Shareholders Approve All AGM Resolutions and SES Board Elects Frank Esser as Chairperson

Shareholders Approve All AGM Resolutions and SES Board Elects Frank Esser as Chairperson

02.04.2020: Approved resolutions include SES’s 2019 financial accounts, a dividend of EUR 0.40 per A-share, reduction in the Board size from 14 to 12 Directors, re-election of three Board members, and first-time election of four Board members

Approved resolutions include SES’s 2019 financial accounts, a dividend of EUR 0.40 per A-share, reduction in the Board size from 14 to 12 Directors, re-election of three Board members, and first-time election of four Board members



SES S.A. held its Annual General Meeting (AGM) today in Betzdorf, Luxembourg, in which all resolutions were approved by shareholders.

 

The meeting was held based on the rules set out in the Grand Ducal Regulation of 20 March 2020 with shareholders participating remotely by appointing SES designated proxyholders to represent them at the meeting and to carry out their voting instructions given ahead of the meeting. Compliance with voting instructions was verified by the bureau of the AGM.



The approved resolutions included the company's 2019 financial accounts and the proposed dividend of EUR 0.40 per A-share which will be paid to shareholders on 23 April 2020. Accordingly, SES’s 2019 Annual Report has been published and is available to download at http://www.ses.com/annual-report.



Shareholders also approved a reduction in Board size from 14 to 12 Directors.


In addition, shareholders elected Béatrice de Clermont-Tonnerre and Peter van Bommel for an initial two-year mandate and elected Paul Konsbruck and Frank Esser for another three-year mandate. They also re-elected Ramu Potarazu, Kaj-Erik Relander and Anne-Catherine Ries for three years.


In the context of the reduction in Board size, shareholders also noted the resignations of Victor Casier, Hadelin de Liedekerke Beaufort, Marc Serres and François Tesch as Directors of SES. The AGM thanked those Directors for their contributions.


Consequently, the Board is now composed as follows: A-shareholders are represented by (all of them independent) Romain Bausch, Béatrice de Clermont-Tonnerre, Frank Esser, Tsega Gebreyes, Ramu Potarazu, Kaj-Erik Relander, Peter van Bommel, Katrin Wehr-Seiter; and B-shareholders are represented by Serge Allegrezza, Paul Konsbruck, Anne-Catherine Ries, Françoise Thoma.


At the AGM, Romain Bausch, Chairman of the SES Board and former President and CEO, informed the shareholders that he would not seek a new mandate as Chairman. Mr Bausch will remain on the Board as an independent Director.



Accordingly, in its meeting following the AGM, the Board of Directors elected Frank Esser as Chairperson of the Board for a period of one year and re-elected both Tsega Gebreyes and Anne-Catherine Ries as Vice-Chairpersons of the Board, also for a period of one year.


“Having been at the helm of the company for 25 years, firstly as CEO and latterly as Chairman and with the company now entering an exciting period of transformation under Steve Collar’s leadership and with a newly invigorated and streamlined Board, I consider it to be the right time to pass the baton to a new Chair in the renewed Board,” said Romain Bausch.



“It has been a true privilege to serve SES in these different roles and I want to thank our shareholders for their continued support.”


“I am honoured to be elected Chairperson at this important and exciting time for our company with SES being in a great position for further development,” said Frank Esser.



“I am delighted to be joining the Board with several new Directors who will each bring strong competencies, complementing those of the rest of our Board colleagues. I would also like to take this opportunity to pay tribute to Romain and his contribution, commitment and on-going service to SES with his continued presence as a Director.”




Suzanne Ong ,Richard Whiteing , Photo: Business Wire

Permanent-URL: http://www.automobilsport.com/shareholder-ses-approve-agm-resolutions-frank-esser-chairperson---205707.html

02.04.2020 / MaP

More News

SES and Isotropic Systems Enter New Phase of Customer Edge Terminal Antenna Development to Unleash O3b mPOWER
05.03.2020
Isotropic’s high-throughput multi-beam terminals and SES’s multi-orbit domain open up new world of powerful, resilient connectivity and capabilities for broad range of commercial and government markets more >>
SES and Telesat Applaud FCC’s Final C-band Report and Order
05.03.2020
SES and Telesat, as founding members of the C-Band Alliance, again thank Chairman Ajit Pai and the Commission for their leadership and enormous efforts leading up to release of the final C-band Report and Order. Importantly, in the final order the FCC made necessary more >>
SES Announces Next Phase of Strategic Transformation
02.03.2020
Company to explore the creation of pure-play market verticals through the potential separation of its data business within SES ‘Simplify and Amplify’ will drive focus on company’s core strengths, simplify its operations and facilitate innovation for future growth SES is launching a comprehensive programme to position itself for more >>
SES: Full Year 2019 Results
02.03.2020
SES S.A. today announced financial results for the year ended 31 December 2019 with results in line with SES’ financial outlook, including a second successive year of revenue growth in SES Networks. SES also announced the next phase of strategic transformation to position itself for future growth and deliver value to both customers and stakeholders that more >>
SES and Telesat Respond to FCC Adoption of C-band Report and Order
29.02.2020
SES and Telesat, as founding members of the C Band Alliance, today congratulate Chairman Ajit Pai and the Commission on the adoption of the C-band Report and Order. This momentous decision is a win-win-win for U.S. leadership in 5G, American taxpayers, more >>
Orange and SES Team up on O3b mPOWER Communications System and Open a New Era for Satellite Connectivity Innovation
27.02.2020
Orange will be the first global telecom operator to integrate satellite-based revolutionary terabit-scale O3b mPOWER communications system in its network, to support the growing demand for connectivity in AfricaOrange, one of the world’s leading mu more >>
NHK WORLD-JAPAN Joins Growing TV Channels on Ethiosat
26.02.2020
Ethiopia’s first dedicated TV channel bouquet welcomes NHK WORLD-JAPANThe world’s leading satellite operator, SES, today announced that NHK WORLD-JAPAN ha more >>
SES Responds to Intelsat’s Ex-parte Submission to the FCC Regarding the C-Band Spectrum Clearing Process
20.02.2020
SES S.A. today notes the comments made by Intelsat in its ex-parte submission to the U.S. Federal Communication Commission (FCC) dated 19 February 2020.SES reaffirms its steadfast support for the Commission&rsq more >>
Belgian Development Agency Enabel Partners with SES to Connect Foreign Aid Projects in Africa via Satellite
12.02.2020
Satellite-enabled solutions will bring connectivity in remote locations, improving the lives of thousands of peopleThe Belgian development agency Enabel and SES, a leader in global content connectivity solutions, will deliver more >>
SES Names Sandeep Jalan as New Chief Financial Officer
11.02.2020
Current CFO of Aperam S.A. will assume his new role from May 2020SES, the leader in global content connectivity solutions, today announced the Board of Directors has appointed Sandeep Jalan as Chief Financial Officer (CFO) of SES. He will assume the position from 6 May 2020. more >>
SES’s and Gilat Telecom’s Resilient Network Restores Connectivity in Africa
10.02.2020
Satellite-based connectivity services provided jointly by the long-term partners enabled internet in the Democratic Republic of Congo to be up and running within just four days from a submarine cable outage more >>
SES Networks’ High-performance Connectivity Enhances EU Fisheries Control Operations
06.02.2020
The European Fisheries Control Agency (EFCA) experiences seamless connectivity between moving platforms at sea, in air and on land, for real time information on fishery activities under EMSA and SES Networks’ framework agreement more >>
Expanded Partnership with SES to Give Princess Cruises First Access to Ground-Breaking O3b mPOWER Satellite-Based Communications System
03.02.2020
Princess Cruises to host a series of events in 2020 to demonstrate elite global connectivityPrincess Cruises, a leading brand of the Carnival Corporation & plc (NYSE/LSE: CCL; NY more >>
Luxembourg's 2025 ambition - Shaping a sustainable future report
28.01.2020
LUXEMBOURG'S 2025 AMBITION report download here more >>
SES GS, Artel and Leidos provide mission-critical connectivity for Palmer Station, Antarctica
23.01.2020
National Science Foundation research station receives satellite and telecommunications data link to ensure continuation of scientific mission SES Government Solutions (SES GS) and Artel have teamed with Leidos to deliver vital more >>
Mediengruppe RTL Deutschland to Continue Broadcasting in SD with SES on ASTRA 19.2
09.01.2020
Viewers across Germany will continue receiving all standard definition channels from RTL Deutschland Mediengruppe RTL Deutschland GmbH, one of the leading private more >>
ACL: "Annonces gouvernementales Mobilité : trop de questions sans réponses"
18.12.2019
Ces dernières semaines, le gouvernement a annoncé au compte-gouttes différentes mesures qui auront toutes un coût pour l’automobiliste. Si l’ACL est favorable à des actions envers une mobilité plu more >>
Groupe Encevo Luxembourg - Réception pour le personnel méritant
16.12.2019
Le vendredi 6 décembre 2019, les présidents des conseils d’administration et le comité exécutif d’Encevo S.A., d’Enovos Luxembourg S.A. et de Creos Luxembourg S.A. ont convié les collaborateurs méritants à une agape sympathique en présence de la délégation du personnel. Ainsi, ont été honor&eac more >>
Mobilité du futur -L’ACL et l’Université du Luxembourg s’associent autour du projet MaaS4All
28.11.2019
L’Automobile Club du Luxembourg (ACL) et l'Université du Luxembourg s’associent pour développer sur une durée de trois ans un nouveau projet de partenariat public et privé. Financé par le more >>
ACL- Vignettes autoroutières
26.11.2019
Les nouvelles vignettes 2020 pour l’usage des autoroutes suisses et autrichiennes seront en vente dans les bureaux de l’Automobile Club (ACL) à partir de lundi 2 décembre.Pour l&rsqu more >>
SES Delivers Connectivity to Verizon and Nokia’s Operation Convergent Response Event for First Responders
19.11.2019
Connectivity provided via SES’s innovative Non-Geostationary Orbit (NGSO) satellite constellation will be used for critical tech demos and live action simulations of wildfires, cyberattacks, airports in crisis and other emergenciesThe world’s leading satellite operator SES today announced that it will be providing satellite capacity to more >>
C-Band Alliance Proposes to Clear 300 MHz of Spectrum for Nationwide 5G Deployment
29.10.2019
C-Band Alliance updates 5G proposal to the FCC and offers to clear 300 MHz of C-band spectrum, inclusive of a 20-MHz guard band C-Band Alliance updates 5G proposal to the FCC and offers to clear 300 MHz of C-band spectrum, inclusive of a 20-MHz guard band more >>
SES Successfully Prices €500 Million 8-Year Euro Bond
28.10.2019
SES S.A. announced today the successful launch and pricing of a bond offering in which it has agreed to sell senior unsecured fixed rate notes due in 2027 for a total amount of EUR 500 million. The notes will bear a Coupon of 0.875% per annum a more >>
Mediahouse.PH and SES Launch CLUBTV, Delivering More TV Choices to Viewers Across the Philippines
24.10.2019
Mediahouse.PH launches thematic TV platform in Asia-Pacific with an initial bouquet of six TV channels via SES-9 satellite Millions of homes in the Philippines will be able to enjoy new international TV channels thanks to C more >>
UEFA Champions League and Europa League matches broadcast live in HD across Indonesia on Nex Parabola via SES-9 satellite
21.10.2019
Nex Parabola and SES bring premier European football matches live in HD to viewers across 17,000-island archipelagoFootball fans in Indonesia are now able to watch their favourite European teams compete in the UEFA Champions League (UC more >>
Ethiopia Welcomes First Dedicated TV Platform: Ethiosat
03.10.2019
Ethiosat platform to deliver HD channels to Ethiopian viewers for the first time For years, Ethiopian TV viewers have had to navigate through a plethora of multinational content in a variety of foreign la more >>
Kartina TV expands reach via SES Satellite at 19.2 degrees East
30.09.2019
Over-the-top content provider will leverage reach of satellite at SES’s prime neighbourhood to deliver Russian-language TV channels for households across Western EuropeOver-the-Top (OTT) platform Kartina TV will be broadcasting the tailore more >>
THE 4 SEASONS OF FARVEST -A new strategy for the communication agency
19.09.2019
Building on the international success of its digital and tech ICT Spring summit and on the way to its 20th anniversary, the 360 communication agency presents its new strategy. "Farvest 2020" corresponds to the duplication of the ICT Spring concept towards creative industries, financial innovations and human challenges’ innovations. more >>
Datasat to Provide Enhanced Connectivity to Ferry Fleet in the Mediterranean Sea with SES Networks
17.09.2019
Reliable, high-speed broadband services of up to 100 Mbps will significantly enhance passenger, crew and ship connectivity experiencesDatasat, a leading provider of gateway internet services via satellite, ha more >>
Collins Aerospace, SES and Vista Global to launch LuxStream connectivity service for business aircraft
12.09.2019
   The fastest speeds available●          Vista Global to serve as launch customer with 116 owned aircraft in operation worldwide●          Only service to offer speeds up to 25 Mbps in the U.S. and 15Mbps globally●  &n more >>
ACL, acteur engagé de la mobilité au Luxembourg
10.09.2019
L’Automobile Club du Luxembourg ou ACL est aujourd’hui une association et une communauté de 183.000 membres qui s’engage pour la mobilité au sens large, pour garantir et promouvoir l’accès à la mobilité, sa qualité, la sécurité et le libre choix du moyen de locomotion. La mission de l'ACL est d’offrir une assi more >>
SES Selects SpaceX to Launch Groundbreaking O3b mPOWER MEO Communications System
09.09.2019
Long-term innovation partners team up to launch seven Medium Earth Orbit satellites onboard Falcon 9, dramatically scaling proven O3b low-latency, high-performance connectivity services SES announced today that it has sele more >>
SES Extends Global Reach of Microsoft Azure ExpressRoute with Multi-orbit Satellite Systems
09.09.2019
SES provides unique, application-specific flexibility, geographic reach, performance and resiliency as the first Microsoft Azure ExpressRoute services partner with a multi-orbit, cloud-scale satellite network more >>
SES to Deliver Cloud-enabled Solutions
09.09.2019
New solutions to power the cloud-scale era with intelligent automation and orchestration, cloud-based video services and direct satellite connectivity to Microsoft Azure SES today announced plans to deliver new Microsoft Azure-based media services fo more >>
SES to Deliver Premium Broadcast-Grade Cloud Service for Media Delivery on Microsoft Azure
09.09.2019
SES to demonstrate new media delivery service on Microsoft Azure at IBC2019 in Amsterdam SES announced today it is developing a broadcast-grade managed cloud service offering on Microsoft Azure as a result of an expanded collaboration with Microsoft. Ben more >>
SES to Enhance and Expand O3b mPOWER System Capabilities with Dynamic Software Innovation
05.09.2019
SES partners with Kythera Space Solutions to develop a software system to dynamically synchronise space and ground resources, utilising real-time data to optimise network services and deliver premium user experiences with maximum efficiency more >>
SES Redefines Live Events with Synchronised Satellite and OTT
04.09.2019
New solution helps broadcasters and content rights owners address screen vs screen latency, a critical issue for live streaming over IP deliverySES’s latest solution, which will be showcased at IBC2019 in Amsterdam, synchronises over-the-top (OTT) more >>
SES Announces Andrew Browne Will Step Down as CFO in October
02.09.2019
SES announced today that Andrew Browne, Chief Financial Officer of SES, has decided to step down for personal and family reasons and pursue other endeavors. The search for a successor is underway and an announcement wi more >>
SES Pioneers Cloud-Based Network Automation and Service Orchestration
05.08.2019
SES teams with Amdocs to operationalise the first ONAP orchestration platform for scalable, automated delivery of satellite-enabled network services on Microsoft Azure SES announced today it will create an open, standards-based network automatio more >>
2001-2021 copyright automobilsport.com