a publicly traded comp[...]

Aug 30, 2023

Federal Contractors | Technology 2023: MEHUL P. SANGHANI

A Virginia Tech graduate, Sanghani runs one of the fastest growing federal contractors in Virginia’s tech sector. In December 2022, IBM announced it would purchase Octo from Arlington Capital Partners for an undisclosed sum, and Octo is now a part of IBM Consulting’s U.S. public and federal market arm. Born in India, Sanghan[...]

Aug 30, 2023

Health Care 2023: LT. GEN. TELITA CROSLAND

Previously deputy surgeon general for the U.S. Army, Crosland became director of the Defense Health Agency in January, following her confirmation last year by the U.S. Senate. With a staff of nearly 140,000 civilians and military personnel and a budget of more than $54 billion, the decade-old Defense Health Agency is responsible[...]

Aug 30, 2023

Finance | Insurance 2023: VIKRAM ‘VIK’ ATAL

Atal was appointed PRA’s president and CEO in March, after serving as a board member since 2015. He previously spent 27 years in leadership positions with Citigroup Inc. and was president and founder of Atal Advisers LLC, a business and strategy consulting firm. PRA Group, a global player in acquiring and collecting nonperform[...]

Aug 30, 2023

Professional Services 2023: GREG WALLIG

In June, Wallig added a new job title: head of public policy for Chicago-based global accounting firm Grant Thornton. He continues to lead Grant Thornton’s Washington, D.C.-Arlington office as well, a position he took in 2018, 13 years after joining the company. As public policy head, Wallig will develop Grant Thornton’s adv[...]

Aug 30, 2023

Real Estate 2023: ROBERT C. ‘BOB’ KETTLER

Coming from a long line of real estate developers, Kettler got his start in real estate in 1974, remodeling apartments while still a student at George Washington University. He left school to focus on work. Discovering a passion for community development, he founded real estate development company Kettler in 1977. Founded in 197[...]

Aug 30, 2023

Retail | Wholesale | Food | Beverage 2023: WILLIAM W. ‘BILL’ LOVETTE

Lovette was Sauer Brands’ executive chairman and interim CEO in 2019, when Charlotte, North Carolina-based Falfurrias Capital Group purchased Richmond-based family-owned spice company C.F. Sauer. He then made way for Martin Kelly, who became president and CEO of the renamed Sauer Brands later that year. However, as of January,[...]

Aug 30, 2023

Federal Contractors | Technology 2023: JENNIFER BOYKIN

After receiving her bachelor’s degree in marine engineering from the U.S. Merchant Marine Academy and a master’s in engineering management from George Washington University, Boykin began her career at Newport News Shipbuilding in 1987 in the nuclear engineering division, moving up the ranks, before becoming president in 2017[...]

Aug 30, 2023

Education 2023: JAVAUNE ADAMS-GASTON

Rising in prominence since Adams-Gaston became its leader in 2019, Norfolk State now ranks regularly in the top 20 historically Black colleges and universities, as ranked by U.S. News & World Report. In 2021, Norfolk State received its largest single-donor gift, $40 million from billionaire philanthropist MacKenzie Scott, ex[...]

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