Solutions30 Enters New Era as Veteran Board Member Alexander Sator Departs

PARIS, France – December 29, 2025 – Solutions30, a European leader in multi-technical field services, is poised for a significant governance overhaul as Alexander Sator, a long-serving member and former Chairman of its Supervisory Board, has announced his resignation effective December 31, 2025. Sator, who has been instrumental in shaping the company's strategic direction for over a decade, is stepping down to dedicate his focus to other professional projects.

The departure marks the end of an era for the Luxembourg-headquartered firm, which specializes in deploying and maintaining digital and energy infrastructure across the continent. Sator’s exit is part of a broader restructuring of the board, which also sees member Olivier Domergue transition into an executive role on the Group's Management Board. These moves signal a deliberate pivot toward a new model of oversight, emphasizing enhanced independence, diversity, and a sharpened focus on financial performance as the company navigates the evolving technological landscape.

A Legacy of Growth, A New Strategic Imperative

Alexander Sator joined the Supervisory Board in 2014 and served as its influential Chairman from August 2018 to November 2024. His tenure coincided with a period of significant expansion for Solutions30, as it grew its footprint to operate in 10 countries, establishing itself as a crucial partner in Europe's digital transformation and energy transition. The company's model of duplicating its success in the French market across other key European territories was a hallmark of this growth phase.

While current CEO Gianbeppi Fortis and newly appointed Chairman Thomas Kremer expressed their gratitude for Sator's contributions to the group's development, the company is now openly shifting its priorities. The current strategy is described as a transformation of its business model, with a clear mandate to restore operating margins, improve cash generation, and strategically expand its customer base.

A key pillar of this new chapter is aggressive growth in the German market, where Solutions30 aims to triple its revenue to between €150-200 million by 2026. This would establish Germany as a third strategic pillar alongside its established markets in France and the Benelux region. The company has set ambitious targets of achieving adjusted EBITDA margins of over 10% in these three core segments, a goal that underscores a pivot from pure expansion to sustainable profitability. This new directive will be the primary focus for the reconstituted leadership team.

Remaking the Board: Independence and Diversity Take Center Stage

The most telling aspect of Solutions30's evolution is the composition of its incoming Supervisory Board. As of January 1, 2026, the board will be a leaner five-member body, a notable characteristic of which is that all five members will be independent. This move toward a fully independent board of overseers is a strong statement on corporate governance and accountability.

Furthermore, the new board will feature a three-member female majority, placing women in 60% of its seats. This composition not only brings the group into compliance with the European "Women on Boards" Directive ahead of schedule but significantly surpasses the European average. According to 2025 governance data, women hold approximately 40.9% of board seats on Stoxx Europe 600 companies. Under the continued leadership of Chairman Thomas Kremer and Vice-Chairwoman Paola Bruno, the board's structure reflects a proactive embrace of modern governance principles, where diverse perspectives are seen as critical for robust strategy and risk management.

This shift is occurring as European companies face increasing regulatory scrutiny, particularly with the implementation of the EU's Corporate Sustainability Reporting Directive (CSRD), which demands greater transparency on environmental, social, and governance (ESG) metrics. A diverse and independent board is better positioned to navigate these complex requirements and ensure long-term resilience.

Beyond the Boardroom: Sator’s Enduring Focus on Tech Innovation

While the press release cited Sator's desire to focus on "other professional projects," his departure from Solutions30 is far from a retirement. Sator remains a significant figure in the European technology and telecommunications sectors. He is the founder and Chief Executive Officer of 1NCE, a multinational Internet of Things (IoT) carrier operating as a joint venture with powerhouse Deutsche Telekom AG, a role he has held since 2018.

In addition to his leadership at 1NCE, Sator has been the Managing Director of Sapfi Kapital Management since 2003, a family office that strategically invests in the telecommunications industry. With around 30 international patents to his name, primarily in laser technologies, Sator's professional landscape is deeply rooted in technological innovation. His decision to step down from Solutions30 appears to be a strategic consolidation of his efforts on his ventures in the burgeoning IoT market and his investment portfolio, rather than a withdrawal from the industry.

Market Waits as Leadership Turns a New Page

The market's immediate reaction to the leadership change has been measured. On the day of the announcement, Solutions30's stock on the Euronext Paris exchange saw a marginal decline of less than one percent, indicating an absence of investor panic. Current analyst consensus rates the stock as "Neutral," with recommendations to "Hold," suggesting the financial community is taking a wait-and-see approach to the company's strategic pivot.

This cautious sentiment is likely to persist as investors watch for tangible results from the new leadership structure. The transition of Olivier Domergue from the Supervisory Board to an executive role is a critical piece of this puzzle. His new mission on the Management Board is explicitly to steer the improvement of the Group's operational and financial performance. This appointment directly addresses the company's stated goals of boosting margins and cash flow, signaling to the market that governance changes are being paired with direct action. As the new board settles in and management executes its performance-focused strategy, all eyes will be on whether this new era for Solutions30 can translate its renewed governance model into financial success.