Today, Virgin Galactic, the world’s first commercial spaceline, announced John S. Rego has joined the company as its new Chief Financial Officer. Rego brings nearly three decades of finance, accounting and operations experience to the commercial space company.
As CFO, Rego will provide overall strategic and operational direction to Virgin Galactic’s accounting, finance, financial planning and analysis, treasury, risk and tax activities. He will work with Virgin Galactic CEO George Whitesides and the senior management team to build strategic financial and capital plans to achieve corporate objectives.
“Virgin Galactic is rapidly moving toward our commercial spaceflight operations later this year,” Whitesides said. “John has deep experience in scaling high-growth businesses for sustainable success. We are proud to have him join our team.”
Rego’s nearly 30-year financial career is rooted in leadership and management positions. He joins Virgin Galactic after serving as CFO for AppSense, Inc., a U.K.-based enterprise software company, headquartered in New York. He spent nearly eight years as executive vice president, CFO and treasurer for Vonage Holdings Corp. in New Jersey, where he raised $1.3 billion in capital, guided the company through exponential growth from zero to approximately 2.5 million customers and more than $900 million in revenues within six years. Other experience includes senior leadership positions at Petra Solar, Inc., RCN Corporation and Winstar Communications, among others.
A graduate of Rutgers University, Rego earned his CPA license in 1985 in the state of New Jersey.