SES appoints new CEO, CFO

Monday 12 February 2018 | 11:19 CET | News
SES has appointed Steve Collar its new group CEO and Andrew Browne its new CFO, both from 5 April. Collar is currently CEO of SES Networks. Browne was until recently CFO at O3b Networks and at SES. They will over the coming weeks work with current CEO and CFO Karim Michel Sabbagh and Padraig McCarthy, to ensure a smooth handover. 

The company said Sabbagh will be stepping down from the next SES AGM on 5 April, in order to spend time with his family and to pursue new interests. McCarthy informed the board of its intention to retire in the course of this year. His departure date was then set also for April. All other members of the executive board will remain in place. These include Ferdinand Kayser (CEO SES Video), Christophe De Hauwer (chief strategy and development officer), Martin Halliwell (CTO), Evie Roos (chief human resources officer) and John Purvis (chief legal officer). 

A successor to Steve Collar as CEO of SES Networks will be appointed in due course.