EL SEGUNDO,CA–Fazal Merchant, a University of Texas alumni, has been named vice president and treasurer of Directv, one of the worldâ€™s leading provider of digital entertainment services, according to a company press release.
â€œIâ€™m excited about the opportunity to be part of such an outstanding, high-performing organization. Pat leads a very talented finance team and they have played an important role in the success of DIRECTV. Iâ€™m looking forward to being part of that team and to help continue driving value for the companyâ€™s stakeholders and customers alike,â€ said Merchant.
In his previous position, Merchant served as managing director and group head. Prior to that, he spent seven years advising clients on strategy, financing, and risk solutions in the Investment Banking Division at Barclays Capital as managing director. He also spent nine years at Ford Motor Company in various treasury and finance management positions across functions in the U.S. and Europe.
Merchant holds a degree in Finance from the University of Texas and an MBA from Indiana University.