Lynk Global, which plays in the phone-to-satellite market, appointed a new CEO and CFO ahead of its plans to go public. #pressrelease
November 7, 2024
Lynk Global, Inc. ("Lynk" or "the Company"), a leading satellite direct-to-device provider, today announced the appointment of Ramu Potarazu as Chief Executive Officer (CEO) and Steven Fay as Chief Financial Officer (CFO), with both also being appointed to Lynk’s Board of Directors (the "Lynk Board"). Potarazu succeeds interim CEO Dan Dooley, who is resuming the position of Chief Commercial Officer.
These appointments received unanimous approval following a search led by the Lynk Board in partnership with the leadership of Slam Corp. (OTCQX: SLAMF) and coincides with new capital investments from Lynk's key shareholders. Lynk previously announced plans to become a publicly listed company through a business combination agreement (the "Business Combination") with Slam Corp. This leadership transition is intended to be a part of a strategic executive realignment to bolster the Company's executive ranks with seasoned industry veterans as it prepares to enter the public markets. Potarazu and Fay each bring decades of experience building satellite and technology companies, executing transformative strategic, commercial, and capital markets transactions, raising and deploying capital, and executing growth initiatives in both the public and private markets. The Lynk Board and Slam Corp. team view this experience to be mission critical to the Company as it looks to access and deploy capital to expand business operations.
Read the full press release here.
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