Virgin Galactic appoints first CFO

Virgin Galactic appoints first CFOWorld’s first commercial spaceline Virgin Galactic has appointed Kenneth H. Sunshine, former Chief Financial Officer (CFO) at MDA Information Systems, as its first CFO.

Mr. Sunshine, who earlier also served the National Institute of Aerospace, Aurora Flight Sciences, Orbital Science Corporation and Draper Laboratories, will manage financial strategies and growth, and will try to transform Virgin Galactic from a development project into a commercially operational business.

Commenting on his appointment, Mr. Sunshine said, “Virgin Galactic is the clear leader in the new commercial manned space industry, and as such, I can think of nowhere I would rather be working.”

Earlier, Virgin Galactic named David Mackay, from Salisbury, as its first captain to fly tourists to the sub-orbital space.

Virgin Galactic, which is owned by Sir Richard Branson's Virgin Group and Aabar Investments PJS, is already test flying its first spaceship, with an aim to send the first batch of tourists to space within two years.

At a cost of £125,000 each, more than 400 people have already booked their seats to experience space travel with Virgin Galactic when it launches.