SES Creates Consolidated Engineering Division
SES (Euronext Paris and Luxembourg Stock Exchange: SESG) today announced the creation of a new division to consolidate satellite, ground, procurement, engineering and operational services for the group. Martin Halliwell, previously Chief Technology Officer of SES ASTRA, has been appointed as President of this new entity to be called SES ENGINEERING, and will also become a member of the SES Executive Committee.
Based at SES facilities in Luxembourg and in the U.S., SES ENGINEERING will be responsible for managing satellite and ground infrastructure related activities for the SES group, including satellite operations and fleet management, as well as satellite procurement and launch scheduling. The new division will be staffed by employees from SES’ operating companies and is expected to be fully operational as of 1 January 2008.
SES ENGINEERING will also be responsible for implementing complete and seamless operations for SES ASTRA, SES NEW SKIES and SES AMERICOM, offering greater security, as well as laying the foundation for future development and service of their respective satellite fleets.
“This reorganisation is part of SES’ commitment to achieve greater operational synergies, and to enable our operating companies to concentrate more completely on their market facing activities,” said Romain Bausch, President and CEO of SES. “We take great pride in our ability to deliver the highest levels of quality and reliability to our customers worldwide. While totally transparent to our customers, this new division will allow us to focus laser-like on sustaining and even improving our quality service, and it will also provide productivity improvements to create additional shareholder value.”
“I am extremely proud to be heading up this new division, and look forward to working closely with my colleagues in the Executive Committee,” said Martin Halliwell. “I believe that SES has some of the finest engineers in the world, and it will be a pleasure and a privilege to lead such a strong team of dedicated professionals.”