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PanAmSat Appoints New Members to Its Board of Directors

 

Wilton, Conn./February 11,  2004/Satnews/  PanAmSat Corporation (NASDAQ:SPOT) today announced that Chase Carey, president and chief executive officer of Hughes Electronics Corporation, has been appointed to serve as chairman of the board of PanAmSat. Mr. Carey succeeds Jack Shaw who retired as president and chief executive officer of Hughes with the completion of the News Corporation's acquisition of 34 percent of Hughes common stock last December.

Previously, Carey was co-chief operating officer of News Corporation and President and chief executive officer of Sky Global Networks until his resignation in January 2002. He also served as chairman and chief executive officer of the Fox Television Group until 2001. He continued as a member of the Board of Directors of News Corp. and as a consultant to the company.

In addition, PanAmSat also announced the appointment of Bruce Churchill and Patrick Doyle to its Board of Directors. Churchill was recently appointed chief financial officer of Hughes where he is responsible for the Company's overall financial operations, as well as overseeing the operations of DIRECTV Latin America. Prior to joining Hughes, he served as president and chief operating officer of STAR, News Corporation's Asian satellite television and multi-media service.

Doyle, who has been with Hughes since 1992, was recently promoted to senior vice president, controller, treasurer and chief accounting officer of the company. PanAmSat's board also includes Joseph R. Wright, Jr., president and chief executive officer, PanAmSat Corporation; Patrick J. Costello, chief financial officer, Northway Management Company, LLC; Eddy W. Hartenstein, vice chairman of Hughes; Dennis Hightower, former chief executive officer of Europe Online Network S.A.; James M. Hoak, chairman, Hoak Capital Corporation; Larry D. Hunter, corporate executive vice president and general counsel, Hughes; and Stephen R. Kahn, Managing Director, Advent International Corporation.

 


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