OSN AP­POINTS PATRICK TILLIEUX AS CEO

CEO HAS BUILT AND RE­SHAPED MA­JOR PAY-TV OP­ER­A­TIONS IN EUROPE

Digital Studio - - NEWS UPDATE -

Faisal Al Ay­yar, Chair­man of OSN, an­nounced to­day that Patrick Tillieux has been ap­pointed as Chief Ex­ec­u­tive Of­fi­cer, ef­fec­tive im­me­di­ately. Patrick Tillieux has been on OSN’s Board for two years and is the chair­man of the ex­ec­u­tive com­mit­tee of the Board.

OSN said in a state­ment the Board is de­lighted that he has ac­cepted to in­crease his in­volve­ment with OSN and shares the Board’s vi­sion for the Com­pany as the pre­mier source of en­ter­tain­ment in the Mid­dle East and North Africa re­gion. Tillieux has built and re­shaped ma­jor pay-TV op­er­a­tions in Europe over a long and suc­cess­ful ca­reer span­ning all ar­eas of OSN’s busi­ness, as well as cable and tele­coms.

His achieve­ments in­clude launch­ing new pay TV ser­vices and repo­si­tion­ing ex­ist­ing broad­cast­ers, ne­go­ti­at­ing ac­cess to qual­ity con­tent for sub­scribers, and grow­ing and im­prov­ing the prof­itabil­ity of large broad­cast­ing op­er­a­tions. He also has ex­ten­sive ex­pe­ri­ence in M&A trans­ac­tions and deal­ing with banks and other fi­nanciers.

Mr. Tillieux said: “I am hon­oured to have been se­lected as OSN’s new CEO. As a mem­ber of the Board, it has been a priv­i­lege to wit­ness first­hand the qual­ity of OSN’s peo­ple and as­sets; I now look for­ward to steer­ing OSN’s en­ergy to­wards re­newed growth and ever im­proved en­gage­ment with cus­tomers. I be­lieve that OSN is uniquely po­si­tioned in the re­gion to of­fer high-qual­ity in­no­va­tive ser­vices that will make a real con­tri­bu­tion to ful­fill­ing cus­tomers’ de­sires.”

Mr. Tillieux suc­ceeds Martin Ste­wart, who is leav­ing the Com­pany to pur­sue an­other op­por­tu­nity out­side of the re­gion.

Patrick Tillieux, CEO OSN

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