Former Intelsat chairman inducted into satellite pros hall of fame

MUMBAI: Global satellite services provider Intelsat has announced today its former chairman Conny Kullman is a 2007 inductee to the Society of Satellite Professionals International (SSPI) Satellite Hall of Fame.

Kullman led Intelsat and its global employee base through its privatisation, and its metamorphosis into a highly competitive operator. In addition, he was a driving force behind commercial, operational and engineering changes during his tenure as Intelsat’s Chief Executive Officer from 1998-2005.

Under his leadership, Kullman implemented a terrestrial strategy resulting in the development of Intelsat’s Global Connex portfolio suite of services, which now represents approximately $130 million in annual revenues. In addition, Kullman led a $2.5 billion, three-year fleet replenishment campaign that increased available capacity in growth markets.

In 2003, Kullman was at the helm when Intelsat announced its acquisition of the North American satellites of Loral Space and Communications, providing Intelsat with access to the North American market and completing Intelsat’s global system.

In 2004, Kullman recognised the opportunity to achieve the goals of the Orbit Act while at the same time obtaining premium shareholder returns, by conducting an LBO process which resulted in the acquisition of Intelsat by a consortium of private equity firms at a competitive price. Kullman capped his career in 2005 as Intelsat chairman playing a role in the completion of Intelsat’s acquisition of Panamsat.

Intelsat CEO Dave McGlade says, “Conny led Intelsat through its privatisation and began the challenging task of transforming the company from an intergovernmental organisation to a commercial company, positioning Intelsat to become the leading global satellite operator. His many achievements throughout his career shaped Intelsat and the industry.”

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