On 4th April David Wajsgras is set to become the new CEO of satellite operator, Intelsat, succeeding Stephen Spengler, who announced his planned retirement in October 2021. Wajsgras has 20 years of experience at the senior executive management level, providing operational, strategic and financial leadership in both the commercial and defence industries.
Wajsgras most recently served as president of the US$7.5 billion, advanced-technology Intelligence, Information and Services (IIS) business at the former Raytheon Company, now part of Raytheon Technologies. Before joining Raytheon as chief financial officer, Wajsgras was executive vice president and chief financial officer at Lear Corporation and held other key operations and leadership roles.
“Dave Wajsgras is a results-oriented leader with a great track record of performance throughout his career,” said Lisa Hammitt, chairperson of Intelsat’s board of directors. “He develops talent and builds teams, thinks and acts strategically, and engages positively with customers and other stakeholders to the benefit of the business. Dave is just the right person to lead Intelsat at this important time.”
“While the company has made history over nearly 60 years, it’s Intelsat’s future that excites me most, added Wajsgras. “With a focus on customers and a commitment to delivering on our promises, we’re ready to write the next chapter in the story of communications and connectivity.”