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Eutelsat Appoints Christophe Caudrelier as Chief Financial Officer
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
Eutelsat Communications has appointed Christophe Caudrelier as Chief Financial Officer, starting January 2, 2023. Caudrelier brings over 30 years of financial expertise from various global industries, emphasizing operational excellence. This leadership change follows Sandrine Téran’s resignation. CEO Eva Berneke highlighted Caudrelier's suitability for Eutelsat's ambitious strategic roadmap in the Video and Connectivity sectors. Caudrelier previously served at Tikehau Ace Capital Partners and holds significant experience in finance at firms including Valeo and Naval Group.
Positive
Christophe Caudrelier's extensive financial experience may enhance Eutelsat’s financial strategy.
His international background could bring fresh perspectives to Eutelsat's business operations.
Negative
The departure of Sandrine Téran may lead to potential continuity concerns within the financial team.
PARIS--(BUSINESS WIRE)--
Regulatory News:
Eutelsat Communications (Euronext Paris: ETL) (Paris:ETL) today announced the appointment of Christophe Caudrelier as Chief Financial Officer, effective at the latest on 2nd January 2023.
Christophe Caudrelier brings a wealth of experience as CFO from his 30-year career in global industries where operational excellence and long-term investments are key to successfully addressing the evolving customer expectations. His appointment follows the announcement by Sandrine Téran that she is stepping down as Chief Financial Officer to move on to other professional projects.
“I am happy to welcome Christophe to the Eutelsat team. I believe that Christophe’s experience in strongly business-oriented finance and his international background will be valuable assets for Eutelsat”, Eutelsat's Chief Executive Officer Eva Berneke explained.
Christophe Caudrelier added: “I am very pleased and proud to join Eutelsat as Chief Financial Officer. I look forward to contributing to the future of Eutelsat’s Video and Connectivity businesses and to its ambitious strategic roadmap as part of the telecom pivot.”
Christophe joins Eutelsat from Tikehau Ace Capital Partners where he served as Operating Partner - Finance. Tikehau Ace Capital Partners, a subsidiary of Tikehau Capital, is a private equity firm specialised in strategic industries and technologies with more than 1 billion euros in assets under management with a vertical approach to strategic industries and technologies (e.g. aerospace, defence, cybersecurity).
Before joining Tikehau Ace Capital, Christophe, who started his career as an external auditor with Arthur Andersen, spent 17 years at Valeo where he held various positions in the US, Turkey, and the UK, including CFO of the Powertrain Systems Business Group before joining Naval Group as Group CFO in 2011. In 2015, he was appointed as CFO of the Bénéteau Group, and later COO in charge of finance and operational excellence. Christophe is a graduate of the Ecole Supérieure des Hautes Etudes Commerciales (ESCP) Europe.
About Eutelsat Communications
Founded in 1977, Eutelsat Communications is one of the world's leading satellite operators. With a global fleet of satellites and associated ground infrastructure, Eutelsat enables clients across Video, Data, Government, Fixed and Mobile Broadband markets to communicate effectively to their customers, irrespective of their location. Around 7,000 television channels operated by leading media groups are broadcast by Eutelsat to one billion viewers equipped for DTH reception or connected to terrestrial networks. Committed to promoting all facets of sustainable development across its business activities, Eutelsat leverages its in-orbit resources to help bridge the digital divide while maintaining a safe and uncluttered space environment. As an attractive and socially responsible employer, Eutelsat assembles 1,200 men and women from 50 countries who are dedicated to delivering the highest quality of service.
Who is the new Chief Financial Officer of Eutelsat Communications?
Christophe Caudrelier is the newly appointed Chief Financial Officer of Eutelsat Communications, effective January 2, 2023.
What is the background of Christophe Caudrelier?
Christophe Caudrelier has over 30 years of experience in finance across various global industries and has held significant positions at Tikehau Ace Capital Partners, Valeo, and Naval Group.
Why did Sandrine Téran step down from her position?
Sandrine Téran resigned from her role as Chief Financial Officer to pursue other professional projects.
What is the focus of Eutelsat Communications under the new CFO?
Eutelsat plans to strengthen its strategic roadmap in Video and Connectivity businesses under the leadership of the new CFO, Christophe Caudrelier.
