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Michelle Savoy Named Chair of Aireon Board

MCLEAN, VIRGINIA – 15 February 2024 – Aireon named Michelle Savoy as Chair of the Board, replacing Marc Courtois who retired.

Savoy is the President of Quill Ridge Capital Inc. and is a seasoned corporate director that has served on the NAV CANADA Board of Directors since 2015 and was named Chair in January 2024. With over 25 years of experience in financial services and capital markets industries, Savoy has held several senior executive positions including President of the Canadian division of The Capital Group of Companies, Capital Guardian Canada. Earlier in her career, she was a senior executive consultant at Spencer Stuart and Associates, Inc., and she spent more than a decade with CIBC World Markets where she ultimately held the position of Managing Director, Global Head of Foreign Exchange and Fixed Income Sales.

Courtois, who also retired as NAV CANADA’s Chairman of the Board in January, had served at Aireon’s Board Chairman since August 2017.

“On behalf of the Aireon team, I would like to thank Marc for his outstanding guidance and leadership during his tenure. He was instrumental in helping Aireon during the business startup phase as well as the trying COVID period. We look forward to working with Michelle as Chair of the Board as Aireon continues on its post-pandemic growth trajectory,” said Don Thoma, Aireon CEO.

To learn more about Aireon and its Board of Directors, visit