New Appointments News

SWISSto12 appoints Fredrik Gustavsson as Chief Financial and Strategy Officer

As CFSO, he will focus on strategic growth, financial excellence, and corporate development.

SWISSto12 has named Fredrik Gustavsson as its new Chief Financial and Strategy Officer (CFSO), a key appointment aimed at accelerating the company’s global growth and enhancing its strategic and financial operations. The announcement follows the recent addition of Steve Collar to the Board of Directors as Chairman, signaling a broader move to fortify the company’s leadership amid rising momentum in the satellite industry.

Gustavsson brings extensive experience in strategy, finance, and corporate development, with a strong track record in delivering shareholder value and leading growth-focused initiatives across sectors such as satellite communications and transportation. His expertise includes corporate finance, mergers and acquisitions, and operational performance, making him a strategic asset for SWISSto12’s continued expansion.

SWISSto12 has announced the appointment of Fredrik Gustavsson as its new Chief Financial and Strategy Officer (CFSO). This role will focus on driving the company’s strategic growth, financial excellence, and corporate development initiatives as SWISSto12 continues to strengthen its position within the satellite industry. This news follows the announcement of Steve Collar joining SWISSto12’s Board of Directors as Chairman.

Emile de Rijk, CEO and Founder of SWISSto12, said: “I am delighted to welcome Fredrik to SWISSto12. His deep knowledge of the satellite sector, coupled with his strong financial leadership, strategic vision and ability to drive transformative growth initiatives, will be instrumental as we continue to scale our business and expand our global footprint.”

Prior to joining SWISSto12, Gustavsson held senior roles at global firms, including Inmarsat, where as Chief Strategy Officer, he shaped corporate strategy, led key M&A efforts, and was instrumental in the $7.3bn sale of the company to Viasat. His earlier career includes leadership positions at easyJet, Credit Suisse, Teneo, and McKinsey & Company, where he advised executive teams and boards on strategic and financial matters.

His career highlights include overseeing M&A transactions totalling more than $25bn, leading easyJet’s expansion strategy to boost profitability, and driving performance initiatives that generated over $500m in annual profit improvements.

Frederik Gustvasson, CFO-CSO of SWISSto12, added: “I’m thrilled to join SWISSto12 at such an exciting moment in its journey. The company’s stellar growth trajectory, with over $350 million in customer orders across the HummingSat and Radio Frequency product lines, and its continued international expansion, are a testament to the quality of the team and the strength of its uniquely enabling core technologies. I look forward to contributing to this next chapter of growth and innovation.”

Fredrik’s deep experience in strategic planning, M&A, and corporate development will be pivotal in SWISSto12’s next phase of growth, as the company continues to deliver cutting-edge solutions to satellite operators and telecom providers around the world.