(3 April 2010 3:40 pm)

MUMBAI: Asiasat has announced that Peter Jackson will retire as CEO on 31 July. He will be appointed as executive chairman on 1 August and remain as executive director
until 31 July 2011.

Wade, deputy CEO and executive director since 1996, will be appointed by the board to succeed Jackson as CEO with effect from 1 August. He has over 25 years of experience in the satellite and cable television industry.

Asiasat chairman Sherwood P Dodge said, "On behalf of the Board of Directors, I would like to express my sincere gratitude to Jackson for his many years of exceptional service. AsiaSat’s strong reputation in the industry and its bright future are a credit to his leadership and his vision. We look forward to his continued contributions as Asiasat’s executive chairman."