Virgin America’s Chief Financial Officer to step down
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Virgin America announced (17-Dec-08) that Robert B. Dana, its founding Senior Vice President - Chief Financial Officer, will step down in early 2009. Mr. Dana cited personal reasons for his decision, particularly the challenges of the transcontinental weekly commute from the New York area that he has conducted since the Company moved its corporate headquarters from Manhattan to Burlingame, California in 2005.
Mr. Dana said, “Decisions like this are never easy, but this is the right move at the right time for my family and me. The most difficult part will be leaving the greatest group of teammates anyone could ever have. But I’m encouraged by the fact that as I take my leave, Virgin America is superbly positioned with respect to our financial stability, our reputation with our guests, and our executive leadership.”
Mr. Dana is employee number 1 at Virgin America, and has held his current position since 28-Jun-04.
Virgin America President and CEO David Cush said, “Bob played a foundational role in launching Virgin America and growing the Company from a start-up to the award-winning carrier it is today. He leaves Virgin America as the best capitalized U.S. start-up airline of all time - with a strong business plan and financial portfolio. All of us here thank him for his service and wish him the best in his future endeavors.”
Mr. Dana has agreed to stay on through a yet to be determined date in the first quarter of 2009.
(c) Centre for Asia Pacific Aviation. Date posted: 18-Dec-08
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Virgin America’s Chief Financial Officer to step down 
