From: Maxar Technologies
Posted: Thursday, December 13, 2018
Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a global technology innovator powering the new space economy, today announced that the Maxar Board of Directors has elected retired U.S. Air Force Gen. Howell M. Estes III as Chair, effective January 1, 2019, coincident with the Company's planned U.S. domestication. Estes, who has served as a director of the Maxar Board since the Company's acquisition of DigitalGlobe, succeeds Robert L. Phillips, who will continue to serve as a director of the Company.
"Howell's wealth of experience in service to the U.S. Government and his previous role as Chair of DigitalGlobe's Board make him the ideal choice to provide oversight and guidance for Maxar's next phase," said Maxar CEO Howard Lance.
"We are also very pleased that Bob Phillips will continue to serve on our Board. Bob provided more than a decade of invaluable service as a member of MacDonald, Dettwiler and Associates' Board of Directors and played a key role in the establishment of Maxar."
"I am honored to be elected as Chair of the Maxar Technolgoies Board of Directors," said Gen. Estes. "Maxar is a trusted partner to government and commercial customers around the world, and I look forward to guiding the Board as the Company moves forward and leverages its unique capabilities for growth."
Maxar has received all necessary approvals to complete its U.S. domestication to change the ultimate parent company of Maxar to become an entity incorporated under the laws of the State of Delaware in the United States of America. The U.S. domestication was overwhelmingly approved by Maxar shareholders at a special meeting held on November 16, 2018, and the Supreme Court of British Columbia approved the plan of arrangement on November 20, 2018, as subsequently amended and approved on December 6, 2018. Maxar anticipates that the U.S. domestication will be completed on or about January 1, 2019.
About Gen. Howell Estes
Howell Estes, of Colorado Springs, CO, has been director since October 5, 2017, previously Chair of the Board of DigitalGlobe from February 2011 and director from May 14, 2007. General Estes is the President of Howell Estes & Associates, Inc., a consulting firm, since 1998. Gen. Estes serves on the Board of Directors of Analytical Graphics, Inc., a software development company focused on air, land, sea and space support for commercial and government customers. From 1965 to 1998, he served in the U.S. Air Force. At the time of his retirement from the Air Force, he was Commander-in-Chief of the North American Aerospace Defense Command and the United States Space Command and also Commander of the Air Force Space Command. In addition to a Bachelor of Science Degree from the Air Force Academy, he holds a Master of Arts Degree in Public Administration from Auburn University and is a graduate of the Program for Senior Managers in Government at Harvard's JFK School of Government.
About Maxar Technologies
As a global leader of advanced space technology solutions, Maxar Technologies (formerly MacDonald, Dettwiler and Associates) 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 Toronto Stock Exchange and New York Stock Exchange as MAXR. For more information, visit www.maxar.com.
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