Reported about 6 hours ago
Eutelsat has announced Sébastien Rouge as its new finance chief, succeeding Christophe Caudrelier, who resigns after three years. This change comes as Eutelsat prepares to raise €1.5 billion ($1.75 billion) in an effort to compete with SpaceX's Starlink and to finance new satellites for its Low Earth Orbit constellation. The move has caused a 3.5% drop in Eutelsat's share price, highlighting investor concerns just weeks before the fundraising.
Source: YAHOO