Sirius XM Canada Holdings Inc., 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.