LUXEMBOURG--(BUSINESS WIRE)--Jan. 29, 2016--
Intelsat S.A. (NYSE:I), the world’s leading provider of satellite
services, announced today that Jacques Kerrest is joining the company as
Executive Vice President and Chief Financial Officer, reporting to
Intelsat’s Chief Executive Officer, Stephen Spengler.
Mr. Kerrest will be responsible for the leadership of Intelsat’s
financial operations, including capital markets, accounting, treasury,
financial planning, investor relations and corporate development. He
will be a member of the company’s Management Committee and is expected
to begin his duties on February 1, 2016.
Intelsat CEO Stephen Spengler said, “Jacques brings a wealth of
experience to Intelsat. He has a strong track record of leading the
finance organizations of large, complex and global corporations. His
deep financial expertise in the telecom and media sectors will provide
new perspectives within our management team. I have confidence that his
financial acumen, corporate finance background and sector knowledge will
play an instrumental role in shaping our financial priorities and in the
attainment of our operational and long-term strategic goals.”
Mr. Kerrest joins Intelsat from DPC Data Inc. where he served as
President and led the company’s efforts in providing disclosure-related
data products and specialized data services to the municipal bond
marketplace in the United States. Prior to DPC Data, he was Chief
Financial Officer and Chief Operating Officer at ActivIdentity
Corporation (known today as HID Global). Mr. Kerrest’s experience also
includes CFO roles at Virgin Media, the second largest communications
company in the United Kingdom, Equant, and Chancellor Broadcasting.
Resources for the Media:
About Intelsat
Intelsat S.A. (NYSE: I) is the world’s leading provider of satellite
services, delivering high performance connectivity solutions for media,
fixed and mobile broadband infrastructure, enterprise and government and
military applications. Intelsat’s satellite, teleport and fiber
infrastructure is unmatched in the industry, setting the standard for
transmissions of video and broadband services. From the globalization of
content and the proliferation of HD, to the expansion of cellular
networks and mobile broadband access, with Intelsat, envision your
future network, connect using our leading satellite technology and
transform your opportunities.
Envision…Connect…Transform…with Intelsat. For more information,
visit www.intelsat.com.
Intelsat Safe Harbor Statement:
Statements in this news release and certain oral statements from time to
time by representatives of the company constitute "forward-looking
statements" that do not directly or exclusively relate to historical
facts. When used in this earnings release, the words “may,” “will,”
“might,” “should,” “expect,” “plan,” “anticipate,” “project,” “believe,”
“estimate,” “predict,” “intend,” “potential,” “outlook,” and “continue,”
and the negative of these terms, and other similar expressions are
intended to identify forward-looking statements and information.
The forward-looking statements reflect Intelsat's intentions, plans,
expectations, assumptions and beliefs about future events and are
subject to risks, uncertainties and other factors, many of which are
outside of Intelsat's control. Important factors that could cause actual
results to differ materially from the expectations expressed or implied
in the forward-looking statements include known and unknown risks. Known
risks include, among others, the risks described in Intelsat’s annual
report on Form 20-F for the year ended December 31, 2014, and its other
filings with the U.S. Securities and Exchange Commission, the political,
economic and legal conditions in the markets we are targeting for
communications services or in which we operate and other risks and
uncertainties inherent in the telecommunications business in general and
the satellite communications business in particular.
Because actual results could differ materially from Intelsat's
intentions, plans, expectations, assumptions and beliefs about the
future, you are urged to view all forward-looking statements with
caution. Intelsat does not undertake any obligation to update or revise
any forward-looking statements, whether as a result of new information,
future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160129005721/en/
Source: Intelsat
Intelsat
Dianne VanBeber
Vice President, Investor
Relations & Corporate Communications
Phone: +1 703-559-7406
Email:
dianne.vanbeber@intelsat.com
or
Michele
Loguidice
Director, Investor Relations & Corporate Communications
Phone:
+1 703-559-7372
Email: michele.loguidice@intelsat.com