New top executive for Inmarsat – Fishupdate.com

New top executive for Inmarsat Published:  04 August, 2004

Inmarsat, the Total Communications Network via satellite, has announced that Rick Medlock will join as a director and Chief Financial Officer with effect from 27 September 2004.

Mr Medlock will join the company from NDS Group plc where he has been Chief Financial Officer and Company Secretary for the last 8 years, according to a company statement. NDS is the leading provider of technology solutions to the pay -TV market and is listed on the NASDAQ and EURONEXT exchanges.

Mr Medlock had previously served as Chief Financial Officer at a number of private-equity backed technology companies in the UK and the US. He is currently a non-executive director of Mondiale Publishing Limited.

Andrew Sukawaty, Inmarsat’s Chairman and Chief Executive Officer said, “Rick Medlock will be joining the company at an exciting stage in its development. He has broad ranging experience in both the debt and equity markets as well as operationally in technology businesses. We welcome him to Inmarsat.”

Rick Medlock commented “Inmarsat has a tremendous reputation for its services and business performance and I am looking forward to being able to contribute to its future success. I believe that my technology industry experience and operating exposure with private equity firms will be particularly relevant.”