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Intelsat Appoints Jeffrey P. Freimark as Chief Financial Officer

21 марта 2006
Intelsat, Ltd. announced that Jeffrey P. Freimark has been appointed Executive Vice President and Chief Financial Officer, effective on the resignation of Robert Medlin. Mr. Medlin has been serving as Acting Chief Financial Officer of Intelsat since June 2005, and is expected to resign his post in April 2006. Intelsat Chief Executive Officer Dave McGlade commented, "Jeff’s experience in working with the capital markets and building strong finance and accounting teams will be very valuable as Intelsat completes the PanAmSat merger. Including his work on integrations, Jeff has successfully implemented significant cost reduction and process improvement programs, demonstrating his strong abilities and effectiveness in driving company value. We know that he will be a major contributor at Intelsat." Biographic note

Mr. Freimark, who holds an MBA in accounting and taxation from the Stern School of Business at New York University and a JD degree from New York Law School, is a Certified Public Accountant and a member of the New Jersey Bar.

Mr. Freimark resigned on March 15th as executive vice president, chief financial and information officer of Beverly Enterprises Inc. Prior to his role at Beverly, Mr. Freimark held officer-level positions at a number of public companies, including serving as chief financial officer of OfficeMax Inc., chief executive officer, president, and chief financial officer for Grand Union Company, and chief financial officer of Pueblo International, Inc.


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