A restructuring at SES sees the creation of two new business units headed by familiar names.
SES Video and SES Networks will separately focus on the video and data segments of the satellite operator’s business.
Ferdinand Kayser, currently Chief Commercial Officer of SES, is appointed Chief Executive Officer of SES Video; Steve Collar, currently Chief Executive Officer of O3b Networks, is appointed Chief Executive Officer of SES Networks. Both will report to Karim Michel Sabbagh, President and Chief Executive Officer of SES.
“This new market facing structure will enable SES to accelerate the execution of its market centric strategy and concentrate its differentiated capabilities within each community to best serve its customers globally,” said Romain Bausch, Chairman of the SES Board of Directors. “Scaling up its essential capabilities, SES demonstrates strategic determination and foresight, bringing the best of SES to each and every client we serve around the world. The new operating model will allow SES to fully leverage the capabilities of its affiliates, MX1 and O3b, in which we have recently made significant investments, and make them a key enabler of our video and data-centric businesses, respectively.
The new organisations will be brought in during the course of 2017.
