Speedcast to reorganise with Joe Spytek taking on the role of CEO
Under the terms of the plan, Speedcast is set to emerge with a new USD $500m equity investment from Centerbridge.
Under the terms of the plan, Speedcast is set to emerge with a new USD $500m equity investment from Centerbridge.
Speedcast CEO Peter Shaper has tendered his resignation to the Board and will be returning to the private equity firm he is affiliated with.