Globalstar 8-K 2010
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act 1934
Date of Report (Date of earliest event reported): November 1, 2010
(Exact name of registrant as specified in its charter)
Registrant’s telephone number, including area code:(985) 335-1500
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
On November 1, 2010, the Board of Directors of Globalstar, Inc. (the “Company”) appointed Joseph F. Barnett as Vice President and Chief Accounting Officer.
Mr. Barnett, age 34, is a Certified Public Accountant and has served as a Vice President of the Company working with the transition accounting team since August 2010. Previously, he served in various audit functions with KPMG LLP since 1998, including most recently as Senior Manager – Audit from October 2004 until joining the Company.
There are no family relationships between Mr. Barnett and any director or executive officer of the Company, and he has no direct or indirect material interest in any transactions with the Company.
Stuart Mar relinquished his duties as chief accounting officer upon Mr. Barnett’s appointment. In addition, November 1, 2010 was Fuad Ahmad’s last day of employment with Globalstar.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 5, 2010