[SatNews] Norsat International Inc. (“Norsat”) (TSX: NII and NYSE MKT: NSAT), a provider of communication solutions that enable the transmission of data, audio and video for remote and challenging applications, announces it has appointed Peter Ciceri to the Board of Directors. Shannon Susko, who having served the Board since 2014, has stepped down to focus full time on a new venture.
A successful CEO, corporate director, and international executive, Peter is currently Chairman of Archipelago Marine Services and a corporate director of Terapeak Data Inc. Ciceri’s executive experience includes President & CEO of Custom House Global Payments which was successfully sold to Western Union for a 4X shareholder return and President & Managing Director of Compaq Canada where he managed the merger and integration of Digital Equipment, Tandem, and Compaq into a single $1.7B company. Ciceri is a member of the Institute of Corporate Directors and his other corporate board experience includes Lead Director and Chairman of Sierra Wireless Inc., MDSI Moblie Data Solutions as well as the University of Victoria Board of Governors. Ciceri has also served as a member of British Columbia’s Premier’s Technology Council.
“On behalf of the Board, I would like to welcome Peter to the Norsat team,” said Mr. Fabio Doninelli, Norsat’s Chairman. “Peter brings to the Board a broad experience across several industries and hands on expertise with mergers and acquisitions which will add a valuable perspective to our Board of Directors.” Mr. Doninelli continued, “We would also like to thank Shannon for her contributions to the Company over the past year and wish her well in her future endeavours.”