Telesat Corporation announced the appointment of Ralph (Cody) Kittle to its Board of Directors. Mr. Kittle, a nominee of MHR Fund Management LLC, succeeds Michael Targoff, who served on the board for nearly 19 years. Mr. Kittle is the Founder and CEO of RenWave Kore, a private equity firm with more than $1.5 billion in assets under management, and previously served as a Portfolio Manager at Elliott Management. He currently serves on the board of Freddie Mac, where he chairs the Audit Committee. Telesat Board Chair Mark Rachesky expressed gratitude for Mr. Targoff's long service and welcomed Mr. Kittle's investment management and board experience.
Telesat CorpAppointment of a new board member with investment management expertise, potentially beneficial for governance and strategic direction.
Freddie Mac