Latest news with #LeadershipTransition
Yahoo
22-07-2025
- Business
- Yahoo
David Broadbent Appointed to Lead Combined SES Space & Defense Organization
Leadership transition follows SES's acquisition of Intelsat, unifying Government & Defense capabilities under one organization RESTON, Va., July 22, 2025--(BUSINESS WIRE)--SES Space & Defense is pleased to announce the appointment of David Broadbent as President and CEO, effective July 17, 2025, as designated by the SES Space & Defense Proxy Board. His appointment coincides with the completion of SES's acquisition of Intelsat, marking a significant step in the integration of the two organizations. As part of the acquisition, SES has combined the government and defense divisions of both companies under one integrated organization, SES Space & Defense. "I'm honored to lead this newly integrated organization at such a pivotal moment," said David Broadbent, President and CEO, SES Space & Defense. "Our focus moving forward is to harness the combined strengths of our people, capabilities, and technology to deliver mission-driven outcomes for our government mission partners. As a unified team, we are uniquely positioned to provide a secure and resilient multi-orbit strategy that advance national security objectives, protect sovereignty, and ensure uninterrupted access to critical communication infrastructure." David Broadbent has over 20 years of leadership experience in the satellite communications and defense sector. He joins SES Space & Defense from Intelsat, where he most recently served as President of Government Solutions, responsible for the company's global government business. Prior to his time at Intelsat, David spent 21 years at Raytheon Technologies in a variety of senior business leadership roles, including serving as President of the company's Space Systems business unit. "David Broadbent brings the strategic vision and operational discipline essential to advance our government business," said Billy Bingham, Chairman of the Board of Directors, SES Space & Defense. "With a career defined by success across both U.S. and international government markets, he has consistently translated mission needs into innovative, effective solutions. David's deep expertise in SATCOM, defense technology, and government solutions positions him to accelerate SES's mission of delivering secure, resilient, and forward-leaning space capabilities." Broadbent succeeds David Fields, who has led SES Space & Defense with distinction for the past three years. "David Fields has been an integral part of our organization since SES acquired DRS Global Enterprise Solutions in 2022," said Billy Bingham. Under Fields' leadership, SES Space & Defense was formed, setting a new benchmark for excellence in delivering secure, mission-critical comms. Through his vision, integrity and commitment, Fields built a trusted brand and a mission-driven culture that continues to serve our customers. On behalf of the Board and the entire organization, we extend our sincere gratitude to David for his lasting contributions to our team, our partners, and the mission." Follow us on: Twitter | Facebook | YouTube | LinkedIn | Instagram Read our Blogs > Visit the Media Gallery > About SES Space & Defense SES Space & Defense is a wholly-owned subsidiary of SES and is exclusively focused on building, managing, and supporting the most advanced satellite network solutions for the U.S. Government. SES Space & Defense uses a proven multi-operator network integration and management capability, a broad global terrestrial network, as well as access to SES's multi-orbit satellite fleet. It also offers U.S. Department of Defense customers the essential tools in cybersecurity for mission-critical operations, coupled with a proven track record in governance and compliance. SES Space & Defense operates under a proxy board, enabling it to support classified projects, and it has participated in the U.S. Government satcom sector for nearly six decades. Further information can be found at: About SES At SES, we believe that space has the power to make a difference. That's why we design space solutions that help governments protect, businesses grow, and people stay connected—no matter where they are. With integrated multi-orbit satellites and our global terrestrial network, we deliver resilient, seamless connectivity and the highest quality video content to those shaping what's next. Following our Intelsat acquisition, we now offer more than 100 years of combined global industry leadership—backed by a track record of bringing innovation "firsts" to market. As a trusted partner to customers and the global space ecosystem, SES is driving impact that goes far beyond coverage. View source version on Contacts Melanie DelannoySES Space & DefenseVice President, Marketing & CommunicationsTel. +1 571 443
National Post
22-07-2025
- Business
- National Post
David Broadbent Appointed to Lead Combined SES Space & Defense Organization
Article content Leadership transition follows SES's acquisition of Intelsat, unifying Government & Defense capabilities under one organization Article content RESTON, Va. — SES Space & Defense is pleased to announce the appointment of David Broadbent as President and CEO, effective July 17, 2025, as designated by the SES Space & Defense Proxy Board. His appointment coincides with the completion of SES's acquisition of Intelsat, marking a significant step in the integration of the two organizations. Article content As part of the acquisition, SES has combined the government and defense divisions of both companies under one integrated organization, SES Space & Defense. 'I'm honored to lead this newly integrated organization at such a pivotal moment,' said David Broadbent, President and CEO, SES Space & Defense. 'Our focus moving forward is to harness the combined strengths of our people, capabilities, and technology to deliver mission-driven outcomes for our government mission partners. As a unified team, we are uniquely positioned to provide a secure and resilient multi-orbit strategy that advance national security objectives, protect sovereignty, and ensure uninterrupted access to critical communication infrastructure.' Article content David Broadbent has over 20 years of leadership experience in the satellite communications and defense sector. He joins SES Space & Defense from Intelsat, where he most recently served as President of Government Solutions, responsible for the company's global government business. Prior to his time at Intelsat, David spent 21 years at Raytheon Technologies in a variety of senior business leadership roles, including serving as President of the company's Space Systems business unit. Article content 'David Broadbent brings the strategic vision and operational discipline essential to advance our government business,' said Billy Bingham, Chairman of the Board of Directors, SES Space & Defense. 'With a career defined by success across both U.S. and international government markets, he has consistently translated mission needs into innovative, effective solutions. David's deep expertise in SATCOM, defense technology, and government solutions positions him to accelerate SES's mission of delivering secure, resilient, and forward-leaning space capabilities.' Article content Broadbent succeeds David Fields, who has led SES Space & Defense with distinction for the past three years. Article content 'David Fields has been an integral part of our organization since SES acquired DRS Global Enterprise Solutions in 2022,' said Billy Bingham. Under Fields' leadership, SES Space & Defense was formed, setting a new benchmark for excellence in delivering secure, mission-critical comms. Through his vision, integrity and commitment, Fields built a trusted brand and a mission-driven culture that continues to serve our customers. On behalf of the Board and the entire organization, we extend our sincere gratitude to David for his lasting contributions to our team, our partners, and the mission.' 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 > Article content About SES Space & Defense SES Space & Defense is a wholly-owned subsidiary of SES and is exclusively focused on building, managing, and supporting the most advanced satellite network solutions for the U.S. Government. SES Space & Defense uses a proven multi-operator network integration and management capability, a broad global terrestrial network, as well as access to SES's multi-orbit satellite fleet. It also offers U.S. Department of Defense customers the essential tools in cybersecurity for mission-critical operations, coupled with a proven track record in governance and compliance. SES Space & Defense operates under a proxy board, enabling it to support classified projects, and it has participated in the U.S. Government satcom sector for nearly six decades. Further information can be found at: Article content About SES Article content At SES, we believe that space has the power to make a difference. That's why we design space solutions that help governments protect, businesses grow, and people stay connected—no matter where they are. With integrated multi-orbit satellites and our global terrestrial network, we deliver resilient, seamless connectivity and the highest quality video content to those shaping what's next. Following our Intelsat acquisition, we now offer more than 100 years of combined global industry leadership—backed by a track record of bringing innovation 'firsts' to market. As a trusted partner to customers and the global space ecosystem, SES is driving impact that goes far beyond coverage. Article content Article content Article content Contacts Article content
Yahoo
10-07-2025
- Business
- Yahoo
NECC Announces Cagen Williams as CEO
Leadership Transition, Backed by RCap Equity Partners, Underscores Commitment to Execution, Expansion, and Long-Term Value Creation LORTON, Va., July 10, 2025 /PRNewswire/ -- Northeast Contracting Company, LLC (NECC), a premier commercial roofing contractor based in Virginia, today announced Cagen Williams as Chief Executive Officer. Mr. Williams is an entrepreneurial leader with expertise in finance and operational strategy. He joins NECC with a clear mandate to drive growth, expand the company's geographic footprint, strengthen service delivery, and champion the success of NECC's skilled tradespeople and in-house talent. The appointment signals NECC's next phase of growth following RCap Equity Partners' investment in 2024, in partnership with Monroe Capital LLC. The company is now underway with a strategic transformation into a high-performance commercial roofing platform serving the Mid-Atlantic region and beyond. "NECC is a company with deep roots, trusted relationships, and a reputation for performance in the field," Williams commented. "We're here to raise the bar on field response, scale operations, and deliver reliable performance for NECC's institutional client base. This next chapter is about action, expertise, expansion, and impact." Williams comes to NECC from the Florida-based EPC Panhandle Power Solutions, where he first earned a leadership role in 2009 as Director of Operations. He went on to serve as President and CEO, guiding the company through its acquisition in 2019 and expanding its federal contracting roots into the clean energy sector. He brings an MBA from New York University's Stern School of Business, along with a proven track record of transforming industrial service businesses, to his role as CEO of NECC. "Cagen is a high-integrity, high-performance leader," said Matthew Raymon, Partner at RCap. "He brings a forward-thinking, execution-focused mindset to his role as CEO. We're confident he will position NECC as a best-in-class partner to asset managers and operators of essential infrastructure across the full building envelope." Founded as a family-owned business in 1994, NECC serves institutional, educational, and mission-critical facilities with expert roofing systems and full envelope solutions that protect uptime and operational continuity. Under Williams' leadership, the company will continue investing in its people and processes to drive growth in current and new markets, while maintaining NECC's legacy of expertise and quality. For more information about NECC, please visit About NECCFounded in 1994, NECC is a commercial roofing and building envelope company supporting institutional clients with high-performance solutions. Known for its technical precision, field-tested teams, and ability to keep operations running in critical environments, the company underwent a significant equity infusion from RCap Equity Partners in 2024. As the market continues to evolve, NECC is ready to scale its geographic reach and service depth, setting the standard for what's next in commercial roofing and envelope protection. For more information, visit or follow the company on LinkedIn. About RCap Equity PartnersBased in the Philadelphia area, RCap Equity Partners is a private equity firm specializing in control equity investments in lower middle market companies. The firm is an active investor in profitable and growing enterprises across a broad range of industries. The RCap team, in partnership with management, seeks to create value through operational improvements, strategic growth initiatives, and tuck-in acquisitions. For more information, visit About Monroe Capital LLCBased in Chicago, Monroe Capital LLC is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and private equity sponsors. For more information and important disclaimers, please visit Media ContactShannon Fureyshannon@ 732-995-1638 View original content to download multimedia: SOURCE Northeast Contracting Company Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
15-05-2025
- Business
- Bloomberg
World Economic Forum Scrambles to Find a New Leader
Klaus Schwab's abrupt departure from the World Economic Forum is said to have complicated carefully laid plans to persuade Christine Lagarde to take the helm in a seamless transition. Schwab, 87, founded and led the storied organization for more than half a century. He had initially intended to stay on until early 2027, the same year Lagarde's term as European Central Bank president comes to an end. But he left last month amid accusations of financial misconduct and a clash with the Forum's directors.
Bloomberg
15-05-2025
- Business
- Bloomberg
World Economic Forum Chases Lagarde as Its Next Leader After Founder's Abrupt Exit
By , Jan-Henrik Foerster, and Bastian Benrath-Wright Save Klaus Schwab's abrupt departure from the World Economic Forum, the influential organization he founded and led for more than half a century, has complicated carefully laid plans to persuade Christine Lagarde to assume the helm in a seamless transition, according to people familiar with the discussions. Schwab, 87, had initially intended to stay on until early 2027, the same year Lagarde's term as European Central Bank president comes to an end, but he left last month amid accusations of financial misconduct and a clash with the Forum's directors. He denies any wrongdoing.
