SiriusXM Canada Announces Changes to Board of Directors
Suzanne Morris, CBC/Radio-Canada's Vice-President and Chief Financial Officer, is appointed to the Board
TORONTO, Nov. 12, 2012 /CNW/ - Canadian Satellite Radio Holdings Inc. ("SiriusXM Canada" or the "Company") (TSX: XSR), parent of SiriusXM Canada Inc., announced that Ms. Suzanne Morris has been appointed to the Company's Board of Directors. Ms. Morris has replaced Mr. Michel Tremblay as CBC/Radio-Canada's nominee to the SiriusXM Canada's Board of Directors, following Mr. Tremblay's resignation from his position as Director.
"We are very pleased to have Suzanne join our Board," said Mr. John Bitove, Chairman of SiriusXM Canada. "Her financial acumen and knowledge of the broadcast industry will be excellent assets as we continue to drive the business forward and work to deliver further growth. On behalf of the Board, I would like to thank Michel for his contribution to the SiriusXM Canada Board and for the significant role that he played in bringing satellite radio to Canada seven years ago. We wish Michel all the best."
Ms. Morris is currently serving as CBC/Radio-Canada's Vice-President and Chief Financial Officer. Before becoming a member of CBC/Radio-Canada's Senior Executive Team, Ms. Morris was Secretary/Treasurer to the CBC Pension Board of Trustees. Prior to that, Ms. Morris was Vice-President, Small Business Financial Services, at Export Development Canada. She has also held senior positions in risk management and internal audit for EDC, as well as Deloitte. Ms. Morris earned her Bachelor of Commerce degree with Honours from the University of Ottawa and holds a Chartered Accountant designation. Ms. Morris serves on the Advisory Committee to the Dean of the Carleton University Sprott School of Business. A past Board member of the Forum for International Trade Training, she is an active member of the Financial Executives Institute and the Association of Financial Professionals. In 2011, Ms. Morris was appointed a member of the Board of Governors of the University of Ottawa.
About SiriusXM Canada
Canadian Satellite Radio Holdings Inc. (TSX: XSR) operates as SiriusXM Canada. SiriusXM Canada is the country's leading audio entertainment company and broadcasts more than 120 satellite radio channels featuring premier sports, news, talk, entertainment and commercial-free music. SiriusXM Canada offers an array of content from the most recognized news and entertainment brands as well as from professional sports leagues including the NHL, NFL, MLB and CFL.
SiriusXM programming is available on a variety of devices including pre-installed and after-market radios in cars, trucks and boats, smartphones and mobile devices, and consumer electronics products for homes and offices. SiriusXM programming is also available online at www.sirius.ca and www.xmradio.ca and on Apple, BlackBerry and Android-powered mobile devices.
SiriusXM Canada has partnerships with every major automaker and its radio products are available at more than 3,000 retail locations nationwide. To find out more about SiriusXM Canada (TSX: XSR), visit our website at www.siriusxm.ca
Certain statements included above may be forward-looking in nature. Such statements can be identified by the use of forward-looking terminology such as "expects," "may," "will," "should," "intend," "plan," or "anticipates" or the negative thereof or comparable terminology, or by discussions of strategy. Forward-looking statements include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance or other statements that are not statements of fact, including with respect to future operating performance and merger benefits and costs synergies. Although SiriusXM Canada believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. SiriusXM Canada's forward-looking statements are expressly qualified in their entirety by this cautionary statement. SiriusXM Canada makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made, except as required by applicable law. Additional information identifying risks and uncertainties is contained in Canadian Satellite Radio Holdings Inc.'s filings with the Canadian securities regulators, available at www.sedar.com.
SOURCE: SiriusXM CanadaFor further information:
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