David Chegion to Succeed Mustapha Elriz at the Helm of Satconsult, Subsidiary of Euroconsult Group

Paris, France,  October 4, 2018 -- SATConsult, a member of the Euroconsult Group, has announced the appointment of David Chégnion as managing director. In this capacity, David will succeed Mustapha Elriz who founded the company in 2006 and has served as its CEO since this date. Mustapha will continue to have a close relationship with the company, remaining a major shareholder and holding a position of Member of the Senior Advisory Board.

In order to provide for a smooth transition process, David joined SATConsult in March of this year to work by Mustapha's side in the position of deputy managing director. David brings with him over 25 years of experience in the telecom and satellite services industries and a balanced track record in international strategy and the management and development of organizations. Previously, David served as vice president, head of Strategic Development - Secure Communications at Airbus Defence & Space - CIS from 2014 and vice president, Sales & Business Development - Government Communications from 2008. David also managed the London-based satellite operator Europe*Star (sold to Intelsat in 2005) after holding several managerial positions in Alcatel Space (now Thales Alenia Space).

Following his nomination, David Chégnion thanked Mustapha and Pacôme for the trust that they have placed in him, allowing him to continue the work initiated by Mustapha. "I am especially grateful to Mustapha for his continued support and confidence over the decades that we have known each other."

"I have enjoyed my time at the helm of SATConsult and wish to thank all the great people that I've been privileged to work with. I am pleased to be able to take a step back and hand the reins over to an expert such as David. Together with his deep industry knowledge and global business experience, he has all the skills necessary to continue the leadership of the company and establish new directions. He has my entire confidence and I look forward to continuing working with him in our new positions," commented Mustapha Elriz, CEO of SATConsult from 2006 to 2018.

Pacôme Révillon, CEO of the Euroconsult Group thanked Mustapha for his extraordinary achievements at SATConsult. "As founder, Mustapha built SATConsult from the ground up to form a company which today has the confidence of many prestigious entities and is part of an international group of world-renown. We are pleased to have found such a highly experienced and innovative executive as David to continue Mustapha's legacy."