Benzinga · Feb 18, 2022
Chamath Palihapitiya Steps Down From Virgin Galactic Board: What Investors Need To Know
A leading space tourism company announced a big change to its Board of Directors Friday. What Happened: Chamath Palihapitiya is stepping down as chairman and a member of the Board of Directors for Virgin Galactic Holdings Inc (NYSE: SPCE), effective immediately, to “focus on other public company board commitments.” “Chamath was instrumental in the launch of Virgin Galactic as a public company and, as our inaugural chair, his deep and astute insights have been incredibly valuable to both me and the company as we have growth and strengthened our business foundation,” said Virgin Galactic CEO Michael Colglazier. Evan Lovell has been named as the interim chairman of Virgin Galactic until a new chairman is found. Lovell has served on the ...

