Change can be challenging but our Board, after an extensive search, has selected the perfect successor in David Myers. There's a thorn in Speedcast International's side. Myers is a recognized leader in government telecommunications with a track record of driving growth in public and private companies. The latest Speedcast International news, articles, data and analysis from The Sydney Morning Herald. Want to be alerted the moment a new announcement is made? The U.S. Bankruptcy Court for the Southern District of Texas approved the Australian company’s plan to install Joe Spytek, Speedcast president and chief commercial officer, as the new CEO. Joe Spytek will take on the role of Speedcast’s Chief Executive Officer, leading the company upon emergence under the new Centerbridge ownership. (This number is for the twelve months until December 2018). A global search for a new CEO has commenced, with a particular focus on Europe and the United States for potential candidates. Spytek has served as Speedcast’s President and Chief Commercial Officer for the last year after being tapped to join the organisation to help implement its turnaround. Speedcast’s fully managed service is delivered via a leading global, multi-access technology, multi-band and multi-orbit network of 70+ satellites and an interconnecting global terrestrial network, bolstered by extensive on-the-ground local support from 40+ countries. Myers also served as Chairman and President of the Space and Satellite Professionals International (SSPI) industry association. Learn about Speedcast's Board of Directors and Executive Committee. Speedcast International Limited has announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed Speedcast International Limited and certain of its affiliates' Plan of Reorganisation. Today, Speedcast is a publicly-traded company that owns and operates one of the world’s largest and most reliable satellite networks. He holds an MBA from Rice University, an MS in computer information systems from Madison University, and dual bachelor degrees in business and international relations from Southern Methodist University. Register to keep up to date with investor relations announcements and news. Until a replacement is found, board directors Peter Shaper and Joe Spytek will act as co-CEO of the company. Link/Page Citation Speedcast International Limited has announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed Speedcast International Limited and certain of its affiliates' Plan of Reorganisation. Speedcast CEO PJ Beylier resigns In the interim, Board Directors Peter Shaper and Joe Spytek will act as co-CEOs while continuing at the current positions. And it's one with a bigger interest in the company than anyone else. Speedcast Government provides mission-critical communications for military, government, non-governmental and intergovernmental organizations. Speedcast boardroom all at Portsea. Speedcast has launched a variety of satellite telecommunications services to customers. Our data indicates that Speedcast International Limited is worth AU$885m, and total annual CEO compensation is US$1.0m. He guided the formation of a Proxy company at that time, and then led the integration of Globecomm Systems and its Government-related entities after that acquisition was made by Speedcast in 2018. SpeedCast International Limited , a leading global satellite communications and network service provider, announced today that its CEO, Mr. Pierre-Jean Beylier, has been named 2016 Satellite... | … He has more than 25 years of experience in leadership and international business. Speedcast CEO Peter Shaper has tendered his resignation to the Board and will be returning to the private equity firm he is affiliated with. Media ContactLaura Moreno-DavisDirector of Marketing - Speedcast Government laura.moreno-davis@speedcastgov.com. Speedcast International Ltd is the largest provider of remote communications and IT services in the world. Our fully managed communications solutions are delivered via a multi-access technology, multi-band and multi-orbit network of 80+ satellites and an interconnecting global terrestrial network, bolstered by extensive on-the-ground local support across 40+ countries. David Myers to Succeed Moe Abutaleb as Speedcast Government CEO in 2021. The board, lead by Stephe Wilkes, said it would be … It is believed that a strong indicator of alignment between executive management and shareholders occurs when the majority of the CEO’s compensation is stock-based. Speedcast International Ltd (ASX: SDA) is the largest provider of remote communications and IT services in the world. Register. Myers previously served as President and CEO of Datapath, a leading provider of military-grade satellite ground systems and field services. SYDNEY, April 9, 2018 /PRNewswire/ — Speedcast International Limited (ASX: SDA), the world’s most trusted provider of remote communication and IT services, today announced that Clive Cuthell is joining the Speedcast executive leadership team as Chief Financial Officer (CFO), reporting to CEO Pierre-Jean Beylier; his commencement date is April 9, 2018. AsiaSat became a primary shareholder in Speedcast in March 2000. He guided the … Joe Spytek will take on the role of Speedcast’s CEO, leading the company upon emergence under the new Centerbridge ownership. Speedcast International Limited advises that the Board has accepted the resignation of PJ Beylier as CEO, effective from 1 February 2020. He holds an MBA from Rice University, an MS in computer information systems from Madison University, and dual bachelor degrees in business and international relations from Southern Methodist University. Change can be challenging but our Board, after an extensive search, has selected the perfect successor in David Myers. Abutaleb has served as CEO since the founding of UltiSat in 2003, through its growth and success and sale to Speedcast International in 2017. Speedcast to reorganise with Joe Spytek taking on the role of CEO. Abutaleb has served as CEO since the founding of UltiSat in 2003, through its growth and success and sale to Speedcast International in 2017. Abutaleb has served as CEO since the founding of UltiSat in 2003, through the firm’s growth and success and sale to Speedcast International in 2017. Abutaleb has served as CEO since the founding of UltiSat in 2003, through its growth and success and sale to Speedcast International in 2017. Speedcast International … To ensure a smooth transition, Myers will be step into the president role Aug. 24 and is expected to take over as CEO in early 2021 when Abutaleb retires. Speedcast has over 4,500 terrestrial sites and approximately 10,000 offshore rigs and vessels, servicing over 2,200 customers out of more than 39 teleports globally. Speedcast … Abutaleb has served as CEO since the founding of UltiSat in 2003, through its growth and success and sale to Speedcast International in 2017. UltiSat said Monday David Bryant, executive vice president of programs, will elevate to the chief operating officer position as part of the reorganization. © Speedcast 2020. SYDNEY, April 23, 2020 – Speedcast International Limited (ASX: SDA) today announced that, after evaluating a variety of options to strengthen its balance sheet in ways that support its long-term growth and success, it has initiated a voluntary financial restructuring under chapter 11 of the United States Bankruptcy Code. Our managed services are complemented by value-added services including systems engineering and integration, high-touch professional services, Airborne ISR and Wireless services. David has a proven track record, deep sector experience and knowledge, and the leadership and management skills required to drive our company to continued success in the future.”. Spytek has served as Speedcast’s President and Chief Commercial Officer for the last year after being tapped to join … Joe joined Speedcast in February 2020 and was appointed as Chief Executive Officer in January 2021. Pierre-Jean Beylier Receives Award for Spearheading Speedcast Growth ... | January 16, 2021 Myers will be appointed as President of SCG effective August 24, 2020 and it is anticipated that he will take over as CEO of SCG around the beginning of 2021, at which time Abutaleb will be retiring after a 40-year career in aerospace and telecommunications. Abutaleb has served as CEO since the founding of UltiSat in 2003, through its growth and success and sale to Speedcast International in 2017. Speedcast's $395M Sale Plan Reaches Ch. Abutaleb has served as CEO since the founding of UltiSat in 2003, through its growth and success and sale to Speedcast International in 2017. Pj Beylier is Former CEO/Executive Director at SpeedCast International Ltd. See Pj Beylier's compensation, career history, education, & memberships. Speedcast seeks top talent from all corners of the globe. Satellite telecommunications service provider Speedcast CEO PJ Beylier has resigned from the company … The board has accepted the resignation of PJ and he will remain available to support the management team. Gaithersburg, MD, USA – August 21, 2020 – The Board of Directors of UltiSat, Inc., d/b/a Speedcast Government (“SCG”), announced today the appointment of David Myers as incoming President and presumptive Chief Executive Officer (CEO), succeeding Moe Abutaleb, its long-standing CEO. In 2003, he became CEO of UltiSat, which now operates as SCG following its acquisition by Speedcast International in 2017. While the preliminary view of the FY19 result is a little greater than 10% below the Company’s previous guidance, that result includes a number of items (such as procurement savings… Our international team is what makes us stronger. MG (Ret) Dave Bryan, Chairman of the Board of SCG stated: “Moe has been our inspirational leader for almost two decades and he has done an absolutely superb job of leading and managing our company since our founding. Speedcast, the … Speedcast Government has appointed David Myers as incoming president and CEO, succeeding Moe Abutaleb, who has served as CEO since 2003. London, United Kingdom, May 20, 2019 - (ABN Newswire) - Speedcast International Ltd (ASX:SDA) (OTCMKTS:SPPDF) provides the Company's latest presentation to shareholders. About Speedcast GovernmentSpeedcast Government provides mission-critical communications for military, government, non-governmental and intergovernmental organizations. Aug 28, … Read full article » Speedcast to reorganise with Joe Spytek taking on the role of CEO. PJ Beylier has steered the ship of SpeedCast International Limited since 2004 and has grew the market cap to the current AUD$831.60M.Over the last 12 months, the CEO’s remuneration stood at $737,034. Wh! Myers will be appointed as President of SCG effective August 24, 2020 and it is anticipated that he will take over as CEO of SCG around the beginning of 2021, at which time Abutaleb will be retiring after a 40-year career in aerospace and telecommunications. Myers most recently served as … Abutaleb has served as CEO since the founding of UltiSat in 2003, through the firm’s growth and success and sale to Speedcast International in 2017. Satellite telecommunications service provider Speedcast International has announced that it has received further recapitalisation proposals for the business from two of its largest lenders, Black Diamond Capital Management and Centerbridge Partners. The confirmation clears the path for the company to complete the Chapter 11 process … 11 Finish Line A Texas bankruptcy judge approved communications satellite company Speedcast's much-delayed Chapter 11 plan Thursday after rejecting a request by an ex-CEO to pause the process to let him take a closer look at a creditor settlement that could see him facing legal action. The company delivers critical communications solutions through its multi-access technology, multi-band and multi-orbit network of 80+ satellites and an interconnecting global terrestrial network, bolstered by extensive local support from 40+ countries. The case is SpeedCast International Limited et al., 20-32243 , U.S. Bankruptcy Court for the Southern District of Texas Published on April 23, 2020, 3:18 PM EDT Speedcast issues regular reports, announcements and press releases so that investors can keep up to date on our latest technology advancements, strategic partnerships and financial information. Our fully managed communications solutions are delivered via a multi-access technology, multi-band and multi-orbit network of 80+ satellites and an interconnecting global terrestrial network, bolstered by extensive on-the-ground local support across 40+ countries. Speedcast International Ltd (ASX: SDA) is the largest provider of remote communications and IT services in the world. Kuala Lumpur, Malaysia, Oct 5, 2016 - (ABN Newswire) - SpeedCast International Limited (ASX:SDA.AX - News), a leading global satellite communications and network service provider, announced today that its CEO, Mr. Pierre-Jean (PJ) Beylier, has been named 2016 Satellite Executive of the Year in Asia-Pacific by the Asia-Pacific Satellite Communications Council (APSCC). Speedcast was founded in September 1999 (it became Speedcast Ltd. in 2010). Speedcast International Ltd (ASX:SDA.AX - News) is the world's largest remote communications and IT services provider. Our robust global multi-beam network offers additional VSAT capacity over the busiest Yachting areas delivering speeds up to 150mbps. All Rights Reserved. © 2021 GlobeNewswire, Inc. All Rights Reserved. He has held a number of senior executive roles at ITC Global, Harris CapRock, and Spacenet. Speedcast provides the flexible and comprehensive high-speed satellite connectivity and entertainment solutions that luxury yacht owners demand. Myers is a recognized leader in government telecommunications with a track record of driving growth in public and private companies. Our managed services are complemented by value-added services including systems engineering and integration, high-touch professional services, Airborne ISR and Wireless services. UltiSat, which operates as Speedcast International's government arm, has restructured four primary lines of business and made senior executive appointments as the … February 3, 2020 – Speedcast International Limited advises that the Board has accepted the resignation of PJ Beylier as CEO, effective from 1 February 2020. See more » December 11, 2020 Telecompaper News Speedcast launches new IoT platform (Telecompaper) Speedcast International has launched a new IoT platform designed to simplify connectiv... See more » December 7, 2020 Satnews News Speedcast Sells Maritime Service Contracts To Inmarsat. Joe Spytek will take on the role of Speedcast's Chief Executive Officer, leading the company upon emergence under the new Centerbridge ownership. He guided the formation of a Proxy company at that time, and then led the integration of Globecomm Systems, Inc. and its Government-related entities after that acquisition was made by Speedcast in 2018. Speedcast CEO Pierre-Jean Beylier could be in for a few tough days. Myers also served as Chairman and President of the Space and Satellite Professionals International (SSPI) industry association. He has held a number of senior executive roles at ITC Global, Harris CapRock, and Spacenet. Our leadership team members bring expertise and knowledge from across the industry. Speedcast's 2019 financial year (FY19) results were more than 10 per cent below the company's expectations. SpeedCast International Ltd. filed for Chapter 11 bankruptcy after a collapse in oil prices and the halting of cruise-industry operations squeezed many of its biggest customers. Myers previously served as President and CEO of Datapath, a leading provider of military-grade satellite ground systems and field services. MG (Ret) Dave Bryan, Chairman of the Board of SCG stated: "Moe has been our inspirational leader for almost two decades and he has done an absolutely superb job of leading and managing our company since our founding. Speedcast International Ltd (ASX:SDA.AX - News) is the world's largest remote communications and IT services provider. He guided the formation of a Proxy company at that time, and then led the integration of Globecomm Systems, Inc. and its Government-related entities after that acquisition was made by Speedcast in 2018. London, United Kingdom, May 17, 2018 - (ABN Newswire) - Speedcast International Ltd (ASX:SDA) provides the Company's CEO Presentation to Shareholders. The SCG Proxy Board has established a transition plan to be undertaken by Messrs. Abutaleb and Myers to ensure a smooth and seamless transition of responsibilities. Latest Press Releases. Speedcast International Limited , a leading global communications and network service provider, invites investors and analysts to join CEO PJ Beylier and key members of the Speedcast Management at... | … Spytek has served as Speedcast's … He joins SCG from Peraton, a prominent national security company, where he served as President of the Communications sector, focused on advanced networks for defense, intelligence and civil customers. Speedcast directors Peter Shaper and Joe Spytek will run the company while it searches for a new CEO. David Myers to Succeed Moe Abutaleb as Speedcast Government CEO in 2021. Keith Johnson Moves into Chief Operating Officer Role; Erwan Emilian Joins Speedcast to Lead Enterprise & Emerging Markets Division ... | January 29, 2021 The SCG Proxy Board has established a transition plan to be undertaken by Messrs. Abutaleb and Myers to ensure a smooth and seamless transition of responsibilities. Speedcast International, a network services provider leasing capacity on more than 80 satellites, filed for Chapter 11 bankruptcy protection April 23, citing weakness in … David has a proven track record, deep sector experience and knowledge, and the leadership and management skills required to drive our company to continued success in the future.". ... Speedcast board ditches CEO and reviews FY19 downgrade. Speedcast: The Leading Global Remote Communication Provider - Critical telecommunications managed services to... | … Speedcast International Limited has announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed Speedcast International Under the terms of the plan, Speedcast is set to emerge with a new USD $500m equity investment from Centerbridge. In November 2007, AsiaSat purchased all outstanding shares to become 100% owner of Speedcast. Speedcast International Ltd Toni Lee Rudnicki, +1-832-668-2634 Vice President, Global Marketing ToniLee.Rudnicki@Speedcast.com You can see, below, how CEO compensation at Speedcast International has changed over time. Joe Spytek is Chief Executive Officer at SpeedCast International Ltd. See Joe Spytek's compensation, career history, education, & memberships. That’s why we have offices located around the world, including Asia Pacific, Europe, the Middle East & Africa, North America, Central & South America, Australia and the Pacific Islands. Speedcast directors Peter Shaper and Joe Spytek will run the company while it searches for a new CEO. Speedcast International Ltd provides the Company's CEO Presentation to Shareholders. He joins SCG from Peraton, a prominent national security company, where he served as President of the Communications sector, focused on advanced networks for defense, intelligence and civil customers. Prior to joining Speedcast, Joe served as the Founder and CEO of ITC Global, providing end-to-end satellite communications to energy, mining and maritime companies operating in remote and harsh environments; prior to the … SAN FRANCISCO — Satellite communications provider Speedcast International Ltd. is scheduled to emerge from Chapter 11 bankruptcy by March 31 after winning approval to … SpeedCast International Limited , a leading global satellite communications and network service provider, announced today that its CEO, Mr. Pierre-Jean Beylier, has been named 2016 Satellite... | … (28 November 2017 - Speedcast) Speedcast International today announced two changes to its executive management team. Contacts. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support He guided the formation of a Proxy company at that time, and then led the integration of Globecomm Systems, Inc. and its Government-related entities after that acquisition was made by Speedcast in 2018. Terms of Use | Privacy Policy, Speedcast Government Announces CEO Succession Plan Appointing David Myers as President. He guided the formation of a Proxy company at that time, and then led the integration of Globecomm Systems and its Government-related entities after that acquisition was made by Speedcast in 2018. Speedcast International, a network services provider leasing capacity on more than 80 satellites, filed for Chapter 11 bankruptcy protection April 23, citing weakness in the cruise and oil markets. ASX:SDA CEO Compensation, November 27th 2019 Is Speedcast International Limited Growing? GAITHERSBURG, Md., Aug. 21, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of UltiSat, Inc., d/b/a Speedcast Government (“SCG”), announced today the appointment of David Myers as incoming President and presumptive Chief Executive Officer (CEO), succeeding Moe Abutaleb, its long-standing CEO. ... Speedcast International Limited has announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed Speedcast International Limited and certain of its affiliates’ Plan of Reorganisation. Satellite telecommunications service provider Speedcast CEO PJ Beylier has resigned from the company in light of a disappointing preliminary FY19 financial result. On average over the last three years, Speedcast International Limited has shrunk earnings per share by 135% each year (measured with a line of best fit). 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