Intelsat CFO to retire

Intelsat has announced that its Chief Financial Officer, Jacques Kerrest, plans to retire, the company said.

He will continue in his role through the spring until a successor is appointed to ensure a smooth transition of duties.

The company is retaining an executive search firm to lead the search for his replacement.

Intelsat S.A. (NYSE: I) operates the world´s first Globalized Network, delivering high-quality, cost-effective video and broadband services anywhere in the world. Intelsat´s Globalized Network combines the world´s largest satellite backbone with terrestrial infrastructure, managed services and an open, interoperable architecture to enable customers to drive revenue and reach through a new generation of network services. For more information, visit www.intelsat.com.