DIRECTV Appoints Derek Chang Senior Vice President of Strategy and Development.EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif. -- DIRECTV, Inc., the nation's leading digital television service provider, announced today that Derek Chang has been named senior vice president, Strategy and Development, DIRECTV Entertainment Group. Chang will report to David Hill, president of DIRECTV Entertainment, and will also work closely with Chase Carey, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DIRECTV, Inc. Chang joins the company today and will be responsible for developing new strategic areas of business for DIRECTV. "I am excited to welcome Derek to our senior leadership team, he brings to bear a vast array of experience on both the content and distribution sides of our business," said Hill. "His fresh perspective and unique expertise will be invaluable as we expand our leadership position in the development of original content and leading technology." "DIRECTV continues to pioneer the pay TV satellite industry," said Chang. "I look forward to even further extending that leadership position by delivering unrivaled entertainment and technology products to our growing customer base." Chang joins DIRECTV from Charter Communications where he served as executive vice president, Finance and Strategy, beginning in December 2003, and as interim Co-CFO beginning September 2004. While at Charter, Chang oversaw all balance sheet, mergers and acquisitions, and corporate strategic activities for the company. Prior to this, Chang served as a member of the Yankees Entertainment & Sports Network's (YES Network) original senior management team starting in September 2001. As EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition of Development for the YES Network, Chang was responsible for overseeing finance and corporate development, as well as managing team and investor relationships. Before joining the YES Network, Chang was the CFO See Chief Financial Officer. and Co-COO at GlobalCenter, a web hosting subsidiary of Global Crossing in 2000, and executive vice president of Corporate Development for TCI (Trustworthy Computing Initiative) An umbrella term from Microsoft for its efforts to improve security in Windows. TCI was announced in 2002 after viruses such as Code Red and Nimda had succeeded in attacking numerous Windows computers. Communications/AT&T Broadband starting in 1997. Chang holds a Masters of Business Administration from Stanford University and a Bachelor of Arts Degree in History from Yale University. About DIRECTV, Inc. DIRECTV, Inc. is the nation's leading digital television service provider with more than 15 million customers. DIRECTV and the Cyclone Design logo are registered trademarks of DIRECTV, Inc. DIRECTV (NYSE NYSE See: New York Stock Exchange :DTV (Digital TeleVision) Transmitting TV using digital signals. The major DTV standards are ATSC (North America), DVB (Europe) and ISDB (Japan). All three use MPEG-2 video compression and Dolby Digital audio compression. DVB and ISDB also include MPEG audio compression. ) is a world-leading provider of digital multichannel Using two or more paths for transmission or processing. It can refer to a variety of architectures including (1) multiple I/O channels between the CPU and peripheral devices, (2) multiple wires in a cable, (3) multiple "logical" channels within a single wire or fiber or (4) multiple television entertainment. DIRECTV is approximately 34 percent owned by News Corporation. |
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