Virgin Galactic altering CEOs, bringing on Disney’s Michael Colglazier

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Virgin Galactic altering CEOs, bringing on Disney’s Michael Colglazier

Virgin Galactic's chief house officer George Whitesides, left, and chief govt officer Michael Colglazier.Virgin GalacticVirgin Galactic introduced


Virgin Galactic’s chief house officer George Whitesides, left, and chief govt officer Michael Colglazier.

Virgin Galactic

Virgin Galactic introduced on Wednesday that George Whitesides would step apart as CEO, with the house tourism enterprise appointing former Disney govt Michael Colglazier.

Whitesides will keep on with the corporate in a brand new function, serving as its chief house officer. Colglazier was most not too long ago the president and managing director of Disney Parks Worldwide.

The CEO changeover shall be efficient subsequent Monday.

Shares of Virgin Galactic rose almost 4% in after-hours buying and selling from its shut of $18.55.

Virgin Galactic CEO George Whitesides

CNBC | Michael Sheetz

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