Virgin Galactic Holdings Management
Management criteria checks 2/4
Virgin Galactic Holdings' CEO is Michael Colglazier, appointed in Jul 2020, has a tenure of 3.75 years. total yearly compensation is $10.78M, comprised of 9.3% salary and 90.7% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth MX$18.35M. The average tenure of the management team and the board of directors is 3.1 years and 3.2 years respectively.
Key information
Michael Colglazier
Chief executive officer
US$10.8m
Total compensation
| CEO salary percentage | 9.3% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.1yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$502m |
| Sep 30 2023 | n/a | n/a | -US$549m |
| Jun 30 2023 | n/a | n/a | -US$590m |
| Mar 31 2023 | n/a | n/a | -US$566m |
| Dec 31 2022 | US$11m | US$1m | -US$500m |
| Sep 30 2022 | n/a | n/a | -US$430m |
| Jun 30 2022 | n/a | n/a | -US$333m |
| Mar 31 2022 | n/a | n/a | -US$316m |
| Dec 31 2021 | US$7m | US$1m | -US$353m |
| Sep 30 2021 | n/a | n/a | -US$376m |
| Jun 30 2021 | n/a | n/a | -US$420m |
| Mar 31 2021 | n/a | n/a | -US$398m |
| Dec 31 2020 | US$22m | US$442k | -US$645m |
Compensation vs Market: Michael's total compensation ($USD10.78M) is above average for companies of similar size in the MX market ($USD262.61K).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
CEO
Michael Colglazier (56 yo)
3.8yrs
Tenure
US$10,781,868
Compensation
Mr. Michael A. Colglazier is the Chief Executive Officer and Director at Virgin Galactic Holdings, Inc. since July 20, 2020 and serves as its President since February 2021. Mr. Colglazier joins Virgin Gala...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.8yrs | US$10.78m | 0.30% $ 18.3m | |
| Executive VP | 3.1yrs | US$5.48m | 0.087% $ 5.4m | |
| Senior VP & Chief Information Officer | 3.4yrs | US$845.84k | 0.015% $ 952.9k | |
| Executive VP | 1.3yrs | US$1.48m | 0.012% $ 727.0k | |
| Chief People Officer & Executive VP | 2.6yrs | US$1.85m | 0.049% $ 3.1m | |
| President of Spaceline Missions & Safety | 3.5yrs | US$3.95m | 0% $ 0 | |
| Founder | 20.3yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Communications | no data | no data | no data | |
| Chief Pilot | no data | no data | no data | |
| Senior Vice President of Spaceline Programs & Engineering | 2.2yrs | no data | no data | |
| Executive Vice President of Spaceline Technical Operations | 1.7yrs | no data | no data |
3.1yrs
Average Tenure
54yo
Average Age
Experienced Management: SPCE *'s management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.8yrs | US$10.78m | 0.30% $ 18.3m | |
| Director | less than a year | no data | no data | |
| Member of Space Advisory Board | 3.2yrs | no data | no data | |
| Interim Chair & Lead Independent Director | less than a year | no data | 0% $ 0 | |
| Independent Director | 3.2yrs | US$267.50k | 0.0065% $ 403.4k | |
| Independent Director | 4.5yrs | US$275.00k | 0.014% $ 853.9k | |
| Independent Director | less than a year | no data | 0% $ 0 | |
| Chairman of Space Advisory Board | 3.2yrs | US$14.68m | no data | |
| Independent Director | 2.8yrs | US$282.50k | 0.0064% $ 394.8k | |
| Member of Space Advisory Board | 3.2yrs | no data | no data | |
| Member of Space Advisory Board | 3.2yrs | no data | no data | |
| Independent Director | 2.3yrs | US$257.50k | 0.0063% $ 388.6k |
3.2yrs
Average Tenure
62yo
Average Age
Experienced Board: SPCE *'s board of directors are considered experienced (3.2 years average tenure).