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SES to Split into Two Business Units

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SES is planning a restructure of the company, with the formation of two separate business units, SES Video and SES Networks which will focus on the video and data segments, respectively.

Ferdinand Kayser, currently chief commercial officer at SES, will be appointed CEO of SES Video, and Steve Collar, currently CEO of O3b Networks, will be appointed CEO of SES Networks. They will both report to Karim Michel Sabbagh, president and CEO of SES.

Romain Bausch, chairman of SES, stated that the new market facing structure will allow SES to fully leverage the capabilities of its affiliates, MX1 and O3b and make them a key enabler for the video and data-centric businesses.