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Future CEO of SES gets to work
Economics

Future CEO of SES gets to work

03.09.2013 From our online archive
Karim Michel Sabbagh, who was chosen to succeed SES CEO Romain Bausch earlier this year, has started his work as CEO designate.

(CS/aa) Karim Michel Sabbagh, who was chosen to succeed SES CEO Romain Bausch earlier this year, has started his work as CEO designate.

Luxembourg satellite company SES had announced in June that its president and CEO Romain Bausch would retire in April 2014. At the same time the company revealed that Sabbagh, who has served on the SES board since 2011, would take over the role.

Roughly seven months ahead of the retirement of Bausch, Sabbagh has started work as CEO designate. The future CEO will be integrated into the operations at SES over the coming months to ensure a smooth take-over come April next year.

Sabbagh, who is of Canadian and Lebanese origin, was a senior partner at Booz & Company in Dubai until recently, where he was the global and regional practice leader for communications, media and technology. The 49-year-old joined Booz & Company in 1998 and was based in Dubai for 15 years.

He is considered an expert in the industry with considerable knowledge about emerging markets.