Virgin Galactic Appoints Sarah E. Kim as EVP, Chief Legal Officer
November 21 2022 - 4:05PM
Business Wire
Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or
“Virgin Galactic”), an aerospace and space travel company, today
announced that Sarah E. Kim will join the Company as Executive Vice
President, Chief Legal Officer and Corporate Secretary, effective
on December 5, 2022.
As a seasoned executive with over 15 years of legal and finance
experience, Kim will be responsible for all aspects of the
Company’s legal, compliance and regulatory functions. This includes
advising on future transactions, strategic partnerships, and
investments, ensuring securities compliance and corporate
governance, managing legal and business risks, and developing and
overseeing the Company’s in-house legal staff and outside
counsels.
“I am thrilled to welcome Sarah to the Virgin Galactic team.
Sarah’s experience in innovative and high growth companies will
greatly benefit Virgin Galactic as we advance toward the launch of
commercial service and continue to grow,” said Michael Colglazier,
CEO of Virgin Galactic. “Her track record of working closely with
executive leadership and boards across legal, compliance, and
regulatory issues is a perfect fit for the fast-paced and complex
situations we face in the commercial space industry.”
Kim joins Virgin Galactic from Topgolf Callaway Brands Corp.
(“Topgolf Callaway”), where she served as General Counsel,
Corporate Secretary, Chief Ethics Officer and Compliance Officer
during a period of intense growth across the company. She oversaw
all global legal matters affecting the company and its
subsidiaries, including litigation, intellectual property matters,
regulatory work, securities, and employment issues, as well as
leading the launch of Topgolf Callaway's sustainability initiative.
Before joining Topgolf Callaway, Kim served as Associate General
Counsel for Petco Animal Supplies, Inc., where she operated as lead
counsel for several of Petco’s most complex and innovative business
units. Kim also served as Senior Corporate Counsel at DJO Global,
Inc., an American medical device manufacturing company, and as
Associate General Counsel at Meltwater Group, a
software-as-a-service company.
“I am extremely excited to have the opportunity to join Virgin
Galactic at such an important time. It is a dynamic and innovative
organization that has already changed the way we think about
commercial space flight,” said Kim. “As someone who has a lifelong
interest in the sciences and space, I cannot wait to help play a
role in the future of this transformative and rapidly growing
industry.”
Kim holds a Bachelor of Science degree in Management from the
Massachusetts Institute of Technology and a Juris Doctor degree
from the University of California, Hastings College of the Law.
About Virgin Galactic Holdings
Virgin Galactic is an aerospace and space travel company,
pioneering human spaceflight for private individuals and
researchers with its advanced air and space vehicles. It is
developing a spaceflight system designed to connect the world to
the love, wonder and awe created by space travel and to offer
customers a transformative experience. You can find more
information at https://www.virgingalactic.com/
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. We intend such forward-looking statements to be covered by
the safe harbor provisions for forward-looking statements contained
in Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended. All
statements contained in this press release other than statements of
historical fact, including, without limitation, statements
regarding changes to our leadership team, our spaceflight systems,
our market growth and our objectives for future operations, are
forward-looking statements. The words “believe,” “may,” “will,”
“estimate,” “potential,” “continue,” “anticipate,” “intend,”
“expect,” “strategy,” “future,” “could,” “would,” “project,”
“plan,” “target,” and similar expressions are intended to identify
forward-looking statements, though not all forward-looking
statements use these words or expressions. These statements are
neither promises nor guarantees, but involve known and unknown
risks, uncertainties and other important factors that may cause our
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements, including
but not limited to the factors, risks and uncertainties included in
our Annual Report on Form 10- K for the fiscal year ended December
31, 2021, as such factors may be updated from time to time in our
other filings with the U.S. Securities and Exchange Commission (the
"SEC"), accessible on the SEC’s website at www.sec.gov and the
Investor Relations section of our website at
www.virgingalactic.com, which could cause our actual results to
differ materially from those indicated by the forward-looking
statements made in this press release. Any such forward-looking
statements represent management’s estimates as of the date of this
press release. While we may elect to update such forward-looking
statements at some point in the future, we disclaim any obligation
to do so, even if subsequent events cause our views to change.
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For media inquiries: Aleanna Crane – Vice President
Communications virgingalacticpress@virgingalactic.com Jeff Michael
– Communications Specialist 661.754.4300
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