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HomeBreadcrumbCalendarsBreadcrumbInternational AffairsBreadcrumbAppointments and Retirements

New Virgin Atlantic CEO assumes position

Friday 1 February 2013
United States

Published: 8 Jan 2013 | By mariamartens and 2 others | Last updated: 12 Feb 2013
   
New Virgin Atlantic CEO assumes position -
Virgin Atlantic Airbus A340-642 G-VMEG 1
flickr- Ronnie Macdonal...

Craig Kreeger, previously employed with American Airlines, assumes the position of Virgin Atlantic's new CEO. He succeeds Steve Ridgway, who is retiring from Virgin Atlantic after serving as Chief Executive for 11 years. 


Kreeger's experience covers commercial, financial and strategic roles after working with American Airlines for 27 years. 


The management change follows Delta Airline's recent acquisition of a 49 percent stake in Virgin Atlantic, which leaves founder Richard Branson with the controlling 51 percent stake in the British airline company. Although the Delta-Virgin deal requires regulatory approval in the US and the EU, it is expected to be closed by the end of 2013. 


According to Branson, Kreeger "is the right person to succeed Steve Ridgway at this dynamic and challenging time for our airline."

Sources
Virgin Atlantic recruits CEO from American Airlines www.france24.com
American Airlines' Kreeger to Be New Virgin Atlantic CEO online.wsj.com
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Created by mariamartensCreated by mariamartens
on Tue 8 Jan 2013
Modified by JorienLast modified by Jorien
on Tue 12 Feb 2013
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Location: United States
Date: Friday 1 February 2013
Duration: 1 day
Planning: confirmed
Ended: 108 days ago

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