Viasat's Strategic Board Development with Barbara Frenkel's Appointment
Viasat, Inc. (NASDAQ: VSAT), a prominent player in satellite communications, has announced an exciting addition to its Board of Directors. The company recently welcomed Barbara Frenkel, whose experience is set to bolster the strategic direction of Viasat as it navigates the evolving landscape of global connectivity.
Insights from Leadership
Mark Dankberg, Chairman and CEO of Viasat, expressed enthusiasm about the addition, stating, "We are thrilled to welcome Barbara to our Board and look forward to her insight and contributions." This statement underlines the importance Viasat places on diverse perspectives and expertise, particularly as the company prepares for significant advancements in connectivity solutions.
Frenkel's Extensive Experience
Barbara Frenkel brings over three decades of experience from the automotive industry, which brings valuable insights to Viasat. Her recent position as an Executive Board Member at Porsche AG involved overseeing the company's global procurement strategies and fostering relationships within the industry. Her strong background in managing intricate supply chains is expected to play a crucial role in Viasat's strategic initiatives.
The Growing Need for Connectivity
The advent of direct-to-device connectivity represents a transformative opportunity in the transport sector. Market trends suggest growing demand for connected and autonomous vehicles, which aligns perfectly with Viasat's mission to provide exemplary satellite connectivity solutions.
Building Partnerships
Frenkel's proven ability to create and maintain solid partnerships is particularly relevant at this juncture. Viasat is committed to driving large-scale adoption of its innovative technologies, and her presence on the Board is likely to enhance Viasat’s position as a leader in the satellite communications domain.
About Viasat
Viasat is dedicated to connecting the world through its expansive network of satellite communications. With a robust presence in 24 countries, the company aims to revolutionize the way businesses, consumers, and governments communicate. Viasat's commitment extends beyond just connectivity; it aims to deliver secure, fast, and affordable services globally.
Recent Acquisitions and Innovations
In an important move earlier this year, Viasat completed the acquisition of Inmarsat, merging the strengths of both companies to redefine global communications. This strategic decision underscores Viasat's vision of creating a world where everyone, everywhere can stay connected.
Viasat's Vision for the Future
The integration of Barbara Frenkel into Viasat's Board exemplifies the company’s commitment to continuous improvement and innovation in the satellite communication space. With new technologies emerging, Viasat is well-positioned to address the needs of consumers and businesses alike.
Contact Information
For further inquiries, Viasat, Inc. can be reached at the following:
Lisa Curran / Peter Lopez, Investor Relations, IR@viasat.com
Dan Bleier / Scott Goryl, Corporate Communications, PR@Viasat.com
Frequently Asked Questions
What is Viasat, Inc.?
Viasat, Inc. is a global communications company focused on satellite connectivity and providing services to businesses, consumers, and governments.
Who is Barbara Frenkel?
Barbara Frenkel is a seasoned executive with extensive experience in the automotive industry, recently appointed to Viasat's Board of Directors.
Why is Barbara Frenkel's appointment significant?
Her expertise in the transport sector and managing complex supply chains will enhance Viasat's strategic initiatives, particularly in the growing connectivity market.
What recent developments has Viasat made?
Viasat recently completed its acquisition of Inmarsat, which positions the company to advance its global communication capabilities further.
How can I contact Viasat?
You can reach Viasat's Investor Relations at IR@viasat.com and Corporate Communications at PR@Viasat.com.
