Paris– Eutelsat Communications (NYSE Euronext Paris: ETL) announced that Michel de Rosen has informed the Board of Directors that he will step down from his position as Chief Executive Officer in March 2016. He will remain in the role of non-executive Chairman of the Board of Directors of Eutelsat until the end of his current mandate in November 2016.
Rodolphe Belmer has been elected to succeed Rosen in his role, effective 1 March. Belmer will join Eutelsat on 1 December as Deputy CEO in order for a smooth transition process. He will also be proposed as a member of Eutelsat’s Board at the Annual Shareholders’ Meeting of November 2016.