Virgin Mobile USA Loses Chief Financial Officer

Virgin Mobile USA has lost its Chief Financial Officer, John Feehan - who has announced that he will leave in Mid-November to join a firm working in identity theft protection.

Mr. Feehan joined Virgin Mobile USA in 2001 as one of the Company's first employees, and was named chief financial officer in 2006 following almost five years of service as vice president of financial operations. Dan Schulman, chief executive officer for Virgin Mobile USA, said Feehan will remain with Virgin Mobile USA for the next 60 days, through the Company's third quarter earnings report, while an external search to fill the CFO position takes place.

Schulman added that the Company's guidance, last provided on its second quarter earnings call, remains unchanged.

Virgin Mobile USA is a joint venture between Richard Branson's Virgin Group and Sprint Nextel. The company recently completed a merger with SK Telecom backed MVNO, Helio.

Posted to the site on 17th September 2008