Frank Biondi Jr. has joined ViaSat Inc.’s board of directors. Biondi will serve as a Class I Director effective immediately, with an initial term expiring at the Company’s 2015 annual meeting of stockholders. Biondi, a senior MD at WaterView Advisors LLC, is the former CEO of Universal Studios.
CARLSBAD, Calif., April 8, 2015 /PRNewswire/ — ViaSat, Inc. (NASDAQ: VSAT), an innovator in broadband and communication technologies and services, today announced the appointment of Frank J. Biondi Jr. to its Board of Directors. Mr. Biondi will serve as a Class I Director effective immediately, with an initial term expiring at the Company’s 2015 annual meeting of stockholders. With the appointment of Mr. Biondi, the ViaSat Board now consists of eight members, seven of whom are independent directors.
Mr. Biondi is a senior managing director at WaterView Advisors LLC, a private equity fund specializing in media. Previously he held several positions in the television and entertainment industries, including top executive roles at Universal Studios, Viacom, the Entertainment Business Sector of the Coca-Cola Company, HBO, and the Children’s Television Workshop.
Mr. Biondi currently serves on a number of other corporate boards, including Amgen, Inc., Cablevision Systems Corp., Hasbro, Inc. (expected to retire in May 2015), RealD Inc., and Seagate Technology PLC. Previous board positions include Yahoo! Inc. and Harrah’s Entertainment. On the non-profit side, Mr. Biondi currently serves on the Board of Trustees for Keck Graduate Institute, which offers graduate degrees and educational programs in the life sciences field. Mr. Biondi holds a bachelor degree in psychology from Princeton University, and a master’s degree in business administration from the Harvard Business School.
“We are pleased to welcome Frank to the ViaSat Board, as his leadership expertise and expansive board experience will offer new perspectives to the Company,” said Mark Dankberg, chairman and CEO of ViaSat. “By bringing Frank on board now, we can leverage his market insight to drive ViaSat’s strategy forward in developing products and services in new, innovative ways.”
ViaSat engineers creative ways to connect people to new communication applications with networking systems and services that enable a fast, cost-efficient, secure, and high-performance connection to virtually any location. The Company offers Exede® high-speed internet and broadband services in North America; worldwide mobile satellite services, including global tracking and messaging as well as high-speed in-flight internet; satellite broadband networking systems; Wi-Fi and other hotspot operations, support, and management systems; network-centric military communication systems for the U.S. and allied governments; cybersecurity; and communication system design. Headquartered in Carlsbad, California, ViaSat employs more than 3,300 people worldwide in the areas of technology development, customer service, and network operations. For more information, please visit ViaSat at www.viasat.com, or follow the Company on Facebook, Twitter, LinkedIn and YouTube.
Copyright © 2015 ViaSat, Inc. All rights reserved. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners. Exede is a registered trademark of ViaSat, Inc.