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Intelsat tapped David Wajsgras as its next chief executive officer (CEO), succeeding Stephen Spengler, who announced his planned retirement in October 2021.

Wajsgras has two decades of experience at the senior executive management level, providing operational, strategic, and financial leadership in both the commercial and defense industries. He most recently served as president of the global, $7.5-billion, advanced-technology intelligence, information, and services (IIS) business which is part of Raytheon Technologies, and was previously the EVP and CFO at Lear Corporation, among other key operations and leadership roles.

“Intelsat has a leading position in the market and a strong, global team of professionals,” said Wajsgras. “While the company has made history over nearly 60 years, it’s Intelsat’s future that excites me most. With a focus on customers and a commitment to delivering on our promises, we’re ready to write the next chapter in the story of communications and connectivity.”

Commenting on the new C-level appointment, Lisa Hammitt, chairperson of the Intelsat board of directors said, “Dave Wajsgras is a results-oriented leader with a great track record of performance throughout his career. He develops talent and builds teams, thinks and acts strategically, and engages positively with customers and other stakeholders to the benefit of the business. Dave is just the right person to lead Intelsat at this important time.”

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