TMCnet News
GLOBALSTAR, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Globalstar, Inc. ("Globalstar") announces that Frank J. Bell, Globalstar's President of Global Sales and Marketing, left his position on April 4, 2014. Pursuant to his employment agreement, upon the execution of a release he will receive 90 days' salary and continuation of health insurance coverage as required by law, but for not less than 12 months. |