Speedcast Strengthens Executive Team With Appointment of Clive Cuthell as Chief Financial Officer

Experienced executive hired to lead finance activities and support continued growth

SYDNEY, April 9, 2018 Speedcast International Limited (ASX: SDA), the world’s most trusted provider of remote communication and IT services, today announced that Clive Cuthell is joining the Speedcast executive leadership team as Chief Financial Officer (CFO), reporting to CEO Pierre-Jean Beylier; his commencement date is April 9, 2018.

Cuthell is a veteran finance leader with over 25 years of experience. His recent experience includes the global CFO role at Nuplex Industries, global company dual listed in New Zealand and Australia,  and five years with the global cement major, Holcim.  As Speedcast’s CFO he will lead the group’s finance activities, contribute to ongoing growth and ensure that robust financial disciplines & governance are maintained.

“Speedcast has continued to deliver tremendous growth over the past several years, through both organic growth and M&A activity. I am impressed with its ability to adapt and integrate while maintaining its drive to deliver the best managed services,” said Cuthell.  “The group’s values for outstanding customer service and passion for excellence align with my own philosophy.”

“Clive is a great addition to our executive team as Chief Financial Officer” said PJ Beylier, CEO, Speedcast. “He has been a finance leader for many years for large global corporations, and his experience with listed companies will be valuable. His expertise in M&A, integrations and change management will also be an important asset to Speedcast’s team. With Clive, we have found an executive who has all the skills we were looking for and is a great fit with Speedcast’s culture.”