TORONTO, Nov. 15 /CNW/ - Canadian Satellite Radio Holdings Inc. ("CSR")
(TSX:XSR), operator of XM Canada, today announced the appointment of Michael
Moskowitz as the company's new Chief Executive Officer and President,
effective January 1, 2008. Chairman (and former CEO) John Bitove will continue
his leadership role with the new title of Executive Chairman of Canadian
Satellite Radio Holdings Inc.
"We are very pleased to announce Michael Moskowitz as the new Chief
Executive Officer for XM Canada and are confident that his background will
result in a positive benefit to our shareholders," said Bitove. "After an
extensive search, we felt Michael was the best fit due to his outstanding
leadership in the Canadian communications technology industry. He has a strong
background in management, particularly operations, marketing, sales,
distribution and finance. Michael is perfect for XM Canada today."
Michael Moskowitz is former President, Americas International of Palm,
Inc., which encompasses Canada, Latin America and the Caribbean. Prior to
Palm, he worked at several leading global consumer electronics product
companies. Michael was a Top 40 Under 40 award recipient in 2004 and holds an
honours degree from York University and an MBA from Dalhousie University.
"I am really excited to join Canada's number one satellite radio company
at a key stage in its development," said Moskowitz. "I look forward to working
with the team to achieve our goal of having one million subscribers in 2010."
XM Canada also announced today that Donald McKenzie, who has served as
acting President and COO since June, will return to his position as XM
Canada's Senior Vice President of Sales & Marketing. "I would like to thank
Donald for his contributions over the past six months as we moved forward to
the next stage of development as Canada's premium digital audio entertainment
and information company," said Bitove.
About Canadian Satellite Radio Holdings Inc.
Canadian Satellite Radio Holdings Inc. (TSX: XSR) operates as XM
Canada(TM) and is Canada's premium digital audio entertainment and information
company with the best signal coverage across the country.
XM Canada offers listeners the most unique Canadian and international
programming including exclusive satellite radio coverage of EVERY NHL(TM)
GAME, as well as PGA TOUR(TM) and Major League Baseball(TM), the deepest
playlist, and news, talk, sports, entertainment and children's content. Acura,
Buick, Cadillac, Chevrolet, General Motors, GMC, Harley Davidson, Honda,
Hummer, Hyundai, Infiniti, Lexus, Nissan, Pontiac, Toyota, Saab, Saturn,
Suzuki and Subaru will offer XM radios in more than 150 different vehicles for
model year 2008.
XM Satellite Radio Inc. is the number one satellite radio company in
North America with more than 8 million subscribers. In Canada, XM is offered
on TELUS Mobile Radio(TM) and Rogers Communications wireless, cable and
Internet platforms and is also the exclusive music channel provider on Air
Canada's flights and is available in select Avis Budget Group rental vehicles.
A free three-day trial of XM Radio Online is available at
http://listen.xmradio.ca. Visit www.xmradio.ca for programming and
To find out more about Canadian Satellite Radio Inc. (TSX: XSR), visit
our website at www.cdnsatrad.com.
For further information:
For further information: Investors: (416) 408-6899,
firstname.lastname@example.org; Media: (416) 203-6666, email@example.com