Satellites

Intelsat CFO Michael McDonnell resigns; to join Quintiles

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MUMBAI: Intelsat S.A. chief financial officer (CFO) Michael McDonnell has resigned from the company.

McDonnell is slated to leave mid-December 2015 and will join as executive vice president and CFO at Quintiles, which is a provider of product development and integrated healthcare services.

Intelsat has commenced the process of an external search for a successor CFO.

Intelsat CEO Stephen Spengler said, “Mike successfully led a number of strategic initiatives during his tenure at Intelsat, including our Initial Public Offering in April 2013 and the major reorganisation of our capital structure in 2011. We thank him for his contributions to Intelsat over the past seven years, and we wish him the best in his future endeavors.”

At Intelsat, McDonnell served as CFO since 2008. Previously, he held CFO positions at MCG Capital Corporation and EchoStar Communications (formerly known as DISH Network Corporation). Earlier in his career, he was a partner at PricewaterhouseCoopers, LLP. McDonnell also served as a member of the board of directors of Catalyst Health Solutions, Inc., a publicly held pharmacy benefits management company. He earned a Bachelor of Science Degree in Accounting from Georgetown University and is a certified public accountant.

On joining Quintiles, McDonnell said, “I’m looking forward to joining Quintiles and working with its talented leadership team and finance professionals. I’m excited to get started on enabling the company’s continued growth and opportunity.”

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