REG-Eutelsat Group Eutelsat Announces the Appointment of Its New Chief Executive Officer

Eutelsat Communications SAAnnouncement

06/05/2025 07:00

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Eutelsat Announces the Appointment of Its New Chief Executive Officer

 

As Eutelsat (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange)
moves into the next phase after the integration with OneWeb and fully aligned
with an IRIS(2) future, Eutelsat announces the appointment of Jean-François
Fallacher as its new CEO. The appointment was decided at a Board Meeting held
on May 4(th), 2025, upon the recommendation of the Nomination and Governance
Committee, and will be effective on June 1(st), 2025. This appointment comes
as a natural change that fully aligns Eutelsat to the telecom ecosystem.

A seasoned telecoms professional, Jean-François Fallacher joins Eutelsat
following a lengthy career at Orange where he was latterly Executive Vice
President and Chief Executive Officer of Orange France. Prior to that, he led
Orange’s operations in various countries including Spain, Romania and
Poland. Before in his career at Orange, Jean-François Fallacher held several
roles in R&D, sales and operations, including Chief Operating Officer of
Wanadoo in the Netherlands and Chief Executive Officer of Sofrecom, a
consulting company specializing in the telecoms sector. A French national,
Jean-François Fallacher is a graduate of the Ecole Polytechnique and Ecole
Nationale Supérieure des Télécommunications in Paris.

Jean-François Fallacher succeeds Eva Berneke, who has steered the company
since January 2022, presiding over some of its most significant strategic and
operational achievements. These include the merger with and integration of
OneWeb in 2023 to create the world’s only LEO / GEO satellite operator, its
appointment as one of the core players in the planned EU IRIS(2) multi-orbit
constellation, and the pioneering disposal of its passive ground segment, the
first operation of its type among satellite operators.

Dominique D’Hinnin, Chairman of the Board of Directors of Eutelsat
commented: “On behalf of myself, Vice-Chairman Sunil Bharti Mittal, and the
other members of the Board, I warmly thank Eva Berneke for her dynamic and
committed leadership through these significant milestones in Eutelsat’s
development and for delivering on our telecoms pivot strategy, in a period
that has seen significantly increased competitive and geopolitical pressure.

I am delighted to welcome Jean-François Fallacher as he picks up the baton
from Eva. With his proven track record of success and wealth of experience and
expertise, I am convinced he is the right leader to take Eutelsat forward and
successfully steward the company through the opportunities and challenges
which will undoubtedly present themselves in the coming years.”

Jean-François Fallacher said: “I am excited to be joining Eutelsat at such
a pivotal moment in its history. Technology is evolving faster than ever, and
in today’s increasingly complex geopolitical context, satellite networks
have become a key element in the Connectivity landscape. I am convinced
Eutelsat has the fundamentals to be a winner in this environment, and I look
forward to building on Eva’s foundations, and working with its talented
teams to ensure we achieve our goals.”

Eutelsat will release its Third Quarter 2024-25 Revenues after market close on
15(th) May 2025. Ahead of this publication, Eutelsat confirms that the
performance for the quarter is expected to be in line with its expectations
and confirms its FY 2024-25 objectives of Revenues of the four operating
verticals around the same level as FY 2023-24(1) and an Adjusted EBITDA(2)
margin for the year slightly below the level of FY 2023-24(3).

****

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE EU
MARKET ABUSE REGULATION 596/2014 AND THE UK MARKET ABUSE REGULATION

About Eutelsat Group

Eutelsat Group is a global leader in satellite communications, delivering
connectivity and broadcast services worldwide. The Group was formed through
the combination of the Company and OneWeb in 2023, becoming the first fully
integrated GEO-LEO satellite operator with a fleet of 35 Geostationary
satellites and a Low Earth Orbit (LEO) constellation of more than 600
satellites. The Group addresses the needs of customers in four key verticals
of Video, where it distributes more than 6,500 television channels, and the
high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity,
and Government Services. Eutelsat Group’s unique suite of in-orbit assets
and ground infrastructure enables it to deliver integrated solutions to meet
the needs of global customers. The Company is headquartered in Paris and the
Eutelsat Group employs more than 1,500 people across more than 50 countries.
The Group is committed to delivering safe, resilient, and environmentally
sustainable connectivity to help bridge the digital divide. The Company is
listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock
Exchange (ticker: ETL). Find out more at www.eutelsat.com
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.eutelsat.com%2F&esheet=54248613&newsitemid=20250504843435&lan=en-US&anchor=www.eutelsat.com&index=1&md5=93f0d780c0abb3a6981c5a762018539c)

DISCLAIMER

The forward-looking statements included herein are for illustrative purposes
only and are based on management’s views and assumptions as of the date of
this document. Such forward-looking statements involve known and unknown
risks. For illustrative purposes only, such risks include but are not limited
to: risks related to the health crisis; operational risks related to satellite
failures or impaired satellite performance, or failure to roll out the
deployment plan as planned and within the expected timeframe; risks related to
the trend in the satellite telecommunications market resulting from increased
competition or technological changes affecting the market; risks related to
the international dimension of the Group's customers and activities; risks
related to the adoption of international rules on frequency coordination and
financial risks related, inter alia, to the financial guarantee granted to the
Intergovernmental Organization's closed pension fund, and foreign exchange
risk. Eutelsat Communications expressly disclaims any obligation or
undertaking to update or revise any projections, forecasts or estimates
contained in this document to reflect any change in events, conditions,
assumptions, or circumstances on which any such statements are based, unless
so required by applicable law. The information contained in this document is
not based on historical facts, and should not be construed as a guarantee that
the facts or data mentioned will occur. This information is based on data,
assumptions and estimates that the Group considers as reasonable.
 (1) Outlook based on comparison with FY 2023-24 proforma basis as if OneWeb      
 had been consolidated on July 1st 2023. Group’s FY 2023-24 revenues stood at     
 1,221m€ on a proforma basis.                                                     
 (2) Adjusted EBITDA reflects the profitability of the Group before Interest,     
 Tax, Depreciation and Amortisation. Adjusted EBITDA margin is considered an      
 Alternative Performance Indicator                                                
 (3) Outlook based on comparison with FY 2023-24 proforma basis as if OneWeb      
 had been consolidated on July 1st 2023. Group’s FY 2023-24 revenues stood at     
 1,221m€ on a proforma basis.                                                     


Media Enquiries 

Joanna Darlington

Tel. +33 674 521 531

joanna.darlington@eutelsat.net (mailto:joanna.darlington@eutelsat.net)

Anita Baltagi

Tel. +33 643 930 178

anita.baltagi@eutelsat.net (mailto:anita.baltagi@eutelsat.net)

Katie Dowd

Tel. +1 202 271 2209

katie.dowd@eutelsat.net (mailto:katie.dowd@eutelsat.net)

Investor Relations 

Joanna Darlington

Tel. +33 674 521 531

joanna.darlington@eutelsat.net (mailto:joanna.darlington@eutelsat.net)

Hugo Laurens Berge

Tel. +33 670 80 95 58

hugo.laurens-berge@eutelsat.net (mailto:hugo.laurens-berge@eutelsat.net)



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