Two Execs Appointed to Intelsat Executive Leadership Team
Intelsat S.A. (NYSE: I), the world’s leading provider of satellite services, today announced the promotion of two seasoned executives that have strong records of creating value and delivering results for customers to the company’s executive leadership team.
The moves come as Stephen Spengler officially assumes the role of Chief Executive Officer on April 1 from Intelsat’s now executive chairman, Dave McGlade.
Kurt Riegelman, 51, has been named Senior Vice President, Sales and Marketing, assuming leadership of Intelsat’s product management and marketing functions in addition to the company’s global sales initiatives. Kurt previously served as Senior Vice President, Global Sales. By combining all customer facing responsibilities under one leader, Intelsat will streamline and accelerate its go-to-market strategy as the company plans to broaden its reach within existing and new applications.
Riegelman joined Intelsat in 1998 as Vice President, North America Sales responsible for many of Intelsat’s largest customer contracts within the media sector. In 2006, he assumed sales leadership for the Americas region and, in 2008, Riegelman increased his responsibility to cover all sales globally for Intelsat.
In a newly created role, Michael J. DeMarco, 44, has been named Senior Vice President, Operations, and will lead Intelsat’s network engineering, network operations and information system teams, including the company’s eight global teleport operations, effective immediately. He will be responsible for Intelsat’s information system strategy and for the delivery of the company’s end-to-end service portfolio, including the integration of the Intelsat EpicNG platform, the first satellite of which is expected to launch in early 2016. He previously served as Intelsat’s Senior Vice President, Marketing and Solutions Development in which he led the company’s product management, marketing, customer solutions engineering and asset management functions.
DeMarco joined the company in 2000 and since then has held roles of increasing responsibility within the company. He served as Vice President of Core Video Services, Senior Director of Business Operations, and Director of Product Finance at PanAmSat prior to its 2006 merger with Intelsat. In 2006, he was named Vice President of Media Services spearheading the development of successful video neighborhoods at the 66° and 68.5° orbital locations serving Africa and the Indian Ocean Region, as well as the Intelsat 1°W neighborhood serving Eastern Europe.
In addition to DeMarco and Riegelman, Michelle Bryan, Executive Vice President, General Counsel and Chief Administrative Officer; Thierry Guillemin, Executive Vice President and Chief Technology Officer and Michael McDonnell, Executive Vice President and Chief Financial Officer, will continue to report to Stephen Spengler and serve on the company’s executive leadership team.
Stephen Spengler, Chief Executive Officer, Intelsat, stated, “We are at an important inflection point at Intelsat and the satellite industry overall, as dynamic changes begin to take hold across the communications landscape and our sector. As we prepare to bring our next generation Intelsat EpicNG satellites to market, it requires strong leaders that are results-oriented and are passionate about supporting the growth of our customers. I’ve worked closely with both Kurt and Mike and have been impressed by their hard work, dedication and the strong leadership that they have demonstrated throughout the years. Working closely with other members of Intelsat’s senior leadership team, I am confident we can successfully navigate the challenges, seize upon the opportunities and together, deliver strong results for our customers, employees and shareholders over the long-term.”
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