Viasat announces retirement of commercial services president James Dodd

Viasat Inc. (NASDAQ:VSAT) announced Thursday that James Dodd, the company’s Senior Vice President and President of Commercial Services, will retire from his current role on or about November 1, 2025. The company stated that Mr. Dodd will remain with Viasat as a non-executive employee through December 31, 2025, coinciding with the expiration of his previously filed severance agreement.

According to the press release statement, upon his termination of employment, Mr. Dodd will be eligible to receive the separation benefits outlined in the severance agreement. No details regarding his successor or additional changes to the company’s leadership structure were disclosed in the filing.

Viasat, headquartered in Carlsbad, California, is listed on the Nasdaq Stock Market under the ticker VSAT. The company maintains a "FAIR" financial health score according to InvestingPro, which offers 8 additional key insights about the company’s performance and outlook. This information is based on a statement filed with the Securities and Exchange Commission.

In other recent news, Viasat reported its fiscal first-quarter 2026 earnings, revealing a revenue of $1.17 billion, which surpassed the forecasted $1.13 billion. Despite posting a net loss, the company’s revenue growth has captured investor attention. JPMorgan responded to these strong results by more than doubling its price target for Viasat to $23.00 from $10.00, while maintaining a Neutral rating. The firm highlighted the strategic review of Viasat’s Defense and Aerospace Technologies assets, although it considers a spin-off or separation unlikely in the near term. Meanwhile, Deutsche Bank (ETR:DBKGn) downgraded Viasat’s stock from Buy to Hold, citing the stock’s 185% surge since March as a factor in creating a more balanced risk/reward profile. Additionally, Viasat introduced its HaloNet portfolio, which aims to provide connectivity for thousands of space vehicles across various orbital inclinations. This development underscores Viasat’s commitment to enhancing its space and terrestrial connectivity services. These recent developments reflect the company’s ongoing strategic initiatives and market positioning.

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