
The departures have been interpreted as the latest stage in restructuring under acting chief executive Neil Berkett.
The Times, citing industry sources, reports that head of finance Jacques Kerrest may also soon leave the company.
Virgin said Cormier had asked to leave "some time ago" and was moving back to the US with his wife while negotiations with Kerrest, whose contract ended a year ago, were continuing.
Berkett took over in the summer after the resignation of Steve Burch.


