tapp (P/Coo) exits xm canada

[tankedsecondchance]

man the stock has taken a real pounding since launch, of the ipo.....this could be legit or a very bad sign..

6/7/2007 11:39:00 AM ET News Release Index


Canadian Satellite Radio Holdings announces departure of Stephen Tapp, president and COO


TORONTO, June 7 /CNW/ - Canadian Satellite Radio Holdings Inc. (TSX: XSR) announced today that Stephen Tapp, president and chief operating officer of XM Canada, will be leaving the company on June 15, 2007 to pursue other opportunities.

"I would like to thank Stephen for his contributions during our major milestones including the licensing, creation of our programming lineup, launch of our service, development of our studios, build-out of our repeater network and our launch," said John Bitove, chairman and chief executive officer, Canadian Satellite Radio Holdings Inc. "Stephen's skills in business startup ensured that XM Canada was launched successfully in November 2005."

"This has been one of the greatest adventures of my career and as my fourth startup project, it was one that I truly enjoyed," said Stephen Tapp. "Now that we have successfully launched the business, it is my time to move on to new media projects of my own."

XM Canada recognizes Stephen for all of his work and pioneering efforts as the company looks to the next phase of operations.

John Bitove will continue his operational leadership as CEO of Canadian Satellite Radio Holdings Inc.