OTTAWA – Satellite operator Telesat has hired Michel Cayouette as the company’s new chief financial officer.
The Montreal native brings to Telesat more than 15 years of experience in the global telecommunications industry, having held senior finance positions at companies in North America, Europe and Asia, including Teleglobe, Orbcomm Global, TIW Asia and Flag Telecom.
"I’m delighted that Michel is joining Telesat as our new CFO. Michel is a seasoned, world class senior finance executive and I’m looking forward to working closely with him and the rest of the Telesat team as we continue to grow the company," said Dan Goldberg, Telesat’s president and CEO, in the press release.
"For me, joining Telesat is the best of both worlds: it’s a company that’s both established and entrepreneurial – with a history of success and a promising future," said Cayouette. He joins Telesat on September 17, succeeding longtime CFO Ted Ignacy, who will remain with Telesat until the end of October during the transition.
"Ted has been with Telesat for 22 years and, over that period, has made immense contributions to the company’s development and progress. I’m grateful for Ted’s dedication and hard work and wish him much success in his next endeavors," added Goldberg.
