SES appoints Padraig Mc Carthy as Chief Financial Officer
Luxembourg – SES announced that Padraig Mc Carthy has been appointed by the Board of Directors as Chief Financial Officer (CFO) and member of the company’s Executive Committee.
Andrew Browne, SES’ current CFO, has decided to relocate back to The Hague. He will leave his position in the company to become the Chief Financial Officer of O3b Networks, a venture that is deploying a next generation satellite network that combines the reach of satellites with the speed of fiber. With a 47% shareholding, SES is a strategic investor in O3b Networks.
Mc Carthy’s appointment becomes effective after April 4, 2013, the day when the Annual General Meeting of Shareholders is asked to approve the company’s 2012 financial results.
Mc Carthy joined SES in 1995 from Norton S.A. (Group St. Gobain) where he was Financial Director Europe. After having served as SES’s Controller, he took the position of CFO of SES ASTRA, then the European subsidiary of global satellite operator SES (2002-2011). Since the integration of SES ASTRA and SES World Skies into SES, Mc Carthy has been Senior Vice President Financial Operations & Business Support at SES, reporting directly to the CFO.
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