Satellites

Intelsat appoints Jacques Kerrest as CFO

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MUMBAI: Intelsat S.A. has appointed Jacques Kerrest as executive vice president and chief financial officer.

Kerrest will report to Intelsat CEO Stephen Spengler and will be responsible for the leadership of Intelsat’s financial operations, including capital markets, accounting, treasury, financial planning, investor relations and corporate development.

He will be a member of the company’s Management Committee and is expected to begin his duties on 1 February, 2016.

Spengler said, “Jacques brings a wealth of experience to Intelsat. He has a strong track record of leading the finance organisations of large, complex and global corporations. His deep financial expertise in the telecom and media sectors will provide new perspectives within our management team. I have confidence that his financial acumen, corporate finance background and sector knowledge will play an instrumental role in shaping our financial priorities and in the attainment of our operational and long-term strategic goals.”

Kerrest joins Intelsat from DPC Data Inc. where he served as president and led the company’s efforts in providing disclosure-related data products and specialised data services to the municipal bond marketplace in the United States. Prior to DPC Data, he was CFO and COO at ActivIdentity Corporation (known today as HID Global). Kerrest’s experience also includes CFO roles at Virgin Media, Equant, and Chancellor Broadcasting.

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