Virgin Galactic Holdings has announced the appointment of Enrico Palermo as Chief Operating Officer (COO), effective immediately. The company said that in this newly created role, he will be responsible for helping maintain efficiency and peak performance across the enterprise as it develops as a public company, and will lead the execution of specific company strategies and initiatives.
Mr Palermo currently serves as president of The Spaceship Company (TSC), the wholly-owned aerospace manufacturing and development subsidiary of Virgin Galactic. In this role he leads over 500 employees at the company’s facilities in Mojave, California. He joined Virgin Galactic in 2006 as one of its first employees and will maintain his capacity of TSC President.
Commenting on the new appointment, George Whitesides, CEO of Virgin Galactic, said: “Enrico is perfectly suited to become our first chief operating officer. His deep knowledge of the organization, built over 13 years with the company, enables him to hit the ground running on enterprise-wide goals. Over the years, Enrico has shown dedication to Virgin Galactic’s mission and has been an inseparable part of our success. On behalf of our Board, I am delighted to welcome Enrico as our new COO.”