Virgin Galactic announces departure of President Swami Iyer; reaffirms Q2 2023 commercial service launch

Virgin Galactic Holdings, Inc

Swami Iyer steps down as President of Aerospace Systems effective Jan. 12, 2023; will serve as advisor to CEO until March 3, 2023.
Leadership restructured: Mike Moses President Spaceline Missions and Safety, Mike Moore EVP Technical Operations, Steve Justice SVP Programs and Engineering.
Mothership VMS Eve upgrades complete; ground tests next week, flight tests to follow before commercial service.
Commercial spaceline operations remain on track to begin in Q2 2023 as previously announced.

item 5.02 item 8.01 item 9.01

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Departed

Swami Iyer

President of Aerospace Systems

SPCE · Virgin Galactic Holdings, Inc

Effective: 2023-01-12
Filed: January 12, 2023, 6:59 PM ET

On January 12, 2023, Virgin Galactic Holdings, Inc. (the “Company”) announced that, effective January 12, 2023, Swami Iyer departed from his position as President of Aerospace Systems, in connection with an internal reorganization.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Swami Iyer departed as President of Aerospace Systems at Virgin Galactic Holdings, Inc.

Action: departed
Role: President of Aerospace Systems

Exact text from the filing

On January 12, 2023, Virgin Galactic Holdings, Inc. (the “Company”) announced that, effective January 12, 2023, Swami Iyer departed from his position as President of Aerospace Systems, in connection with an internal reorganization.

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Source: SEC EDGAR

accession 0001193125-23-007268

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