GSAT - Globalstar, Inc.

NYSE American - NYSE American Delayed Price. Currency in USD

Globalstar, Inc.

300 Holiday Square Boulevard
Covington, LA 70433
United States
985-335-1500
http://www.globalstar.com

SectorTechnology
IndustryWireless Communications
Full Time Employees344

Key Executives

NameTitlePayExercisedAge
Mr. James Monroe IIIExec. Chairman and Chief Exec. OfficerN/AN/A62
Mr. David B. KaganPres & COO284.94kN/AN/A
Ms. Rebecca S. ClaryChief Financial Officer and VP233.4kN/A38
Mr. L. Barbee Ponder IVVP of Regulatory Affairs and Gen. Counsel228.58kN/A50
Mr. Richard S. RobertsCorp. Sec. and DirectorN/AN/A71
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services. It also provides SPOT products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; SPOT Global phone; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Simplex one-way transmission products to track cargo containers and rail cars, to monitor utility meters, to monitor oil and gas assets, and other applications. Further, it provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company primarily serves recreation and personal; government; public safety and disaster relief; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation markets. Globalstar, Inc. distributes its products directly, as well as through independent agents, dealers and resellers, independent gateway operators, and its sales force and e-commerce Website. As of December 31, 2016, it served approximately 689,000 subscribers. The company was founded in 2003 and is headquartered in Covington, Louisiana. Globalstar, Inc. is a subsidiary of Thermo Funding II LLC.

Corporate Governance

Globalstar, Inc.’s ISS Governance QualityScore as of December 1, 2017 is 10. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.