Virgin Galactic Holdings Inc.
Virgin Galactic Board Member Luigi Brambilla to Step Down; Allison Belzberg Nominated
Summary
On April 13, 2026, Luigi Brambilla informed Virgin Galactic Holdings, Inc. that he would not stand for re-election to the Board of Directors upon completion of his current term at the 2026 Annual Meeting of Stockholders. His decision is for personal reasons and not due to any disagreement with the Company. In response, Virgin Investments Limited has nominated Allison Belzberg, Director, Investment and Commercial of Virgin Management USA, Inc., for the Board. Additional information about Ms. Belzberg will be provided in the Company's definitive proxy statement prior to the 2026 Annual Meeting.
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About Virgin Galactic Holdings Inc.
Virgin Galactic Holdings Inc. operates as an aerospace and space travel company. Its primary function is to develop commercial spacecraft and aim to provide suborbital spaceflights for private individuals and researchers. The company's notable features include its focus on pioneering human spaceflight for non-professional astronauts and offering an unparalleled experience of space viewings above Earth's atmosphere. Virgin Galactic Holdings, a part of the Virgin Group, plays a crucial role in advancing the nascent space tourism industry, seeking to make space more accessible to the general public. Headquartered in Mojave, California, the company leverages innovative space technologies, such as its spaceship Unity, to push the boundaries of private space exploration. By focusing on safety and an unforgettable customer experience, Virgin Galactic distinguishes itself in the market. As the first publicly traded commercial spaceflight company, it represents a significant milestone in the evolution of space travel and aims to create a new market sector, contributing to the broader exploration of space and scientific research.
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