Press Releases
SES Announces its Chief Executive Officer Steve Collar to Step Down
Luxembourg, 12 June 2023 – SES announces today that Steve Collar, Chief Executive Officer (CEO), will be stepping down at the end of June 2023 to pursue other professional and personal endeavours. The search for a successor is underway and Ruy Pinto, currently Chief Technology Officer of SES, will assume the role of CEO until a permanent successor is announced.
Frank Esser, Chairman of the SES Board of Directors, said, “We would like to thank Steve for his significant contribution to SES over a period of more than 20 years. As CEO, Steve successfully steered SES, leaving the business in a strong position for the future with a differentiated multi-orbit capability, world-class set of customer solutions, a simplified and market-centric organisation, and a strong balance sheet set to be further strengthened from the execution of C-band clearing. The current market environment is rapidly changing, and I welcome Ruy Pinto, who leads over half of the SES workforce today and has substantial industry experience, as we address the challenges and capture further opportunities in the market. The Board has full confidence in Ruy and our management’s engagement on continued strong execution as we embark on a new phase of success for SES.”
Steve Collar commented, “It has been the greatest honour of my life to lead the incredible people at SES. SES has been the benchmark in the industry for decades and I leave the company as its leader and go back to being a huge supporter, admirer and fan and will be cheering Ruy and the Management Team on from the side-lines. With O3b mPOWER launching, the company performing well and C-band all but delivered, the future is bright, and I wish the Board and everyone at SES every success.”
Ruy Pinto joined SES in February 2017 and was appointed Chief Technology Officer in January 2019, driving the differentiation in multi-orbit capabilities and the cloudification of SES. Prior to SES, Ruy spent over 25 years at Inmarsat in various lead technical and managerial roles.
Ruy Pinto commented, “I am delighted to be leading SES and working with our teams around the world through a transition period, progressing SES into a phase where we will continue to grow on a strong value creation trajectory for our stakeholders, executing strongly, simplifying our business and optimising our cost base.”
For further information please contact:
Suzanne Ong
External Communications
Tel. +352 710 725 500
[email protected]
Raytheon Technologies and Vista bring LuxStream Unlimited Data plan to customers
Geneva, 24 May 2023 – Raytheon Technologies’ (NYSE: RTX) Collins Aerospace business today announced its plan to bring unlimited data to the customers of Vista, a leading private aviation group. Using Collins’ LuxStream, which runs exclusively on the SES’s high-throughput satellite (HTS) network, Vista customers can now enjoy fast, reliable, unlimited internet access for the duration of their flights.
Since 2019, Vista has installed LuxStream on more than 75 aircraft in its fleet. Now, LuxStream will be installed on more than 100 aircraft. The HTS hardware and solution, exclusive to Collins, allows customers to conduct video conference calls, stream videos, and send emails while inflight.
"Our relationships with Vista and SES deliver exceptional in-flight connectivity experiences to customers," said Jen Schopfer, president of Connected Aviation Solutions at Collins Aerospace. "A flat hourly rate for global Wi-Fi is a market first, but just the latest in a series of customer-centric innovations that has come from our years of collaboration."
Nick van der Meer, Chief Operating Officer of Vista, said, "At Vista, we are always looking to enhance the customer experience. Whether flying for business or leisure, we know high-speed connectivity, without data limits, is a key value proposition for our customers. Owing to the speeds, many of our customers prefer LuxStream for their in-flight connectivity, and we can now give them unlimited data simply by connecting to the aircraft’s Wi-Fi."
“LuxStream is the result of a tremendous collaboration between SES and Collins Aerospace. Our network of high-throughput satellites enables Vista’s passengers to experience the same kind of high-speed connectivity services they enjoy on land. This announcement marks the next step in delivering premium services and meeting the needs of business aviation providers and passengers globally,” said Steve Collar, CEO of SES.
For further information please contact:
James Brindle
+1 317.778.5769
[email protected]
Suzanne Ong
External Communications
Tel. +352 710 725 500
[email protected]