Inmarsat Appoints New CFO

London, UK, February 21, 2014-- Inmarsat today announced that Tony Bates will join the company on June 2 as an executive director and its Chief Financial Officer.

Mr Bates is an experienced senior finance and business professional.  He has been the Group CFO of hibu (previously Yell Group Plc) since November 2010. He played a leading role in the multi billion pound refinancing of the Group’s capital structure and in the delivery of a much lower cost operating model.  Prior to hibu, he was Chief Operating Officer of Colt Group S.A., the pan-European business telecoms operator, where he was responsible for the Finance function from 2003 to 2009. His previous senior management experience was mainly with EMI Group plc, latterly as Group Finance Director. 

Mr Bates took a First Class BSc in Management Sciences at the University of Manchester Institute of Science and Technology.  He is a Fellow of the Institute of Chartered Accountants in England and Wales.

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