Directors resign from Eutelsat Board

Pascale Paoli-Lebailly ©RapidTVNews | 03-07-2012

Satellite operator Eutelsat has announced the resignation of board directors Abertis Infraestructuras, represented by Francisco Reynes Massanet, and Abertis Telecom, represented by Marta Casas Caba.

These resignations follow the announcement on 22 June by the Abertis Group of the partial sale of its stake in Eutelsat Communications thereby reducing its holding from 15.35% to 8.35% of shares. The Eutelsat Board of Directors now comprises eight members of which four are independent.