Communication and IT solution provider, Speedcast International (ASX:SDA)
has appointed Peter Shaper and Joe Spytek as independent non-executive directors as part of Speedcast’s Board renewal process.
Peter Shaper is currently a Partner of US private equity firm Genesis Park and holds an MBA from Harvard, and a Bachelor of Industrial Engineering from Stanford University.
Joe Spytek has more than 25 years of experience in leadership and international business including serving as the Founder and CEO of ITC Global.
He has previously built several successful international telecommunications companies, and holds a Bachelor’s degree in Mechanical Engineering from Vanderbilt University.
This comes as Caroline van Scheltinga announces her retirement from the board effective immediately.
Shares in Speedcast International (ASX:SDA)
are trading 12.2 per cent higher at $1.20.