PracticeAccounting FirmsVirgin Galactic FD to take off

Virgin Galactic FD to take off

The FD of Virgin Galactic, the world’s first mass space carrier is to leave the company

Rob Preston, head of finance at the
Virgin Group arm,
is moving on to an undisclosed company in a few months, a Virgin Galactic
spokeswoman said.

The news of his departure came days after the Virgin Group unveiled the
WhiteKnightTwo, the carrier rocket which will ferry the SpaceShipTwo craft and
thousands of the world’s richest people into sub-orbital space.

Preston was closely involved in the rollout of the WhiteknightTwo, which
‘represents another major milestone in Virgin Galactic’s quest to launch the
world’s first private, environmentally benign, space access system for people,
payload and science,’ the company said.

Virgin Galactic’s new FD will be in charge of keeping the budget for the
ambitious project in check, which will now focus on 12-18 months of test flights
before the commercial trips take place.

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