Eutelsat has appointed a new CFO and made a few other appointments. Eutelsat has been suffering of late in terms of its share price wiping around €1 billion off the operators share price.
The new CFO, who will not start until September 1st, is Antoine Castarède who will join from Oger Telecom where he has been CFO in Dubai since 2006. Prior to Oger Telecom he was at France Telecom, including Orange France, for 15 years. The current Acting CFO Ariane Rossi will become his deputy. Eutelsat’s previous CFO was Catherine Guillouard, who joined in 2007 and left unexpectedly in February this year. She joined electrical supply company Rexel within days of leaving Eutelsat.
Eutelsat has also appointed Raphaël Mussalian as its new CTO, succeeding David Bair who is moving to Washington DC as the new CEO of Eutelsat America. David will succeed Ron Samuel who will continue in an advisory role after 17 years at Eutelsat, of which 11 as CEO of Eutelsat America. Over his 28-year career at Eutelsat, Raphaël has built vast experience in driving the Group’s significant in-orbit expansion programme. David, who joined the company in 2010, will contribute his long and successful track record in the US space and defence industries to the continued development of Eutelsat America’s activities.