Ramu Potarazu Joins Lynk Global as CEO Amidst SPAC Merger
Portfolio - People | Nov 08, 2024 | EIN
Lynk Global has appointed former Intelsat President Ramu Potarazu as CEO, succeeding Dan Dooley who returns to his previous position as CCO. This leadership change is part of a planned executive realignment, coinciding with Lynk's ongoing SPAC merger with Slam Corp, led by Alex A-Rod Rodriguez, which must be completed by the end of December. Potarazu, whose extensive career includes senior positions at Intelsat and founding roles in software companies, signals Lynk's ambition to lead in satellite-to-device technology. Additionally, Lynk has brought in Steven Fay as CFO, who brings a wealth of experience from OneWeb, Google, and Sirius XM Radio, further strengthening the company’s leadership team amidst the strategic corporate transition.
Sectors
- Satellite Telecommunications
- Private Equity and SPAC
Geography
- United States – Lynk Global's SPAC merger with Alex Rodriguez-led Slam Corp indicates significant activity and implications in the U.S. market.
Industry
- Satellite Telecommunications – Lynk Global is involved in satellite telecommunications by developing satellites that can directly communicate with cell phones.
- Private Equity and SPAC – The article involves a Special Purpose Acquisition Company (SPAC) merger with Slam Corp, a type of investment structure common in private equity.
Financials
- Not specified – The article does not specify any financial amounts related to the SPAC merger or executive appointments.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lynk Global | Target company | Company | A satellite communications company developing proprietary technologies for direct communication with cell phones. |
| Ramu Potarazu | CEO | Person | Former Intelsat President appointed as CEO of Lynk Global as part of an executive realignment. |
| Dan Dooley | CCO | Person | Former interim CEO of Lynk Global returning to his original position as Chief Commercial Officer. |
| Slam Corp | Bidding Company | Company | A SPAC led by Alex A-Rod Rodriguez involved in the merger with Lynk Global. |
| Steven Fay | CFO | Person | Newly appointed Chief Financial Officer of Lynk Global with past experience at OneWeb and Google. |