Virgin Galactic names Disney executive Colglazier as new CEO

FILE PHOTO: Virgin Galactic (SPCE) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) as the company begins public trading in New York, U.S., October 28, 2019. REUTERS/Brendan McDermid

July 15, 2020

(Reuters) – Billionaire Richard Branson’s Virgin Galactic Holdings Inc <SPCE.N> on Wednesday named Walt Disney Co <DIS.N> executive Michael Colglazier as its new chief executive officer.

Colglazier will replace George Whitesides, who joined the company in 2010 as its first CEO.

The appointment is effective from July 20.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Aditya Soni)

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