GSAT - Globalstar, Inc.

NYSE American - NYSE American Delayed Price. Currency in USD

Globalstar, Inc.

300 Holiday Square Boulevard
Covington, LA 70433
United States

IndustryWireless Communications
Full Time Employees333

Key Executives

NameTitlePayExercisedYear Born
Mr. James Monroe IIIChairman & CEON/AN/A1955
Mr. David B. KaganPres & COO284.94kN/A1963
Ms. Rebecca S. ClaryVP, CFO & Principal Accounting Officer233.4kN/A1979
Mr. L. Barbee Ponder IVGen. Counsel & VP of Regulatory Affairs228.58kN/A1967
Mr. Richard S. RobertsCorp. Sec. & DirectorN/AN/A1946
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.


Globalstar, Inc. provides mobile satellite voice and data services 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; 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. 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. 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. As of December 31, 2017, it served approximately 700,000 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 March 1, 2018 is 10. The pillar scores are Audit: 2; Board: 10; Shareholder Rights: 10; Compensation: 8.

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.