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Eutelsat board proposes Folz to succeed Berretta as chairman

The board of satellite operator Eutelsat have nominated Jean-Martin Folz to be appointed as chairman.

Eutelsat’s board of directors unanimously decided to propose to shareholders at the general assembly on November 8 to nominate Folz as a board member. If elected, he will be appointed as chairman to succeed Giuliano Berretta.

Michel de Rosen, Eutelsat CEO, said: “The board is delighted to propose Jean-Martin Folz to join our board and believes he has all the qualities to assume the role of chairman, succeeding Giuliano Berretta whose mandate expires in November. Jean-Martin Folz’s extensive business experience on an international scale will add further strength to our board’s ability to oversee the expansion of our business for the long term, building on the outstanding achievements accomplished under the chairmanship of Giuliano Berretta over the last six years.”