SATCOM Services Press Release 2024
[Ojai, CA] – SATCOM Services, a leading provider of satellite communications solutions, today announced a transition in leadership as Mike Termondt, the company's long-standing President and CEO, retires after 25 years at the helm. Succeeding Termondt is Ninh Le, who will assume the role of President and CEO effective immediately.
Termondt's tenure at SATCOM Services has been marked by visionary leadership and a steadfast commitment to driving innovation in the satellite industry. Under his guidance, the company has evolved from a small regional player to a global force, pioneering cutting-edge technologies and delivering unparalleled satellite communications services to customers worldwide.
"It has been an honor and a privilege to lead SATCOM Services through an era of unprecedented technological change," said Termondt. "I am incredibly proud of what we have accomplished, and I have the utmost confidence that Ninh Le is the ideal leader to propel the company into its next phase of growth and success."
To ensure a smooth transition for customers and suppliers, Termondt will remain in an advisory capacity with SATCOM Services for the next 6 months, working closely with Le during this period.
Le brings a wealth of experience in the satellite communications industry, having held senior executive positions at several prominent companies. His strategic vision, technical expertise, and proven leadership abilities make him exceptionally qualified to take the reins at SATCOM Services.
"I am humbled and excited to assume the leadership of SATCOM Services, a company with a rich legacy and a brilliant team of professionals," said Le. "Mike Termondt's contributions to the industry are immeasurable, and I look forward to building upon his remarkable achievements. In an era of rapidly evolving satellite technologies, SATCOM Services is well-positioned to continue delivering cutting-edge solutions that drive value for our customers."
The transition in leadership is effective immediately, with Termondt stepping down and Le assuming the President and CEO role. SATCOM Services remains committed to its core values of innovation, customer focus, technological excellence, strong financial backing, and strong manufacturer relationships as it embarks on this new chapter under Le's guidance.
About SATCOM Services:
SATCOM Services is a global leader in satellite communications, providing innovative solutions and services to customers across various industries. With a focus on cutting-edge technologies, unparalleled customer support, robust financial backing, and strong partnerships with leading manufacturers, the company has established a reputation for excellence in the satellite communications market.