Eutelsat has appointed Orange executive Jean-Francois Fallacher as its new CEO. Fallacher, 58, will be replacing the Franco-British satellite communication provider’s current chief, Eva Berneke. Fallacher, who is a telecoms sector veteran and has led Orange's branches in Romania, Poland, Spain, and France over the past 15 years, is set to take over Eutelsat, which also shares a strategic partnership with Indian telecom giant Airtel, on June 1. The change reportedly comes as Eutelsat seeks to reduce Europe's dependency on Elon Musk's Starlink. Eutelsat also said that it needs more financing as Europe looks for home-grown satellite communication options for both commercial and defence purposes.
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"It is a continuity appointment, not a rupture with the strategy, as the path is clearly traced and the new CEO is committed to build," a Eutelsat spokesperson said to the news agency Reuters.
Read what Eutelsat CEO Eva Berneke said about her exit from the company
The company’s current CEO, Berneke, also took to the professional networking platform LinkedIn to share a message about her departure from Eutelsat.
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