SES Announces Appointment of New CFO
SES announced
its Board of Directors has appointed Elisabeth (Lisa) Pataki as Chief Financial
Officer (CFO), effective 16 June 2025. Lisa is a progressive finance executive
with over 20 years of experience at various publicly listed multi-national
aerospace and defence companies with strong background in company
transformation and investment strategies. She will succeed Sandeep Jalan who
has been SES’s CFO since May 2020.
The SES Board acknowledges Sandeep’s contribution to SES and wishes him
success in future endeavours. Lisa will work closely with Sandeep to ensure a
smooth handover before he leaves on 31 July 2025.
“I would like to thank Sandeep for his steadfast leadership over the
last five years where he has driven continuous execution improvement and
transformation while strengthening the company’s balance sheet with a
competitive cost of capital and delivering healthy cash returns to
shareholders,” said Adel Al-Saleh, CEO of SES. “We are pleased to welcome Lisa
as our new CFO. Lisa has extensive experience in the aerospace and defence
ecosystem and has completed several successful M&A finance integrations. Moreover,
her ability to develop financial strategies that prioritise operational focus,
efficiency, and profitable investments will strengthen SES's Leadership Team,
helping SES achieve our mission of being a leading satellite player.”
“I would like to thank everyone at SES for their outstanding teamwork,”
said Sandeep,, CFO of SES. “I am proud of the strides we have made during the
past years, and I will continue to cheer SES’s progress in the industry.”
Incoming CFO Lisa said, “I look forward to stepping into this new
position and working with everyone at SES to jointly deliver an exciting future
for the years to come.”
Lisa joins SES from Aerojet Rocketdyne, an L3Harris Company, where she
helped expand profitability through streamlining operations and prioritising
capital investments for long-term growth. As Group CFO for the Comet Group from
2020-2023, she drove EBITDA margin expansion of over 5 percentage points. In
her 10-year progressive career (2005-2015) across RTX Corporation (formerly
Raytheon Technologies Corporation), she held multiple finance roles and led the
financial integration of Applied Signal Technologies, one of Raytheon’s largest
acquisitions in 2011.
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