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Eutelsat Appoints Jean-François Fallacher as New CEO

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Eutelsat Appoints Jean-François Fallacher as New CEO

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Eutelsat Communications ( (FR:ETL) ) has provided an announcement.

Eutelsat Communications has appointed Jean-François Fallacher as its new CEO, effective June 1, 2025, succeeding Eva Berneke. This leadership change aligns with Eutelsat’s strategic shift towards the telecom ecosystem following its merger with OneWeb. Fallacher, with extensive experience from Orange, is expected to guide Eutelsat through future opportunities and challenges in the evolving satellite connectivity landscape. The company anticipates its third-quarter 2024-25 revenues to meet expectations, maintaining its financial objectives for the fiscal year.

More about Eutelsat Communications

Eutelsat Group is a global leader in satellite communications, providing connectivity and broadcast services worldwide. Formed through the merger with OneWeb in 2023, it is the first fully integrated GEO-LEO satellite operator, with a fleet of 35 Geostationary satellites and over 600 Low Earth Orbit satellites. The company serves four key verticals: Video, Mobile Connectivity, Fixed Connectivity, and Government Services, and is committed to delivering sustainable connectivity solutions globally. Eutelsat is headquartered in Paris, employs over 1,500 people across more than 50 countries, and is listed on the Euronext Paris and London Stock Exchanges.

YTD Price Performance: 128.70%

Average Trading Volume: 28,024

Technical Sentiment Signal: Hold

Current Market Cap: $2.14B

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