Television

Intelsat gets new executive team on board post PanAmSat acquisition

MUMBAI: Post the acquisition of PanAmSat Holding Corporation, Intelsat, Ltd has brought on a new executive team.

At the time that the acquisition was announced, in August 2005, the companies stated that Intelsat CEO David McGlade would be the CEO of the company, and that PanAmSat CEO Joe Wright would be chairman of Intelsat’s board, after the transaction closes.

McGlade said today that he intends to appoint PanAmSat COO James Frownfelter as the COO of Intelsat upon the closing.

Frownfelter will replace current Intelsat COO Ramu Potarazu and Intelsat Global Service Corporation president Kevin Mulloy, who have submitted their resignations from Intelsat, effective 9 February and 27 January, 2006, respectively.

As Intelsat COO, Frownfelter will have responsibility for sales and marketing functions, engineering and operations, and major program procurement. During his tenure at PanAmSat, he directed 16 successful satellite launches and instituted a renewed focus on core competencies, resulting in significant improvement in PanAmSat’s network reliability.

Since becoming an officer of the company in 2001, Frownfelter has led the transformation of PanAmSat from a satellite operator to a well-managed, higher quality, and more profitable communications company with expanded services for global distribution applications.

McGlade also announced that Phillip Spector will continue in his current role as Intelsat general counsel following the closing of the PanAmSat acquisition. He will retain responsibility for all legal and regulatory matters, as well as human resources, facilities, and security.

Spector joined Intelsat in February 2005 from the international law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP, where he was managing partner of the Washington office and chairman of the firm’s communications and technology group.

McGlade said, "The combination of Intelsat and PanAmSat will result in a premier satellite company that will be a leader in the delivery of video content, the transmission of corporate data and the provisioning of government communications solutions. Jim Frownfelter and Phil Spector have between them many decades of experience in the satellite sector, and they both have strong records of success. These appointments are the first phase in assembling a new team and signal our clear intention to take the company to the next level in terms of customer service and operational excellence."

"At the same time, I would like to thank Ramu Potarazu for his significant contributions to Intelsat and the satellite industry over the past two decades, including his leadership roles in Intelsat’s 2001 privatisation, the acquisitions of Comsat General and Intelsat Americas assets, the sale of Intelsat to our current owners in 2005, and most recently the PanAmSat transaction. Kevin Mulloy also contributed greatly to Intelsat’s success, including the development of Intelsat’s post-privatization strategy and the technical integration of the Intelsat Americas fleet. We wish them every success in their future endeavors," he added.

Acting Intelsat chief financial officer Robert Medlin will continue in that role at Intelsat until a permanent CFO is named. Current PanAmSat general counsel James Cuminale and chief financial officer Michael Inglese will stay with PanAmSat until the transaction closes.

PanAmSat CEO Joe Wright said, "I would like to congratulate Jim Frownfelter on his future role at Intelsat and feel very confident that he will have the same level of success in transforming and integrating the new company as he did at PanAmSat. While we will miss Jim Cuminale and Mike Inglese, we greatly appreciate the extraordinary roles they have played in building PanAmSat into the company it is today. Jim Cuminale was here from the creation of PanAmSat and has been a key architect of almost every major event that has occurred at this company. Mike Inglese oversaw internal and external financial transactions that were, in many cases, firsts for our industry."

On 29 August, 2005, Intelsat and PanAmSat announced that the two companies signed a definitive merger agreement under which Intelsat will acquire PanAmSat for $25 per share in cash, or $3.2 billion. The transaction is currently expected to close in the second or third quarter of 2006.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/mix%20%281%29.jpg?itok=RadP7NjK
Sony Mix's 'Media Ke Surtaj' season 2 ends amid fanfare

The Grand Finale of the second season of ‘Media Ke Surtaj’ was held on Friday at Bungalow 9 in Mumbai. Organized by SPN’s music cluster channels, Sony MIX and Sony Rox HD and hosted by RJ Salil.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/cnn%20%281%29.jpg?itok=fKi-fUKD
CNN-News18 revamp part two: 'India 360' & 'The Crux' launched

With an aim to provide differentiated content to viewers, CNN-News18 recently initiated a revamp of its primetime with the launch of new shows - Face-Off At 9 at 9 PM and Viewpoint at 10 PM. Continuing with this process, the channel will unveil two more shows starting tonight at 8 PM with India...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/cr%20%281%29.jpg?itok=63uALTqU
'Cristiano Ronaldo' & 'Sleeping Giant' to be premiered on Discovery

MUMBAI: Discovery is set to excite the audience in India by bringing the amazing stories of footballing legends to viewer’s screens across India. Cristiano Ronaldo - The world at his feet and Sleeping Giant – An Indian football story are the two movies Discovery will premiere under its recently...

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/brai%20%281%29.jpg?itok=Z-gKCljn
Tata Comm building global cloud-based media platform for VICE Media

MUMBAI: Tata Communications is building a global cloud-based media platform for VICE Media to enable the company’s producers and editors around the world to collaborate as if they were together in the same location. This represents a major shift in how VICE Media’s 5,000 employees work together....

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/GRB.jpg?itok=8aaGUN1Y
GRB brings Disney docu to UK & Japan, slate of docus to Germany

MUMBAI: GRB Entertainment has announced the sale of several of its top-selling docs to broadcasters in the UK, Germany, and Japan.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/Ekta%20Kapoor.jpg?itok=6xz7ukkM
Balaji seeks shareholder nod for consolidation of prod biz

BENGALURU: In September last year, the Balaji Telefilms Limited (BTL) board had approved the demerger of the film production business of Balaji Motion Pictures Limited (BMPL) and merger of Bolt Media Limited (Bolt) with the company. Both the companies are wholly owned subsidiaries of BTL. With...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/24/IPL.jpg?itok=auSlXz26
IPL 10 ramps up Sony channels ratings to numero uno position

BENGALURU: IPL 10 commenced on 5 April 2017. Just three days of the tenth season of the Indian Premier League cricket had catapulted Sony Pictures Networks India Private Limited (SPN) Hindi Movies channel Sony max to numero uno postion in the Hindi Movies genre for week 14 of 2017 (Broadcast...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/22/Julia-Phelps.jpg?itok=E9GpScQg
Viacom names Julia Phelps as SVP comm & culture

Viacom Inc. has announced that Julia Phelps has been promoted to Senior Vice President, Communications & Culture. In the newly created role, Phelps will serve on the company’s senior executive team and lead corporate communications, corporate marketing and culture. Most recently, Phelps led...

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/22/Banatwalla-Shah-Hota_0.jpg?itok=39m1PqgF
Star World: Banatwalla, Shah, Hota & Prasad to battle it out in 'Game of Thrones' debate

MUMBAI: With season 7 set to launch soon, Game of Thrones fever has gripped the world yet again with fans speculating to see who will win the Iron Throne and who will die trying. Adding to this electrifying atmosphere, the country’s leading English entertainment channel, Star World will be hosting...

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories