Latest news with #AdelAlSaleh
National Post
a day ago
- Business
- National Post
SES Announces Appointment of New CFO
Article content Elisabeth Pataki, a progressive finance executive with over 20 years of experience at Article content SES's Leadership Team as new CFO Article content LUXEMBOURG — SES today announced its Board of Directors has appointed Elisabeth (Lisa) Pataki as Chief Financial Officer (CFO), effective 16 June 2025. Lisa is a progressive finance executive with over 20 years of experience at various publicly listed multi-national aerospace and defence companies with strong background in company transformation and investment strategies. She will succeed Sandeep Jalan who has been SES's CFO since May 2020. Article content The SES Board acknowledges Sandeep's contribution to SES and wishes him success in future endeavours. Lisa will work closely with Sandeep to ensure a smooth handover before he leaves on 31 July 2025. Article content 'I would like to thank Sandeep for his steadfast leadership over the last five years where he has driven continuous execution improvement and transformation while strengthening the company's balance sheet with a competitive cost of capital and delivering healthy cash returns to shareholders,' said Adel Al-Saleh, CEO of SES. 'We are pleased to welcome Lisa as our new CFO. Lisa has extensive experience in the aerospace and defence ecosystem and has completed several successful M&A finance integrations. Moreover, her ability to develop financial strategies that prioritise operational focus, efficiency, and profitable investments will strengthen SES's Leadership Team, helping SES achieve our mission of being a leading satellite player.' Article content 'I would like to thank everyone at SES for their outstanding teamwork,' said Sandeep, CFO of SES. 'I am proud of the strides we have made during the past years, and I will continue to cheer SES's progress in the industry.' Article content Incoming CFO Lisa said, 'I look forward to stepping into this new position and working with everyone at SES to jointly deliver an exciting future for the years to come.' Article content Lisa joins SES from Aerojet Rocketdyne, an L3Harris Company, where she helped expand profitability through streamlining operations and prioritising capital investments for long-term growth. As Group CFO for the Comet Group from 2020-2023, she drove EBITDA margin expansion of over 5 percentage points. In her 10-year progressive career (2005-2015) across RTX Corporation (formerly Raytheon Technologies Corporation), she held multiple finance roles and led the financial integration of Applied Signal Technologies, one of Raytheon's largest acquisitions in 2011. Article content Twitter Article content | Article content Facebook Article content | Article content YouTube Article content | Article content LinkedIn Article content | Article content Instagram Article content Article content Article content Visit the Media Gallery > Article content About SES Article content SES has a bold vision to deliver amazing experiences everywhere on Earth by distributing the highest quality video content and providing seamless data connectivity services around the world. As a provider of global content and connectivity solutions, SES owns and operates a geosynchronous earth orbit (GEO) fleet and medium earth orbit (MEO) constellation of satellites, offering a combination of global coverage and high-performance services. By using its intelligent, cloud-enabled network, SES delivers high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners around the world. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: Article content Article content Contacts Article content
Yahoo
a day ago
- Business
- Yahoo
SES Announces Appointment of New CFO
Elisabeth Pataki, a progressive finance executive with over 20 years of experience at various publicly listed multi-national aerospace and defence companies, will strengthen SES's Leadership Team as new CFO LUXEMBOURG, June 06, 2025--(BUSINESS WIRE)--SES today announced its Board of Directors has appointed Elisabeth (Lisa) Pataki as Chief Financial Officer (CFO), effective 16 June 2025. Lisa is a progressive finance executive with over 20 years of experience at various publicly listed multi-national aerospace and defence companies with strong background in company transformation and investment strategies. She will succeed Sandeep Jalan who has been SES's CFO since May 2020. The SES Board acknowledges Sandeep's contribution to SES and wishes him success in future endeavours. Lisa will work closely with Sandeep to ensure a smooth handover before he leaves on 31 July 2025. "I would like to thank Sandeep for his steadfast leadership over the last five years where he has driven continuous execution improvement and transformation while strengthening the company's balance sheet with a competitive cost of capital and delivering healthy cash returns to shareholders," said Adel Al-Saleh, CEO of SES. "We are pleased to welcome Lisa as our new CFO. Lisa has extensive experience in the aerospace and defence ecosystem and has completed several successful M&A finance integrations. Moreover, her ability to develop financial strategies that prioritise operational focus, efficiency, and profitable investments will strengthen SES's Leadership Team, helping SES achieve our mission of being a leading satellite player." "I would like to thank everyone at SES for their outstanding teamwork," said Sandeep, CFO of SES. "I am proud of the strides we have made during the past years, and I will continue to cheer SES's progress in the industry." Incoming CFO Lisa said, "I look forward to stepping into this new position and working with everyone at SES to jointly deliver an exciting future for the years to come." Lisa joins SES from Aerojet Rocketdyne, an L3Harris Company, where she helped expand profitability through streamlining operations and prioritising capital investments for long-term growth. As Group CFO for the Comet Group from 2020-2023, she drove EBITDA margin expansion of over 5 percentage points. In her 10-year progressive career (2005-2015) across RTX Corporation (formerly Raytheon Technologies Corporation), she held multiple finance roles and led the financial integration of Applied Signal Technologies, one of Raytheon's largest acquisitions in 2011. Follow us on: Twitter | Facebook | YouTube | LinkedIn | Instagram Read our Blogs > Visit the Media Gallery > About SES SES has a bold vision to deliver amazing experiences everywhere on Earth by distributing the highest quality video content and providing seamless data connectivity services around the world. As a provider of global content and connectivity solutions, SES owns and operates a geosynchronous earth orbit (GEO) fleet and medium earth orbit (MEO) constellation of satellites, offering a combination of global coverage and high-performance services. By using its intelligent, cloud-enabled network, SES delivers high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners around the world. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: View source version on Contacts For further information please contact: Suzanne OngCommunicationsTel. +352 710 725 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
4 days ago
- Business
- National Post
Seventh and Eighth O3b mPOWER Satellites to Start Delivering Connectivity Services
Article content Article content LUXEMBOURG — SES announced today that the latest pair of O3b mPOWER satellites launched in December 2024 is now ready to offer services across the globe. Article content Featuring redesigned payload power modules, the seventh and eighth O3b mPOWER satellites are bolstering the capabilities of SES's second-generation medium earth orbit (MEO) system, supporting the delivery of high throughput and predictable low latency services at scale. To date, SES has launched eight out of 13 O3b mPOWER high-throughput and low-latency satellites. The next O3b mPOWER launch is scheduled for summer 2025. Article content SES has also expanded its strategically located satellite ground stations, and now has 12 operational O3b mPOWER gateways located in South Africa, Peru, Brazil, Portugal, Australia, Greece, the U.S., Chile, the United Arab Emirates and Senegal. Five out of these are co-located and operated by Microsoft's Azure data centres. Article content 'Our O3b mPOWER services are in high demand and we were eagerly awaiting the additional satellites to strengthen our MEO network,' said Adel Al-Saleh, CEO of SES. 'As we continue to deploy additional O3b mPOWER satellites, we are bringing substantially more capacity and improved network efficiency, resulting in a threefold increase in available capacity by 2027 to better serve our mobility, government, enterprise and cloud customers.' Article content SES started offering O3b mPOWER services worldwide since April 2024 and has been delivering high-performance network services to customer sites across Asia-Pacific, Africa, the Middle East and the Americas in multiple market segments. The system's exceptional flexibility means it can provide services ranging from tens of Mbps to multiple gigabits per second of capacity to any site. Article content About SES Article content SES has a bold vision to deliver amazing experiences everywhere on Earth by distributing the highest quality video content and providing seamless data connectivity services around the world. As a provider of global content and connectivity solutions, SES owns and operates a geosynchronous orbit fleet and medium earth orbit (GEO-MEO) constellation of satellites, offering a combination of global coverage and high performance services. By using its intelligent, cloud-enabled network, SES delivers high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners around the world. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: Article content Article content Article content Article content Article content
Yahoo
4 days ago
- Business
- Yahoo
Seventh and Eighth O3b mPOWER Satellites to Start Delivering Connectivity Services
With these satellites, SES is enhancing the O3b mPOWER network to serve customers across multiple market segments LUXEMBOURG, June 03, 2025--(BUSINESS WIRE)--SES announced today that the latest pair of O3b mPOWER satellites launched in December 2024 is now ready to offer services across the globe. Featuring redesigned payload power modules, the seventh and eighth O3b mPOWER satellites are bolstering the capabilities of SES's second-generation medium earth orbit (MEO) system, supporting the delivery of high throughput and predictable low latency services at scale. To date, SES has launched eight out of 13 O3b mPOWER high-throughput and low-latency satellites. The next O3b mPOWER launch is scheduled for summer 2025. SES has also expanded its strategically located satellite ground stations, and now has 12 operational O3b mPOWER gateways located in South Africa, Peru, Brazil, Portugal, Australia, Greece, the U.S., Chile, the United Arab Emirates and Senegal. Five out of these are co-located and operated by Microsoft's Azure data centres. "Our O3b mPOWER services are in high demand and we were eagerly awaiting the additional satellites to strengthen our MEO network," said Adel Al-Saleh, CEO of SES. "As we continue to deploy additional O3b mPOWER satellites, we are bringing substantially more capacity and improved network efficiency, resulting in a threefold increase in available capacity by 2027 to better serve our mobility, government, enterprise and cloud customers." SES started offering O3b mPOWER services worldwide since April 2024 and has been delivering high-performance network services to customer sites across Asia-Pacific, Africa, the Middle East and the Americas in multiple market segments. The system's exceptional flexibility means it can provide services ranging from tens of Mbps to multiple gigabits per second of capacity to any site. Follow us on: Twitter | Facebook | YouTube | LinkedIn | Instagram Read our Blogs >Visit the Media Gallery > About SES SES has a bold vision to deliver amazing experiences everywhere on Earth by distributing the highest quality video content and providing seamless data connectivity services around the world. As a provider of global content and connectivity solutions, SES owns and operates a geosynchronous orbit fleet and medium earth orbit (GEO-MEO) constellation of satellites, offering a combination of global coverage and high performance services. By using its intelligent, cloud-enabled network, SES delivers high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners around the world. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: View source version on Contacts For further information please contact: Suzanne OngCommunicationsTel. +352 710 725 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
