Advanced Television

Steve Spengle

Intelsat CCO stepping down

Amidst all the mayhem of its bankruptcy, Intelsat revealed to the Securities & Exchange Commission that Samer Halawi, its Chief Commercial Officer, is to leave at the end of the year. Halawi follows CEO Steve Spengler in stepping down. Halawi will receive a lump sum payoff of $1.18 million under the company’s employee incentive scheme. […]

December 6, 2021By Chris Forrester

Intelsat wins court approval over exec salaries

The top six executives at Intelsat have won the bankruptcy court’s approval to receive salaries and bonus payments despite protests from the Department of Justice. The payments – worth $17 million (€15.1m) overall – are based on Intelsat’s key employee incentive (KEIP) agreements with the executives. The bankruptcy court’s Judge Keith Phillips confirmed his judgement […]

July 1, 2020