Virgin Galactic names Disney executive Colglazier as new CEO By Reuters

© Reuters. Virgin Galactic (SPCE) logo is displayed on a screen on the floor of the NYSE in New York

(Reuters) – Billionaire Richard Branson’s Virgin Galactic Holdings Inc (N:) on Wednesday named Walt Disney Co (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.

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