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Michael Schwartz Rejoining Telesat as Senior VP, Corporate & Business Development

OTTAWA, CANADA, November 30, 2015 – Telesat, a leading global satellite operator, announced today that Michael Schwartz has rejoined the company as Telesat’s new Senior Vice President, Corporate & Business Development. Mr. Schwartz will be based in Ottawa and report to Telesat’s President and CEO, Dan Goldberg. He will also serve on the company’s executive committee.

Mr. Schwartz was Telesat’s Vice President, Marketing, Corporate Development & Regulatory from 2007 to 2012. He left Telesat to join Sprint Corp. in the role of Senior Vice President, Corporate Strategy and Development, a position from which he resigned earlier this month. Prior to Sprint and Telesat, Mr. Schwartz held senior positions at SES New Skies and AT&T Wireless as well as other companies in the wireless and internet industries.

“I am very pleased that Michael is rejoining the Telesat team,” said Dan Goldberg, Telesat’s President and CEO. “Michael’s deep experience in the satellite and terrestrial wireless fields will be of immense value as we continue to grow our business and bring value enhancing, innovative service offerings to the satellite user community.” 

“I am excited to be returning to Telesat and renewing ties with close friends and colleagues throughout the industry,” said Michael Schwartz. “The Telesat team has a well deserved reputation for technical excellence and world leading customer service. I am eager to work with my colleagues here and with Telesat’s many partners and customers throughout the industry to build on the company’s strong track record of success.” 

About Telesat (www.telesat.com)

Telesat is a leading global satellite operator, providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecom, corporate and government customers. Headquartered in Ottawa, Canada, with offices and facilities around the world, the Company’s state-of-the-art fleet consists of 15 satellites, including the newly launched Telstar 12 VANTAGE, plus the Canadian payload on ViaSat-1 with a new satellite under construction. Telesat also manages the operations of additional satellites for third parties. Privately held, Telesat’s principal shareholders are Canada’s Public Sector Pension Investment Board and Loral Space & Communications Inc. (NASDAQ: LORL).

For further information:                                                                       

Gerry Nagler, Telesat +1 908 470-4907 (gnagler@telesat.com)

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