Virgin Galactic Chairman Chamath Palihapitiya resigns; Evan Lovell named interim chair

Virgin Galactic Holdings, Inc

Chamath Palihapitiya resigned as Chairperson and Board member effective February 17, 2022.
Resignation was to pursue other opportunities; no disagreement with the company.
Evan Lovell appointed as Interim Chairperson while permanent replacement is sought.
Board will search for a permanent Chairperson.

item 5.02 item 9.01

Executive movements

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Departed

Chamath Palihapitiya

Chairperson of the Board

SPCE · Virgin Galactic Holdings, Inc

Effective: 2022-02-17
Successor: Evan Lovell
Filed: February 18, 2022, 6:59 PM ET

On February 17, 2022, Chamath Palihapitiya notified the Board of Directors (the “Board”) of Virgin Galactic Holdings, Inc. (the “Company”) of his decision to resign, effective immediately, from his position as Chairperson of the Board and a member of the Board.

Appointed (interim)

Evan Lovell

Interim Chairperson of the Board

SPCE · Virgin Galactic Holdings, Inc

Filed: February 18, 2022, 6:59 PM ET

Current Board member Evan Lovell has been appointed to serve as Interim Chairperson of the Board until a permanent Chairperson has been identified and appointed.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Chamath Palihapitiya resigned as Chairperson of the Board at Virgin Galactic Holdings, Inc.

Action: resigned
Role: Chairperson of the Board

Exact text from the filing

On February 17, 2022, Chamath Palihapitiya notified the Board of Directors (the “Board”) of Virgin Galactic Holdings, Inc. (the “Company”) of his decision to resign, effective immediately, from his position as Chairperson of the Board and a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Evan Lovell was appointed as Interim Chairperson of the Board at Virgin Galactic Holdings, Inc.

Action: appointed
Role: Interim Chairperson of the Board

Exact text from the filing

Current Board member Evan Lovell has been appointed to serve as Interim Chairperson of the Board until a permanent Chairperson has been identified and appointed.

View on SEC.gov

Virgin Galactic Holdings, Inc filing history →

Source: SEC EDGAR

accession 0001706946-22-000013

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