Intelsat has named current president and chief commercial officer, Stephen Spengler, as the successor to CEO David McGlade when he steps down next year.
Spengler becomes deputy CEO with immediate effect and will take over as CEO on April 1, 2015 when McGlade will step down and become executive chairman after 10 years in charge of the satellite services provider.
Spengler joined Intelsat in 2003, and has held various executive positions at the firm since then, including executive vice president, sales, marketing and strategy.
He has 30 years experience in the satellite and telecoms industry, and at Intelsat has led the development of the firm’s global mobility network and overseen the development of the company’s next generation satellite platform, Intelsat Epic, the first satellite of which is due to launch in late 2015.
Announcing details of his succession plan, McGlade said Spengler’s vision has been “instrumental in driving our next generation strategy, and in building new innovative services with the commercial satellite services we provide.”
Spengler said: “Our entire company is focused on delivering services that support the future growth of our customers. I am honoured to lead our team during a period when our technology and services are poised to accelerate the spread of broadband connectivity globally.”