Eutelsat Appoints Jean-François Fallacher as CEO Amid Strategic Shift

 

Eutelsat Communications (LSE:ETL) has announced the appointment of Jean-François Fallacher as its new CEO, effective June 1, 2025. He will succeed Eva Berneke in this role, marking a significant leadership transition for the company. This appointment comes as Eutelsat continues to align its strategy with the evolving telecom ecosystem following its merger with OneWeb. Fallacher, who brings extensive experience from his tenure at Orange, is expected to lead Eutelsat through the next phase of its growth, navigating opportunities and challenges in the rapidly changing satellite connectivity market.

The company has also confirmed that it expects its third-quarter revenues for the fiscal year 2024-25 to meet market expectations, and it is maintaining its financial targets for the remainder of the year.

About Eutelsat Communications

Eutelsat Communications is a global leader in satellite connectivity, providing a wide range of services in video broadcasting, mobile connectivity, fixed connectivity, and government services. Following its merger with OneWeb in 2023, Eutelsat has become the first fully integrated GEO-LEO satellite operator, managing a fleet that includes 35 geostationary satellites and more than 600 low Earth orbit satellites. With a strong focus on sustainable connectivity solutions, the company serves clients across over 50 countries, and is listed on the Euronext Paris and London Stock Exchanges.

• Year-to-Date Share Performance: 128.70%

• Average Daily Trading Volume: 28,024 shares

• Technical Sentiment: Hold

• Market Capitalization: $2.14 billion

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