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PARIS - Satellite communications company Eutelsat (Euronext Paris / London Stock Exchange:ETL) announced Wednesday the appointment of Sébastien Rouge as its new Chief Financial Officer, effective February 1, 2026. The appointment comes as the company, currently valued at $1.83 billion, navigates a challenging financial landscape with an overall financial health score rated as "WEAK" according to InvestingPro data.
Rouge, who brings over 30 years of international financial leadership experience, will join Eutelsat's Executive Committee under CEO Jean-François Fallacher. He currently serves as CFO at Imerys, where he has contributed to the company's financial performance and digital transformation.
Prior to Imerys, Rouge held the CFO position at semiconductor materials company Soitec and various senior finance roles at Alstom Group and GE Group, including CEO of the GE-Alstom Nuclear Systems joint venture and CFO of Steam Power Systems within GE Power.
Rouge will succeed Christophe Caudrelier, who is stepping down after three years as CFO. Caudrelier will work with Rouge to ensure a smooth transition, according to the company's press release statement.
"Sébastien's deep financial expertise and leadership across complex industrial organizations make him a valuable addition to Eutelsat's management team," said Fallacher, acknowledging Caudrelier's contributions during Eutelsat's merger with OneWeb and its pivot toward telecommunications.
Eutelsat, formed through the combination with OneWeb in 2023, operates as a fully integrated GEO-LEO satellite operator with a fleet of 34 Geostationary satellites and more than 600 Low Earth Orbit satellites. The company serves customers in video distribution and connectivity markets including mobile, fixed, and government services.
The Paris-headquartered company employs more than 1,600 people across over 75 countries and is listed on both the Euronext Paris Stock Exchange and the London Stock Exchange. Financial data from InvestingPro shows Eutelsat generating $1.46 billion in revenue with an EBITDA of $703 million in the last twelve months. The company is currently trading near its Fair Value, with a price-to-book ratio of 0.61 and negative earnings per share of -$2.68. Investors seeking deeper insights into satellite communications companies can access dozens more financial metrics and exclusive ProTips through InvestingPro.
In other recent news, Eutelsat Group has entered into a multi-year agreement with Tusass, Greenland's national telecommunications provider, to deliver low Earth orbit connectivity services across Greenland. This partnership will leverage Eutelsat's OneWeb satellite network to enhance communications in remote areas, supporting various services such as community broadband, maritime operations, mobility services, and emergency response capabilities. Additionally, Eutelsat shareholders have approved several key resolutions during a General Meeting. These include the appointments of Michel Combes, Lucia Sinapi-Thomas, and Eric Labaye to the Board of Directors. Shareholders also ratified the appointments of Jean-Baptiste Massignon and Jérémie Gué as directors, contingent upon certain conditions. These developments highlight Eutelsat's strategic moves to expand its services and strengthen its leadership team.
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