Intelsat Adds Further Industry Experience to Executive Team

Rhea-AI Summary

Intelsat has appointed four new leaders to enhance its financial and commercial functions. Toby O’Brien, previously CFO at Raytheon Technologies (RTX), will become Intelsat’s new CFO. Michael DeMarco shifts to Chief Commercial Officer after over 20 years with Intelsat. Clay McConnell is named Senior VP of Corporate Communications and Marketing, joining from Delta Air Lines (DAL). Jeff Sare becomes President of the Commercial Aviation division, previously with Panasonic Avionics. These appointments aim to bolster Intelsat's strategic initiatives in global connectivity.

Positive

• Appointment of Toby O’Brien as CFO could enhance financial strategy and oversight for Intelsat due to his extensive experience at Raytheon Technologies.
• Michael DeMarco's promotion to Chief Commercial Officer reflects continuity in leadership, likely aiding in the execution of commercial strategies and customer engagement.
• New leadership in corporate communications may improve Intelsat's market presence and brand messaging.

Negative

• None.

New Leaders Tapped for Finance, Commercial, Comms/Marketing, and Commercial Aviation Functions

MCLEAN, Va.--(BUSINESS WIRE)-- Intelsat, operator of the world’s largest integrated satellite and terrestrial network and leading provider of inflight connectivity, today named four seasoned aerospace and tech leaders to key financial and commercial roles.

Anthony (Toby) O’Brien will become Intelsat’s next chief financial officer (CFO). Bringing a wealth of experience to the job, O’Brien most recently served as corporate CFO for Raytheon Technologies (NYSE: RTX) after a five-year stint as CFO for Raytheon Company before its merger with United Technologies. He led teams for more than three decades at Raytheon, both in corporate and various divisional and business unit finance roles, and was a key player in several strategic initiatives including the Raytheon Technologies merger and integration. O'Brien will report directly to Intelsat’s new CEO, David Wajsgras.

Michael DeMarco, currently Intelsat's chief services officer will become the new chief commercial officer (CCO), responsible for all Intelsat commercial services offerings to include product management, sales activities, sales engineering, and pricing. He will continue to report to Wajsgras. DeMarco has been with the company for more than 20 years, previously leading Intelsat’s product, engineering and operations teams. He was also responsible for the company’s digital transformation strategy and the delivery of the company’s end-to-end service portfolio.

Clay McConnell has been named the company’s senior vice president of Corporate Communications and Marketing. McConnell came to Intelsat after three decades in communications at Delta Air Lines (NYSE: DAL) and Airbus SAS (AIR.PA), where he most recently served as head of communications for Airbus Americas. McConnell also reports directly to Wajsgras.

Jeff Sare joins the company as the new president of Intelsat’s Commercial Aviation division. Sare comes to Intelsat from his role as vice president and Connectivity Solutions business segment leader at Panasonic Avionics. He also has held several executive roles in other aerospace and electronics companies, including work for Thales in strategic planning and inflight entertainment and connectivity. Sare will report to DeMarco.

“As we execute our strategy to create an environment of seamless global connections with transformational technologies, we are committed to reestablishing the market and innovation leadership that has been the hallmark of Intelsat for decades," said CEO Wajsgras. "Talented people like Jeff, Mike, Toby, and Clay will help the team position our company to deliver on our strategic objectives. They share Intelsat’s dedication to building and leveraging our unified communications network to help our customers stay connected – all the time, everywhere."

DeMarco, O'Brien, and McConnell will be based in the company’s McLean, Virginia office, while Sare will be based with Intelsat’s Commercial Aviation team in Chicago. All begin their roles this month.

About Intelsat

As the foundational architects of satellite technology, Intelsat operates the world’s most trusted satellite telecom network. We apply our unparalleled expertise and global scale to connect people, businesses, and communities, no matter how difficult the challenge. Intelsat is building the future of global communications with the world’s first hybrid, multi-orbit, software-defined 5G network designed for simple, seamless, and secure coverage precisely when and where our customers most need it. Follow the leader in global connectivity and “Imagine Here,” with us, at Intelsat.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220505005282/en/

Melissa Longo - melissa.longo@intelsat.com; +1 240-308-1881

Source: Intelsat

FAQ

Who is the new CFO of Intelsat?

Toby O’Brien has been appointed as the new CFO of Intelsat.

What roles have been filled at Intelsat recently?

Intelsat has recently appointed a new CFO, CCO, Senior VP of Corporate Communications, and President of Commercial Aviation.

What is the significance of Toby O’Brien's appointment at Intelsat?

Toby O'Brien's experience as CFO at Raytheon Technologies may strengthen Intelsat's financial strategy and leadership.

Who is the new Chief Commercial Officer at Intelsat?

Michael DeMarco has been named as the new Chief Commercial Officer of Intelsat.

What experience does Clay McConnell bring to his new role at Intelsat?

Clay McConnell has three decades of experience in communications, including leadership roles at Delta Air Lines and Airbus.

When do the new leaders start their roles at Intelsat?

All new leaders are set to begin their roles this month.