Daniel
Jablonsky, President of DigitalGlobe, named as CEO
WESTMINSTER, Colo.,
Jan. 14, 2019 /CNW/ -- Maxar
Technologies (NYSE:MAXR) (TSX:MAXR) ("Maxar" or the "Company"), a
global technology innovator powering the new space economy, today
announced the appointment of Daniel
Jablonsky as President and Chief Executive Officer of Maxar,
effective immediately. Mr. Jablonsky, who most recently served as
President of DigitalGlobe, a Maxar Technologies company, will also
join the Maxar Board of Directors. He succeeds Howard Lance, who has resigned from his roles as
President and Chief Executive Officer and as a Director of
Maxar.
General Howell M. Estes III, Chairman of the Maxar Board, said,
"Dan has been a key member of the management team since his arrival
to DigitalGlobe in 2012 and has taken on increased responsibilities
following the closing of the Company's merger. Dan's experience as
President of DigitalGlobe, after previously serving as both General
Counsel and General Manager of the U.S. and International Defense
and Intelligence businesses, and participation in Maxar's executive
leadership, provides him with a deep understanding of Maxar's
businesses, operations and strategy. He has worked closely with
many of our largest customers, including the U.S. Government, and
has a unique appreciation for the value of our mission-critical
services as a former Surface Warfare Officer and Nuclear Engineer
in the U.S. Navy. Dan is the right
leader for Maxar and now is the right time for this transition as
we work to unlock the value of our operations for all stakeholders
and maximize returns for our shareholders."
Mr. Jablonsky said, "I am honored that the Board has appointed
me to lead Maxar at this important time. Our top priority is to
serve our government and commercial partners and strengthen our
operational and financial performance, including delivering
sustainable revenue and cash flows, determining a definitive
resolution for the GEO communications satellite line of business,
and clarifying longer-term growth prospects, required investments
and the optimal capital structure. Maxar has a strong foundation
and delivers compelling solutions to serve as a mission-critical
partner to our customers. Along with our management team and
dedicated team members, I am committed to the future of Maxar
and meeting the needs and expectations of all of our stakeholders.
We are already working on action plans and will address these plans
in the near future."
General Estes continued, "On behalf of the Board, I want to
thank Howard for his service over the last three years. One of
Howard's most important accomplishments was the U.S. Domestication
and development of a strong and highly-experienced management team,
and the Board is confident that this team, under Dan's leadership,
will continue serving customers and enhance value for
shareholders."
About Daniel Jablonsky
Daniel Jablonsky has served as
President of DigitalGlobe, the global leader in commercial
high-resolution satellite imagery, since October 2017 when it was acquired by Maxar
Technologies. Under his leadership, DigitalGlobe's IDI and Commercial business
increased revenue by more than 10% in 2018. Mr. Jablonsky
previously served as General Manager of the U.S. and International
Defense and Intelligence businesses at DigitalGlobe, while also
serving as Senior Vice President and General Counsel. Since
2015, Mr. Jablonsky has also served on the Board of Vricon,
DigitalGlobe's joint venture with SAAB, which creates innovative 3D
solutions. Prior to joining DigitalGlobe in 2012, Mr. Jablonsky was
a partner at Brownstein, Hyatt, Farber, Schreck, and before that,
served as Corporate Counsel at Flextronics International LTD, a
global multibillion-dollar technology supply chain company. He also
worked as an attorney in the Division of Enforcement at the SEC and
at the law firm of O'Melveny and Myers. Mr. Jablonsky holds a
Bachelor of Science in Mechanical Engineering from the U.S. Naval Academy and a Juris Doctor from the
University of Washington School of Law.
Mr. Jablonsky began his professional career as a Surface Warfare
Officer and Nuclear Engineer in the U.S. Navy.
About Maxar Technologies
As a global leader of
advanced space technology solutions, Maxar Technologies is at the
nexus of the new space economy, developing and sustaining the
infrastructure and delivering the information, services, systems
that unlock the promise of space for commercial and government
markets. As a trusted partner, Maxar Technologies provides
vertically integrated capabilities and expertise including
satellites, Earth imagery, robotics, geospatial data and analytics
to help customers anticipate and address their most complex
mission-critical challenges with confidence. With more than 6,500
employees in over 30 global locations, the Maxar Technologies
portfolio of commercial space brands includes MDA, SSL,
DigitalGlobe and Radiant Solutions. Every day, billions of people
rely on Maxar to communicate, share information and data, and
deliver insights that Build a Better World. Maxar trades on the New
York Stock Exchange and Toronto Stock Exchange as MAXR. For more
information, visit http://www.maxar.com.
Forward-Looking Statements
Certain statements and
other information included in this release constitute
"forward-looking information" or "forward-looking statements"
(collectively, "forward-looking statements") under applicable
securities laws. Statements including words such as "may", "will",
"could", "should", "would", "plan", "potential", "intend",
"anticipate", "believe", "estimate" or "expect" and other words,
terms and phrases of similar meaning are often intended to identify
forward-looking statements, although not all forward-looking
statements contain these identifying words. Forward-looking
statements involve estimates, expectations, projections, goals,
forecasts, assumptions, risks and uncertainties, as well as other
statements referring to or including forward-looking information
included in this presentation.
Forward-looking statements are subject to various risks and
uncertainties which could cause actual results to differ materially
from the anticipated results or expectations expressed in this
presentation. As a result, although management of the Company
believes that the expectations and assumptions on which such
forward-looking statements are based are reasonable, undue reliance
should not be placed on the forward-looking statements because the
Company can give no assurance that they will prove to be correct.
The risks that could cause actual results to differ materially from
current expectations include, but are not limited to, the risk
factors and other disclosures about the Company and its business
included in the Company's continuous disclosure materials filed
from time to time with Canadian and U.S. securities regulatory
authorities, which are available online under the Company's EDGAR
profile at www.sec.gov, under the Company's SEDAR profile at
www.sedar.com or on the Company's website at www.maxar.com.
The forward-looking statements contained in this release are
expressly qualified in their entirety by the foregoing cautionary
statements. All such forward-looking statements are based upon data
available as of the date of this presentation or other specified
date and speak only as of such date. The Company disclaims any
intention or obligation to update or revise any forward-looking
statements in this presentation as a result of new information or
future events, except as may be required under applicable
securities legislation.
Investor Relations Contact:
Jason Gursky
Maxar VP Investor Relations
1-303-684-2207
jason.gursky@maxar.com
Media Contact:
Turner
Brinton
Maxar Media Relations
1-303-684-4545
turner.brinton@maxar.com
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SOURCE Maxar Technologies