David McGlade

Intelsat appoints internal successor to CEO McGlade

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 […]

Intelsat hit by African oversupply, lower US government spending

Lower US government spending and oversupply of capacity in Africa delivered lower annual revenues and a bigger overall net loss for Intelsat in 2013. However the satellite operator turned in positive net income for the final quarter as reduced operating expenses and interest payments on debt delivered a positive impact. Intelsat posted full year revenues […]