Eutelsat Communications has given details of the salary that will be paid to Michel de Rosen as he moves from chief executive to chairman of the satellite operator.
De Rosen’s new basic salary will be €200,000 per annum.
He’ll also receive an “annual variable remuneration” as determined by the board of directors – based on his past performance – and up to 4,700 free shares.
Rodolphe Belmer will become chief executive from March 1, 2016.