Virgin Galactic Holdings Executive Compensation (FY25)
SPCE · Executive and director compensation, fiscal 2022 to 2025
The paid brief on Virgin Galactic Holdings
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Data as of September 21, 2026Latest filing (8-K): June 15, 2026
11 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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236 figures on this page: 229 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
More on Virgin Galactic Holdings
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Michael Colglazier: $5,638,706 → $10,745,916 (90.6% higher)
CEO pay ratio: 33:1 → 59:1 (78.8% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Virgin Galactic Holdings' chief executive and what were they paid?
Michael Colglazier, Chief Executive Officer and President, received $10,745,916 in total compensation for fiscal 2025. Colglazier's total moved 90.6% higher from the $5,638,706 reported for fiscal 2024.
What was Virgin Galactic Holdings' say-on-pay result?
The say-on-pay proposal drew 67.0% support at the meeting held June 11, 2026 for fiscal 2025.
Which companies are in Virgin Galactic Holdings' peer group?
Companies named in the disclosed peer group include Archer Aviation Inc., Blade Air Mobility, Inc., Curtiss-Wright Corporation, Joby Aviation, Inc. and Kratos Defense & Security Solutions, Inc., among others.
What is Virgin Galactic Holdings' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 59:1, against median employee compensation of $180,630.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Colglazier Chief Executive Officer, President and Director | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Doug Ahrens Executive Vice President, Chief Financial Officer and Treasurer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Swami Iyer Former President, Aerospace Systems Departed during or after this year | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Michael Moses President, Space Missions and Safety | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aparna Chitale Executive Vice President, Chief People Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sarah Kim Executive Vice President, Chief Legal Officer and Secretary | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Alistair Burns Senior Vice President, Chief Information Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Colglazier Chief Executive Officer, President and Director | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Doug Ahrens Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aparna Chitale Chief People Officer and Executive Vice President, Customer Operations | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sarah Kim Executive Vice President, Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Alistair Burns Former Senior Vice President, Chief Information Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Colglazier Chief Executive Officer and President | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Doug Ahrens Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aparna Chitale Chief People Officer and Executive Vice President, Astronaut Operations | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sarah Kim Executive Vice President, Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Aparna Chitale | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Aparna Chitale | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Doug Ahrens | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Doug Ahrens | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael Colglazier | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael Colglazier | PSU | ◇ | — withheld | ◇ | — | ◇ | — | ◇ |
| Sarah Kim | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sarah Kim | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2022, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Michael Colglazier | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Aparna Chitale | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Sarah Kim | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Doug Ahrens | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 03/16/2032 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Aparna Chitale
Chief People Officer and Executive Vice President, Astronaut Operations · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Doug Ahrens
Chief Financial Officer and Treasurer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Michael Colglazier
Chief Executive Officer and President · Employment agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
| Non-solicit period | ◇ |
Sarah Kim
Executive Vice President, Chief Legal Officer and Corporate Secretary · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Raymond Mabus Jr | ◇ | ◇ | — | — | — | — | ◇ |
Tina Jonas | ◇ | ◇ | — | — | — | — | ◇ |
Diana Strandberg | ◇ | ◇ | — | — | — | — | ◇ |
W. Gilbert West | ◇ | ◇ | — | — | — | — | ◇ |
Craig Kreeger | ◇ | ◇ | — | — | — | — | ◇ |
Henio Arcangeli Jr | ◇ | ◇ | — | — | — | — | ◇ |
Wanda Sigur | ◇ | ◇ | — | — | — | — | ◇ |
Luigi Brambilla | ◇ | — | — | — | — | — | ◇ |
Michael Colglazier and Allison Belzberg served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Archer Aviation Inc. ACHR
- Blade Air Mobility, Inc. symbol not shown
- Curtiss-Wright Corporation CW
- Joby Aviation, Inc. JOBY
- Kratos Defense & Security Solutions, Inc. KTOS
- Lucid Group, Inc. LCID
- Lyft, Inc. LYFT
- Mercury Systems, Inc. MRCY
- Moog Inc. MOG.A
- Nikola Corporation NKLA
- Peloton Interactive, Inc. PTON
- Sonos, Inc. SONO
- Sunrun Inc. RUN
- Vail Resorts, Inc. MTN
- Wheels Up Experience Inc. UP
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 11, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 5, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 12, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | June 8, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 9, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | August 25, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | June 2, 2020 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Virgin Galactic Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Virgin Galactic Holdings sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceSay-on-pay responsiveness
Virgin Galactic Holdings recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysisAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
236 figures on this page: 229 cited to the filing that reported them, 7 calculated from figures it prints.
229 cited to the filing
7 calculated from the filing
Documents cited
- 0001706946-26-000111Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001706946-26-000046CEO Pay Ratio · Director Compensation · Executive Compensation Tables · Grants of Plan-Based Awards · and 1 more section
- 0001706946-25-000118Employment Agreement
- 0001706946-25-000100
- 0001706946-25-000063Compensation Discussion and Analysis · Summary Compensation Table
- 0001193125-24-161660
- 0001706946-23-000049
- 0001308179-23-000771Summary Compensation Table
- 0001706946-22-000072
- 0001706946-21-000106
- 0001706946-20-000015Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Virgin Galactic Holdings executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SPCE (accessed 2026).
Short form: data: Velarion
The paid brief for Virgin Galactic Holdings
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
11 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Virgin Galactic Holdings discloses
The companies named in SPCE's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}