Virgin Galactic, a space tourism group appoints ex-Disney exec as their Chief Executive Officer

Virgin Galactic, a determined space tourism firm that wishes to take prosperous customers on recreational trips to space edge, is hiring an ex-Disney manager to direct the company.

Virgin Galactic (SPCE) on Wednesday declared Michael Colglazier, who was the boss of Disney’s International Parks as its new CEO. Colglazier will take the position of George Whitesides, who is an FAA and NASA veteran, having managed the company since 2010 as Virgin Galactic developed from few workers to more than 900 workers, operating to test and build its rocket-energized suborbital space aircraft. 

The company stated that Whitesides would begin working as the Chief Space Officer at Virgin Galactic. Whitesides will mainly focus on overlooking the growth of technologies additionally down the pipeline of Galactic, comprising of a supersonic commuter jet.

The management change-up is destined to permit Virgin Galactic to work more since the tourism spaceship is almost done to fly its first commuter customers. The incoming Chief Executive Officer Colglazier confirmed to Wall Street forecasters during a discussion call on Wednesday.

Colglazier added that it is fair to believe that they are currently inside the spitting distance of commencing commercial operations. He confirmed that the company is sticking to its path.

Virgin Galactic, which was launched twenty years ago by Richard Branson, a British billionaire, has operated for years expanding and testing its space tourism spacecraft, called SpaceShipTwo. The firm recuperated from a deadly testing disaster back in 2014 and has ever since launched two test flights into space.

Colglazier spends almost three decades at Disney before coming to Galactic, and he lately oversaw missions of the media giant’s premise parks back in Paris, Shanghai, Hong Kong, and Tokyo. He is leaving the CEO role as parks business of Disney experienced a multibillion-dollar strike following the massive closure and shutdowns for months due to the COVID-19 pandemic.

During a call reporting the executive change, analysts interviewed Colglazier concerning his abrupt transition from being the Disney park manager to leading a new, high-risk company that is still on its marketable infancy. 

Colglazier confirmed that he had a lengthy career functioning in a company that is purely about delivering and safety of consumer experiences in a safe way. He added that it was evident that aerospace is a diverse technology, and it is the reason why they will keep on diving deep because it is part of the learning process. 

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