Virgin Orbit Names Stephen Zhang as Vice President of Investor Relations
June 21 2022 - 8:05AM
Business Wire
The new VP of Investor Relations brings to Virgin Orbit years of
public company finance experience. He will work closely with
investors and advise the leadership team in its recently
established role as a publicly listed company.
Virgin Orbit (Nasdaq: VORB) is pleased to announce the addition
of Stephen Zhang as the company’s first Vice President of Investor
Relations. Zhang will work as the company’s primary liaison to the
investor community, while serving as a key advisor to the
leadership team. He will also manage the earnings process and other
shareholder-related matters as part of the company’s comprehensive
investor relations program.
“We’re incredibly pleased to have Stephen on our team. He brings
a wealth of experience dealing with investors, with a specific
focus on the aerospace and defense sectors,” said Dan Hart, CEO of
Virgin Orbit. “It’s crucial that we have him on our team to help
establish and grow meaningful relationships with stakeholders at
this exciting stage in the company. He’s an effective communicator
that does a great job of telling our story and he’s integral for
where we’re heading in the future.”
Prior to joining the Virgin Orbit team, Zhang was Director of
Investor Relations at Raytheon Technologies, where he supported the
company’s executive team in engaging top shareholders. Zhang helped
guide the company through several transformational corporate
initiatives and a merger of equals with Raytheon Company to form
Raytheon Technologies.
Zhang graduated Magna Cum Laude from the University of
Massachusetts, Amherst, with a bachelor’s degree in Finance and
Operations Management. He began his career at United Technologies
Corporation (UTC) as a Financial Leadership Program Associate. In
2011, he joined UTC’s Pratt and Whitney division, where he was
promoted to positions of increasing responsibility over the
years.
Zhang also served as a volunteer lead contact on the Inclusion
Committee for United Technologies Corporation. He held similar
volunteer positions on both Pratt and Whitney’s Diversity and
Inclusion group and the United Way’s outreach group.
“I’m excited to be a part of the next phase of Virgin Orbit’s
evolution,” Zhang said. “As a newly public company, it is
imperative for us to communicate our story in an effective,
credible, and consistent manner to the investor community. Our
story is quite powerful – opening space for good – at any time, any
place, and to any orbit. The differentiated technology, along with
the innovative team that makes up Virgin Orbit, is what attracted
me to the company and its vision. I’m thrilled to be a part of the
journey and look forward to unlocking our full potential as we grow
the business.”
About Virgin Orbit
Virgin Orbit (Nasdaq: VORB) operates one of the most flexible
and responsive space launch systems ever built. Founded by Sir
Richard Branson in 2017, the company began commercial service in
2021, and has already delivered commercial, civil, national
security, and international satellites into orbit. Virgin Orbit’s
LauncherOne rockets are designed and manufactured in Long Beach,
California, and are air-launched from a modified 747-400 carrier
aircraft that allows Virgin Orbit to operate from locations all
over the world in order to best serve each customer’s needs. Learn
more at www.virginorbit.com and visit us on LinkedIn, on Twitter
@virginorbit, and on Instagram @virgin.orbit.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains certain forward-looking statements
within the meaning of the federal securities laws. These
forward-looking statements generally are identified by the words
“believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “may,” “should,”
“will,” “would,” “will be,” “will continue,” “will likely result,”
and similar expressions. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to the Company’s ability to access sources of capital; its
ability to grow market share in the developing space economy;
market acceptance of its current and planned products and services
and ability to achieve sufficient production volumes, as well as
the factors, risks and uncertainties included in the Company’s
Quarterly Report on Form 10-Q for the period ended March 31, 2022,
as well as in the Company’s subsequent filings with the Securities
and Exchange Commission (the “SEC”), accessible on the SEC’s
website at www.sec.gov and the Investor Information section of the
Company’s website at www.virginorbit.com. Forward-looking
statements speak only as of the date they are made. Readers are
cautioned not to put undue reliance on forward-looking statements,
and Virgin Orbit assumes no obligation and does not intend to
update or revise these forward-looking statements, whether as a
result of new information, future events, or otherwise. Virgin
Orbit gives no assurance that it will achieve its expectations.
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version on businesswire.com: https://www.businesswire.com/news/home/20220621005192/en/
Linda Rivera Principal Communications Officer, Virgin Orbit
Linda.Rivera@virginorbit.com 323 316 6499
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