Satellite operator SES has announced that Romain Bausch is to step down as President and CEO from April 2014. Karim Michel Sabbagh has been appointed as Bauschs successor and will join the company as CEO Designate from September 1, 2013. He will officially take over as President and CEO from April 3 2014 following a […]
Satellite operator SES has announced that Romain Bausch is to step down as President and CEO from April 2014.
Karim Michel Sabbagh has been appointed as Bauschs successor and will join the company as CEO Designate from September 1, 2013. He will officially take over as President and CEO from April 3 2014 following a transition period.
Bausch had spent almost 20 years at SES during which time the firm has grown from operating four craft to running a global fleet of more than 50 satellites. Sabbagh has been a member of the board of directors of SES as well as of its audit and risk committee since April 2011. He has been based in Dubai for the last 15 years.
“By appointing Karim Michel Sabbagh, the board has ensured a strong succession and a flawless transition. Karim’s vast knowledge of our industry, his experience in the emerging markets as well as his management skills will further enable the company’s growth potential,” said chairman of the SES board René Steichen. “We are confident that, under Karim’s leadership, SES’ management and employees will continue to drive innovation and quality of service to support our customers and business partners and create shareholder value.”
