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Virgin Galactic Hires Aparna Chitale as Chief People Officer
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Virgin Galactic (NYSE: SPCE) announced the appointment of Aparna Chitale as Chief People Officer (CPO) effective September 30, 2021. Chitale has over 20 years of experience in HR, most recently at Disney Parks Experiences. CEO Michael Colglazier emphasized her background in building skilled teams and fostering a high-performance culture as critical for Virgin Galactic’s growth strategy. Chitale aims to enhance talent acquisition, diversity, and employee experience, supporting the company's mission in the human spaceflight industry.
Positive
Aparna Chitale's extensive HR experience, particularly at Disney, may strengthen Virgin Galactic's talent acquisition strategy.
The appointment aligns with Virgin Galactic's growth strategy in the expanding human spaceflight industry.
Negative
Potential concerns regarding continuity in leadership as the company undergoes significant management changes.
LAS CRUCES, N.M.--(BUSINESS WIRE)--
Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”), a vertically integrated aerospace and space travel company, today announced that veteran human resources executive Aparna Chitale will join the company as its Chief People Officer (CPO) on September 30, 2021.
Chitale brings over 20 years of strategic experience at multi-national organizations, where she has scaled and led global teams at both public and privately held companies. Most recently, she served as Vice President of Human Resources at Disney Parks Experiences and Products.
Michael Colglazier, Chief Executive Officer of Virgin Galactic, said, “I’m delighted to welcome Aparna to the Virgin Galactic team. She has an outstanding track record building and supporting highly skilled teams across engineering, maintenance, safety, and technical services. Aparna also brings deep experience hiring and developing top talent in global destinations around the world to support rapid growth. This unique background, combined with her proven ability to foster a high performance culture rooted in a diverse and inclusive work environment, will support Virgin Galactic’s ambitious growth strategy.”
As CPO, Chitale will report to Colglazier, with the mission to make the Company a destination for top talent. In this role, she will lead all aspects of human resources, including diversity, equity & inclusion, talent acquisition, employee experience, learning & development, compensation & benefits.
“I’m thrilled to join Virgin Galactic at such a significant time in the company’s journey,” said Chitale. “I am passionate about building energized and dedicated teams and creating a culture where everyone belongs. I look forward to being a part of this exceptional company as it continues to make history in the rapidly growing human spaceflight industry.”
At Disney, Chitale led HR strategy for the company’s International Parks business in Paris, Shanghai, Hong Kong and Tokyo, as well as leading HR for Disney’s Engineering, Maintenance, and Safety teams. In this role, she designed and implemented holistic people strategies – including diversity and inclusion programming – that supported business priorities across corporate functions, engineering, international parks, and cruise line businesses.
Prior to Disney, Chitale led Human Resources for Avaya India PVT Ltd, where she built the HR infrastructure that helped grow the business from 50 to 1,200+ employees with a strategic focus on building large engineering and technology teams.
Chitale holds a master’s degree in Personal Management and Industrial Relations from the Tata Institute of Social Sciences in Mumbai, India, and a Bachelor of Science (Chemistry) degree from Pune University, India.
Virgin Galactic Holdings, Inc. is a vertically integrated aerospace and space travel company, pioneering human spaceflight for private individuals and researchers with its advanced air and space vehicles. It is developing a spaceflight system designed to connect the world to the wonder and awe created by space travel and to offer customers a transformative experience. You can find more information at https://www.virgingalactic.com/.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of federal securities laws with respect to Virgin Galactic Holdings, Inc. (the "Company"), including statements regarding the Company’s spaceflight systems, markets and expected flight schedule. These forward-looking statements generally are identified by words such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the factors, risks and uncertainties included in Amendment No. 2 to our Annual Report on Form 10-K for the fiscal year ended December 31, 2020, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the "SEC"), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at www.virgingalactic.com. These filings identify and address other important risks and uncertainties that could cause the Company’s actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
