Intelsat Board of Directors Elects Ed Kangas to Board
Former CEO of Deloitte, Touche, Tohmatsu brings wealth of financial,
accounting and public company experience
LUXEMBOURG -- July 26, 2012
Intelsat S.A., the world’s leading provider of satellite services, today
announced that its board of directors has elected Edward A. Kangas to serve on
the board effective today. Mr. Kangas will also serve on the audit and
Mr. Kangas, 68, served as chairman and CEO of Deloitte, Touche, Tohmatsu from
1989 to 2000, leading that firm’s global growth from $2 billion in revenue to
$11 billion in revenue. He currently serves as non-executive chairman of Tenet
Healthcare Corporation, and on the boards of United Technologies Corporation,
Intuit and Hovnanian Enterprises Inc.
“We’re delighted to welcome Ed to our board,” said Raymond Svider, chairman of
the board of Intelsat. “His wealth of experience on both privately-held and
public company boards will be invaluable in helping guide Intelsat as we
continue our growth worldwide.”
Mr. Kangas is a Certified Public Accountant. He earned his Bachelor’s and
Master’s degrees in Business at the University of Kansas.
Intelsat is the leading provider of satellite services worldwide. For over 45
years, Intelsat has been delivering information and entertainment for many of
the world’s leading media and network companies, multinational corporations,
Internet Service Providers and governmental agencies. Intelsat’s satellite,
teleport and fiber infrastructure is unmatched in the industry, setting the
standard for transmissions of video, data and voice services. From the
globalization of content and the proliferation of HD, to the expansion of
cellular networks and broadband access, with Intelsat, advanced communications
anywhere in the world are closer, by far.
Intelsat Safe Harbor Statement
Some of the statements in this news release constitute "forward-looking
statements" that do not directly or exclusively relate to historical facts.
The forward-looking statements made in this release reflect Intelsat's
intentions, plans, expectations, assumptions and beliefs about future events
and are subject to risks, uncertainties and other factors, many of which are
outside of Intelsat's control. Known risks include, among others, the risks
included in Intelsat’s annual report on Form 10-K for the year ended December
31, 2011 and its other filings with the U.S. Securities and Exchange
Commission, the political, economic and legal conditions in the markets we are
targeting for communications services or in which we operate and other risks
and uncertainties inherent in the telecommunications business in general and
the satellite communications business in particular. Because actual results
could differ materially from Intelsat's intentions, plans, expectations,
assumptions and beliefs about the future, you are urged to view all
forward-looking statements contained in this news release with caution.
Intelsat does not undertake any obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
Vice President, Investor Relations and Communications
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