BUSINESS

SEABORN CHARTS COURSE UPON EMERGING FROM CHAPTER 11 OF SEABRAS-1 ENTITIES

13/07/2020 03:18 PM

KUALA LUMPUR, July 13 -- Seaborn has appointed board members, Pete Hayes and Don Shassian, as Interim Chief Executive Officer (CEO) and Interim CFO, respectively.

According to a statement by the subsea cable systems operator, this follows the successful emergence from Chapter 11 of Seabras-1 entities.

Seaborn Co-Founder and Chief Operating Officer, Andy Bax said: “Our world-class team will continue to work hard to deliver innovative advancements and new, industry-leading solutions for our customers and partners for years to come.”

Seaborn’s innovation, expertise and customer-commitment and Partners Group’s global reach and operational experience will allow Seaborn to continue to grow in capability and service offerings beyond cable operation and ownership.

Partners Group is a global private markets investment manager and owner of Seaborn on behalf of its clients.

“Together with our partners, we are the only network and services provider across the Americas ideally positioned to help our customers by providing the right solutions with more agility than ever before,” said Bax.

Seaborn’s services are provided with the stability of diversified subsea and terrestrial routes delivering fault resilient network architectures, increased security and improved QoS.  

-- BERNAMA


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