Virgin Galactic Appoints Luigi Brambilla to Board of Directors
November 13 2023 - 4:05PM
Business Wire
Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or
“Virgin Galactic”) today announced the appointment of Luigi
Brambilla to Virgin Galactic’s Board of Directors. Brambilla is an
experienced investment and capital markets executive with an
18-year track record of experience across the Travel & Leisure,
Wellness, Entertainment and Financial sectors—including 10 years at
the Virgin Group.
Michael Colglazier, Chief Executive Officer of Virgin Galactic,
said: “We are very pleased to announce Luigi as the newest member
of our Board. His long history with Virgin Group, along with his
extensive investment and capital markets expertise, make him an
ideal fit for the role as we continue to build our Delta Class
fleet and ready the business for profitable growth.”
Brambilla said: “I am honored to join the Board in support of a
visionary company that has pioneered the world’s first commercial
spaceline and created a spaceflight system that can only be
described as revolutionary. It’s an exciting new chapter for Virgin
Galactic, and I’m thrilled to play a part in building its long-term
success for years to come.”
Brambilla’s appointment to the Board fills the seat previously
held by Evan Lovell, who served on Virgin Galactic’s Board of
Directors until his passing in June of 2023. Virgin Galactic’s
Board now includes nine directors who collectively bring
significant experience in aerospace, manufacturing, safety, risk
oversight, supply-chain management, consumer experience and
finance.
About Luigi Brambilla Mr. Brambilla, 40, currently serves
as Managing Director of Investments and Capital Markets at Virgin
Group and is a member of the Investment Committee of the Branson
Family office. Mr. Brambilla joined Virgin Group in 2013 and has
served in various investment management roles over the past ten
years. Prior to that, Mr. Brambilla was an associate at private
equity firm Clayton Dubilier & Rice from 2010-2013. From
2006-2010, he was a European investment banking analyst for
Citigroup.
Mr. Brambilla currently serves on the Board of Directors of
Virgin Voyages and Virgin Atlantic and is a Board Observer for
Virgin Red. Mr. Brambilla holds a bachelor’s degree in
international economics and master’s degree in international
management from Università Bocconi.
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 has developed a spaceflight system designed to
connect the world to the wonder and awe created by space travel and
to offer customers a transformative experience. You can find more
information at https://www.virgingalactic.com/.
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