Intelsat Board Appoints Stephen Spengler as
Deputy Chief Executive Officer
Chairman
and CEO David McGlade to Transition to Executive Chairman Role,
and Spengler to CEO Role, Effective April 1, 2015
11 December 2014
Intelsat S.A. announced that current Intelsat
President and Chief Commercial Officer Stephen Spengler has been
promoted to Deputy Chief Executive Officer, effective
immediately.
Under the company’s succession plan, Intelsat
Chairman and Chief Executive Officer David McGlade will
transition to the position of Executive Chairman, effective
April 1, 2015, at which time Mr. Spengler will become Chief
Executive Officer. Mr. McGlade will have served as the Company’s
Chief Executive Officer for 10 years.
Mr. Spengler has been with Intelsat in
various executive positions since 2003, including serving as
Executive Vice President, Sales, Marketing and Strategy. Mr.
Spengler has nearly 30 years’ experience in the satellite and
telecommunications industry. During his tenure at the company,
Mr. Spengler led the development of Intelsat’s global mobility
network, in which Intelsat now has a leading share of maritime
and aeronautical broadband services. He has also overseen the
development of the company’s next generation satellite platform,
Intelsat EpicNG®, of which the first satellite is
expected to launch in late 2015.
In announcing these changes, Mr. McGlade
stated, “Steve is a proven leader with outstanding customer and
communications industry knowledge and the ability to execute a
global plan. His vision has been instrumental in driving our
next generation strategy, and in building new innovative
services with the commercial satellite services we provide.”
“Intelsat’s role in providing global
connectivity has never been more relevant than it is today,”
said Mr. Spengler. “Our entire company is focused on delivering
services that support the future growth of our customers. I am
honored to lead our team during a period when our technology and
services are poised to accelerate the spread of broadband
connectivity globally.”