Iridium Communications Inc. (NASDAQ:IRDM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June30, 2017, Richard P. Nyren, the Registrant’s Chief Accounting Officer and principal accounting officer, resigned from that position, effective as of June30, 2017, in order to accept the position of Chief Financial Officer of the Registrant’s affiliate, Aireon LLC.
Following Mr.Nyren’s resignation, Thomas J. Fitzpatrick, 59, the Registrant’s Chief Financial Officer and Chief Administrative Officer, has assumed the duties of principal accounting officer. Information regarding Mr.Fitzpatrick’s background and business experience, and compensatory arrangements between the Registrant and Mr.Fitzpatrick, is incorporated herein by reference from the Registrant’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on March30, 2017.
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About Iridium Communications Inc. (NASDAQ:IRDM)
Iridium Communications Inc. is a satellite communications company that offers mobile voice and data communications services. The Company utilizes mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. Its lines of business include land mobile, machine to machine, maritime, aviation and government. Its commercial services include postpaid mobile voice and data satellite communications services; prepaid mobile voice satellite communications services; broadband data services; machine-to-machine services; Iridium push-to-talk service, and other services. It provides services to businesses, the United States and foreign governments, non-governmental organizations and consumers. The Company sells its products and services to customers through a wholesale distribution network of approximately 75 service providers, approximately 200 value-added resellers and over 45 value-added manufacturers.
