MTN appoints new President and Chief Executive Officer

MTN Satellite Communications (MTN) has announced that its Board of Directors has appointed Errol Olivier to the position of President and Chief Executive Officer (CEO). Mr. Olivier most recently served as the company’s President and Chief Operating Officer (COO).

Mr. Olivier has over 25 years of experience in the telecommunications industry. Prior to joining MTN, he served as President and CEO of Broadpoint and President and COO of CapRock Communications. He is also recognized for pioneering the first commercial multi-tenant satellite telecommunication strategy for the oil and gas industry in the Gulf which revolutionized the way Very Small Aperture Terminal (VSAT) services were delivered to the offshore energy market.

In addition to Mr. Olivier’s appointment, Joe Wright, who served as MTN’s Chairman of the Board of Directors, is now Executive Chairman of the Board of Directors. Mr. Wright is currently a Senior Advisor at Providence Equity Partners and Chart Capital Partners. He was previously Chairman of Intelsat, a provider of satellite and fiber services, and CEO of PanAmSat. Mr. Wright has an extensive government services background and served as Director of the Office of Management and Budget (OMB) in the White House under President Ronald Reagan.

While witnessing the tremendous growth by way of consolidation in the VSAT industry over the past year, MTN chose to remain focused on delivering service and innovative solutions to key markets,” said Wright. “As we look at 2012, Errol’s background and leadership will continue the momentum of maintaining and growing MTN’s leadership position as one of the strongest VSAT operators in the world and, at the same time, further diversifying the markets served through strategic initiatives. The focus will remain on innovative solutions for delivering telecommunications technology and solutions to a growing customer base and their passengers and crew as well as expanding our footprint globally in existing and new markets.”

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