Virgin Atlantic appoints new financial chief

Tuesday, 12 May, 2014 0

Virgin Atlantic has appointed Shai Weiss to the role of chief financial officer.

He will take up the role on July 7, joining from Virgin Group where he has been an investment partner since 2007.

Weiss also serves on the boards of a number of Virgin Group portfolio companies including Virgin Atlantic.

He will report to Virgin Atlantic CEO Craig Kreeger.

"As we continue to make strong progress against our plans for profitability, I am delighted to appoint Shai as our CFO," said Kreeger.

"Shai has extensive experience in driving improvements in financial performance and control of a number of successful businesses.

"As Shai has been an active member of the Virgin Atlantic Board since the summer of 2012, he has significant knowledge of our business and is well positioned to take on this critical role."

Before joining Virgin Group, Weiss held several management positions at cable operator ntl:Telewest, now Virgin Media.

He was also behind the merger between Virgin Mobile UK and ntl:Telewest and the re-brand to Virgin Media.

Prior to ntl, he was a member of Morgan Stanley’s hi-tech mergers, acquisitions and corporate finance teams.



 

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Bev

Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.



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