Intelsat S.A. (NYSE:I), the world’s leading provider of satellite services, today announced that it has accepted the resignation of its Chief Financial Officer, Michael McDonnell, to be effective mid-December 2015. Mr. McDonnell is leaving to accept the position of CFO at another public company. An external search for a successor CFO has commenced.
Intelsat CEO Stephen Spengler stated, “Mike successfully led a number of strategic initiatives during his tenure at Intelsat, including our Initial Public Offering in April 2013 and the major reorganization of our capital structure in 2011. We thank him for his contributions to Intelsat over the past seven years, and we wish him the best in his future endeavors.”
As was previously announced, the company will report its financial results for the three months ended September 30, 2015 on October 29, 2015.
About Intelsat:
Intelsat S.A. (NYSE: I) is the world’s leading provider of satellite services, delivering high performance connectivity solutions for media, fixed and mobile broadband infrastructure, enterprise and government and military applications. Intelsat’s satellite, teleport and fiber infrastructure is unmatched in the industry, setting the standard for transmissions of video and broadband services. From the globalization of content and the proliferation of HD, to the expansion of cellular networks and mobile broadband access, with Intelsat, envision your future network, connect using our leading satellite technology and transform your opportunities. Envision…Connect…Transform…with Intelsat. For more information, visit www.intelsat.com.
