Pace names Shane McCarthy as president of Pace International business unit

Set-top maker Pace (LSE: PIC) has appointed Shane McCarthy as the new president of its Pace International business unit. McCarthy takes over for Mark Loughran, who held the title for just shy of 11 months.

In his new position, McCarthy will manage Pace's business in EMEA, the Asia Pacific region, and Brazil. He will lead a team of more than 700 employees, supporting revenue of around $1 billion. Previously, McCarthy was a senior vice president and general manager for Pace's operations in EMEA and APAC. He has been with Pace since 2005.

Pace CEO Mike Pulli said in a statement, "Shane has been with the Company for over seven years in a variety of engineering and commercial roles, most recently as Senior Vice President and General Manager of the combined NAGRA and NDS businesses. His appointment as President reflects his track record of excellence and guarantees a stable, seamless transition that will benefit Pace's customers and support the company's continued growth in these extremely important global territories."

For more:
- see the news release
- see this Broadband TV News story

Related articles:
Set-top box future remains present concern
Pulli named Pace CEO; FCC chief of staff resigns
Pace supplies slammed by Japan's troubles, but U.S. unit posts strong performance
Q&A with Mike Pulli, president of Pace Americas