O3b Networks names new CEO

O3b Networks has appointed Steve Collar as chief executive officer.
He succeeds Mark Rigolle, who decided to leave after helping complete O3b’s latest financing round in November 2010.
After a handover period, Collar will formally take up his new position on March 7.
Collar joins O3b from SES where he served as SVP of business and market development for SES World Skies.

He oversaw the company’s long-range strategic planning activities and helped arrange SES’ investment in O3b Networks.