Inmarsat has named Fredrik Gustavsson, a former airline executive, as Chief Strategy Officer in the British satellite operator’s third board appointment in three months.
The new role sees the former Head of Strategy & M&A at easyJet brought in to further strengthen the company’s executive leadership team and accelerate growth.
Inmarsat said the appointment follows a wide-ranging review of the company’s operations since Rajeev Suri became CEO on March 1.
Speaking about the new appointment, Rajeev Suri, said: “Inmarsat is the world-leading global mobile communications company and is well-positioned to return to growth this year. My focus is on accelerating our technology leadership, driving sustained growth and strengthening the company culture. To help do that, I am enhancing the company’s executive team and have already appointed a new Chief Commercial and Product Officer and Chief Marketing and Communications Officer. Today, I am pleased to announce the appointment of Fredrik Gustavsson as Chief Strategy Officer. Fredrik is a highly accomplished strategy and corporate development executive with a proven track record of delivering substantial shareholder value for companies across a range of industry sectors. He is a powerful addition to our leadership team.”
Fredrik Gustavsson was a UK-based managing director at Teneo, the global CEO advisory firm and, from 2012-2019, was Head of Strategy and M&A at easyJet. At easyJet, he was responsible to the Management Board across a broad strategy agenda and M&A execution, which included the acquisition of parts of Air Berlin, securing key airport slots for the multinational airline group and the company’s investment in the travel search engine DoHop.
Fredrik was also a Vice President of Investment Banking in the UK at Credit Suisse from 2006-2012. As a senior member of the team that applied Credit Suisse’s proprietary HOLT valuation framework, he helped to deepen client relationships through strategic and valuation advisory services across M&A and equity capital markets transactions.
From 2003-2006, he was a corporate finance and strategy specialist at McKinsey & Co in London. SatelliteProMe