Hello, Guest!
  • Thursday, November 21, 2024

Dave Wajsgras to Join Intelsat as CEO

Dave Wajsgras, a two-decade aerospace and defense industry leader and a six-time Wash100 awardee, will assume the role of CEO of Intelsat on April 4.

He will succeed the retiring Stephen Spengler, who has served in various senior leadership roles for more than 18 years and as CEO of the satellite communications company for seven years, Intelsat said Monday.

Lisa Hammitt, chairperson of Intelsat’s board of directors, said Wajsgras is a results-oriented leader who builds up teams and talent, facilitates engagement with clients and other stakeholders and brings to the company a great track record as a senior executive.

Wajsgras most recently led the intelligence, information and services business at Raytheon, which now operates as part of Raytheon Technologies (NYSE: RTX) following the company’s merger with United Technologies Corp. in April 2020. He also served as chief financial officer at Raytheon prior to assuming the role of president of the IIS business.

He also worked at Lear (NYSE: LEA) as executive vice president and CFO.

Video of the Day

Related Articles

Intelsat’s David Wajsgras Reveals Top Space & Satellite Communications Trends Space

Intelsat’s David Wajsgras Reveals Top Space & Satellite Communications Trends

The satellite communications industry is undergoing a major transformation. With a growing commercial presence, rising geopolitical tensions and an intensifying race for technological dominance, the space domain is poised for dramatic innovation and discovery. Executive Mosaic spoke with Intelsat CEO Dave Wajsgras in a new video interview to find out what’s driving space and satellite communications trends,

SES, Intelsat Cease Merger Talks M&A Activity

SES, Intelsat Cease Merger Talks

European satellite telecommunications provider SES issued a statement Thursday saying that negotiations over a “possible combination” with U.S.-based Intelsat have stopped. In late March, Luxembourg-headquartered SES confirmed that the company and Intelsat were in talks about a possible merger and noted that it was uncertain whether a deal would materialize. SES helps government and military

Viasat-Inmarsat Merger Gets Unconditional Clearance From UK Government; Mark Dankberg Quoted M&A Activity

Viasat-Inmarsat Merger Gets Unconditional Clearance From UK Government; Mark Dankberg Quoted

The U.K. government has approved the planned merger between Viasat (Nasdaq: VSAT) and British satellite services provider Inmarsat following the completion of an in-depth review. In November 2021, Viasat agreed to acquire Inmarsat in a cash-and-stock transaction valued at approximately $3.9 billion as part of efforts to provide a global hybrid network for government and