Virgin Galactic Holdings Management
Management criteria checks 3/4
Virgin Galactic Holdings' CEO is Michael Colglazier, appointed in Jul 2020, has a tenure of 4.42 years. total yearly compensation is $7.73M, comprised of 12.9% salary and 87.1% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $368.71K. The average tenure of the management team and the board of directors is 3.8 years and 3.8 years respectively.
Key information
Michael Colglazier
Chief executive officer
US$7.7m
Total compensation
| CEO salary percentage | 12.9% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.8yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Virgin Galactic: I Like The Vision, But Execution Is The Key
Sep 20Virgin Galactic: Pipe Dream Business Still Lacks Meaningful, Sustainable Model
Aug 28Virgin Galactic: Final Descent
Jun 19Shareholders May Be More Conservative With Virgin Galactic Holdings, Inc.'s (NYSE:SPCE) CEO Compensation For Now
Jun 06
Virgin Galactic: The Guidance Looks Better Than I Expected
May 14Virgin Galactic: More Downside Expected After Boeing Lawsuit
Apr 02Virgin Galactic Holdings: A Risk-Bound Yet To Mature Business, Sell
Feb 20Virgin Galactic: Branson's Decision Leaves Shareholders Uncertain
Dec 05Virgin Galactic: Using Your Money To Subsidize The Adventures Of Billionaires
Oct 19Virgin Galactic: Delta Class Timeline Is Too Optimistic
Oct 12Virgin Galactic: Speculative Bet That's Ready For Launch
Sep 03Virgin Galactic: Lost In Space
Aug 02Is Virgin Galactic Holdings (NYSE:SPCE) Weighed On By Its Debt Load?
Jul 26Virgin Galactic: Shareholder Value Deterioration Set To Continue
Jun 30Virgin Galactic Takes Off; Don't Forget The Seat Belts
Jun 18Virgin Galactic: Successful Test Flight Does Not Mean Share Price Will Take Off
Jun 07Is Virgin Galactic Holdings (NYSE:SPCE) A Risky Investment?
Apr 20Virgin Galactic: Spotlight On Sister Company's Failed Rocket Launch
Jan 11Health Check: How Prudently Does Virgin Galactic Holdings (NYSE:SPCE) Use Debt?
Jan 05Virgin Galactic forges microgravity research alliance with Axiom Space
Nov 03Virgin Galactic: Ignore The Downgrades, It's A Strong Buy
Oct 21Virgin Galactic: Time's Up
Sep 22Does Virgin Galactic Holdings (NYSE:SPCE) Have A Healthy Balance Sheet?
Sep 20Virgin Galactic: An Earnings Miss And Equity Sale Send Shares Sharply Lower
Aug 08Virgin Galactic forms strategic partnership with Virtuoso
Jul 21Virgin Galactic signs long-term lease for final assembly manufacturing facility
Jul 14Virgin Galactic to partner with Boeing unit Aurora to build motherships
Jul 06A Look At The Intrinsic Value Of Virgin Galactic Holdings, Inc. (NYSE:SPCE)
Jun 23Health Check: How Prudently Does Virgin Galactic Holdings (NYSE:SPCE) Use Debt?
Jun 02Virgin Galactic: Wishful Estimates
May 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$374m |
| Jun 30 2024 | n/a | n/a | -US$404m |
| Mar 31 2024 | n/a | n/a | -US$445m |
| Dec 31 2023 | US$8m | US$1m | -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$645m |
Compensation vs Market: Michael's total compensation ($USD7.73M) is above average for companies of similar size in the US market ($USD1.38M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Colglazier (57 yo)
4.4yrs
Tenure
US$7,734,016
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 | 4.4yrs | US$7.73m | 0.21% $ 368.7k | |
| Executive VP | 3.8yrs | US$4.47m | 0.098% $ 176.1k | |
| Executive VP | 2yrs | US$759.63k | 0.033% $ 59.6k | |
| Chief People Officer & Executive VP | 3.3yrs | US$2.11m | 0.035% $ 63.3k | |
| Founder | 20.9yrs | 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 | |
| President of Spaceline Missions & Safety | 4.2yrs | US$3.95m | no data | |
| Chief Pilot | no data | no data | no data | |
| Senior Vice President of Spaceline Programs & Engineering | 2.8yrs | no data | no data | |
| Chief Astronaut Instructor | no data | no data | no data |
3.8yrs
Average Tenure
56yo
Average Age
Experienced Management: SPCE's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.4yrs | US$7.73m | 0.21% $ 368.7k | |
| Director | 1.3yrs | US$196.26k | no data | |
| Member of Space Advisory Board | 3.8yrs | no data | no data | |
| Interim Chair & Lead Independent Director | 1.7yrs | US$396.23k | 0.0077% $ 13.9k | |
| Independent Director | 3.8yrs | US$270.53k | 0.0099% $ 17.8k | |
| Independent Director | 5.2yrs | US$274.76k | 0.015% $ 27.1k | |
| Independent Director | 1.7yrs | US$375.15k | 0.0077% $ 13.9k | |
| Chairman of Space Advisory Board | 3.8yrs | US$14.68m | no data | |
| Independent Director | 3.5yrs | US$282.50k | 0.010% $ 18.0k | |
| Member of Space Advisory Board | 3.8yrs | no data | no data | |
| Member of Space Advisory Board | 3.8yrs | no data | no data | |
| Independent Director | 3yrs | US$262.08k | 0.010% $ 18.6k |
3.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: SPCE's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 11:27 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Virgin Galactic Holdings, Inc. is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ronald Epstein | BofA Global Research |
| Kenneth Herbert | Canaccord Genuity |
| Keith Snyder | CFRA Equity Research |