David Coriat appointed nominee for Slaight Communications
TORONTO, Jan. 25, 2013 /CNW/ - Sirius XM Canada Holdings Inc. ("SiriusXM Canada" or the "Company") (TSX: XSR), parent of Sirius XM Canada Inc., today announced that Mr. David Coriat has been appointed to the Company's Board of Directors. Mr. Coriat will serve as Slaight Communications Inc.'s nominee to the Board of Directors, replacing Mr. Gary Slaight.
"We are pleased to welcome David to our board," said John Bitove, Chairman, SiriusXM Canada." His extensive experience as a senior broadcast industry executive and financial background will add significant value to our Board."
"On behalf of the Board and management team, I would like to extend our sincere thanks to Gary for his vision and leadership over the years and for the important role that he played in bringing satellite radio to Canada," continued Mr. Bitove. "Gary's insight and leadership has not only contributed to the success of SiriusXM Canada but to the entire Canadian broadcasting and music industry. We wish Gary all the best."
Mr. Coriat currently serves as Executive Vice-President, Chief Financial Officer and Director of Slaight Communications Inc. and was previously Executive Vice-President, Chief Financial Officer and Director of Standard Broadcasting Corporation Limited. Mr. Coriat also served on the Board of Sirius Canada Inc. from its launch until the merger with XM Canada. Mr. Coriat has been a Canadian Chartered Accountant since 1976 and holds a Bachelor of Commerce Degree from the University of Toronto.
About SiriusXM Canada
Sirius XM Canada 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.siriusxm.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 Canada
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