DIRECTV Names Fazal Merchant Senior Vice President and Treasurer
July 27 2012 - 1:25PM
Business Wire
DIRECTV announced today that Fazal Merchant, former managing
director at the Royal Bank of Scotland, has been named senior vice
president and treasurer, reporting to Pat Doyle, executive vice
president and Chief Financial Officer, for DIRECTV.
Fazal Merchant, SVP & Treasurer,
DIRECTV (Photo: Business Wire)
In his new role, Merchant will be responsible for developing and
leading the Treasury to drive value creation across the company,
and will also oversee capital structure planning, business
development, corporate and subsidiary financings, and other aspects
of risk management.
“Fazal’s breadth of experience and success in collaborating and
leading teams makes him a great addition to DIRECTV,” said
Doyle.
“I’m excited about the opportunity to be part of such an
outstanding, high-performing organization. Pat leads a very
talented finance team and they have played an important role in the
success of DIRECTV. I’m looking forward to being part of that
team and to help continue driving value for the company’s
stakeholders and customers alike,” said Merchant.
In his previous position, Merchant served as managing director
and group head. Prior to that, he spent seven years advising
clients on strategy, financing, and risk solutions in the
Investment Banking Division at Barclays Capital as managing
director. He also spent nine years at Ford Motor Company in various
treasury and finance management positions across functions in the
U.S. and Europe.
Merchant holds a degree in Finance from the University of Texas
and an MBA from Indiana University.
About DIRECTV:
DIRECTV (NASDAQ: DTV) is one of the world’s leading providers of
digital television entertainment services delivering a premium
video experience through state-of-the-art technology, unmatched
programming and industry leading customer service to 33 million
customers in the U.S. and Latin America. In the U.S., DIRECTV
offers its 19.9 million customers access to more than 170 HD
channels and Dolby-Digital® 5.1 theater-quality sound, access to
exclusive sports programming such as NFL SUNDAY TICKET™, Emmy-award
winning technology and higher customer satisfaction than the
leading cable companies for 11 years running. DIRECTV Latin
America, through its subsidiaries and affiliated companies in
Brazil, Mexico, Argentina, Venezuela, Colombia, and other Latin
American countries, leads the pay-TV category in technology,
programming and service, delivering an unrivaled digital television
experience to 12 million customers. DIRECTV sports and
entertainment properties include three Regional Sports Networks
(Northwest, Rocky Mountain and Pittsburgh) as well as a 60 percent
interest in Game Show Network. For the most up-to-date information
on DIRECTV, please visit www.directv.com.
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