AST SpaceMobile Announces Executive Leadership Team for Next Phase of Accelerated Growth – SatNews

AST SpaceMobile, Inc. (NASDAQ: ASTS) announced a strategic realignment of its leadership team, including the appointment of Scott Wisniewskiwho currently holds the position of Strategy Director, to the additional position of President, Shanti Guptawho currently serves as Chief Accountant, Operations Director and Andrew Johnsonwho currently serves as Chief Legal Director, to the additional position of Chief Financial Director.

This strategic change is designed to leverage the proven experience of AST SpaceMobile’s current management team and position the company for success in its next phase of accelerated growth.

By leveraging the competencies and experience of members of its current leadership team, AST SpaceMobile strives to create an environment in which executives can fully leverage their proven skills in accelerating commercialization, scaling operations and implementing financial discipline to achieve the company’s ambitious goals.

Scott Wisniewski, AST SpaceMobile’s chief strategy officer will assume the additional role of president, leveraging his extensive industry experience to oversee a broader scope including commercialization efforts, product development and regulatory affairs, and will continue to lead capital markets strategy, corporate development and investor relations. Since joining AST SpaceMobile in March 2021, Wisniewski has been instrumental in executing significant corporate deals and achieving key company achievements, including capital raising of over $600 million in the form of equity capital, convertible notes and non-dilutive prepayments to the company. With this strategic shift, he will expand his focus to include revenue growth and development, and work to ensure a smooth transition from strategy to execution for the AST SpaceMobile network.

Shanti Guptacurrently Chief Accounting Officer, will be promoted to Chief Operating Officer. In addition to his role as Chief Accounting Officer, Gupta has led multiple aspects of the company’s operations, including supply chain, supplier relations and negotiations, cost optimization, risk management, and information technology. As AST SpaceMobile transitions from technology development to full-scale production and manufacturing, Gupta’s full focus on operations, institutional business acumen, and leadership will be critical to driving operational excellence, increasing cost efficiency, and making this critical phase of global expansion a success.

Andrew JohnsonAST SpaceMobile’s Chief Legal Officer, will serve in the additional role of Chief Financial Officer. Johnson’s deep understanding of the financial and legal landscape will be invaluable as AST SpaceMobile continues its global expansion. Johnson will oversee all aspects of accounting, reporting, finance, compliance, risk management, and global legal affairs. This expanded role provides strong financial and legal leadership for the full-scale production and commercialization of the AST SpaceMobile network. Johnson joined AST SpaceMobile in May from 3D Systems Corporation, a publicly traded 3D printer supplier, where he held senior positions including Vice President, Chief Corporate Development Officer and Chief Legal Officer, Interim President and CEO, and Interim CFO.

“By combining the proven strengths of our management team with the changing needs of the company, we believe that we are prepared to make significant progress as we enter the next phase of commercialization,” he said Abel Avellan, founder, president and CEO of AST SpaceMobile. “This strategic shift is designed to empower each executive to maximize their impact, accelerating our mission to close connectivity gaps and deliver space-based mobile broadband to people around the world, whenever they need it. We are grateful to Sean Wallace, our outgoing CFO, for his leadership and contributions to AST SpaceMobile. His financial expertise was crucial as we navigated a period of significant R&D, formation of key strategic partnerships and validation of our technology, enabling us to rapidly accelerate our transition to commercial execution. We wish him all the best in his future endeavors and appreciate that he will serve as a consultant to the company during this transition period“