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$GSAT
$82.88 +$0.36 (0.44%) Close

Company Executives

$GSAT Management Team

Ms. Rebecca Clary

Chief Financial Officer

Vice President

Age 46
Compensation $716.2K USD
Sex Female

Mr. L. Barbee Ponder

Vice President - Regulatory Affairs

General Counsel

Age 58
Compensation $705.1K USD
Sex Male

Mr. James Monroe

Executive Chairman of the Board

Age 70
Compensation $287.0K USD
Sex Male

Dr. Paul Jacobs

Chief Executive Officer

Director

Age 62
Compensation $1.296M USD
Sex Male

Mr. Timothy Taylor

Vice President - Finance

Business Operations and Strategy

Director

Age 43
Compensation $348.5K USD
Sex Male
Directors
7
serving now
Independent
Not stated
the proxy does not say
Average tenure
12.9 years
from year joined
CEO also chairs the board
No
James Monroe III
Director Age On board Independent Committees Other public boards 2025 pay Source
James F. Lynch
68 2003
23 years
Not stated None stated None stated $227,787
Timothy E. Taylor
43 2018
8 years
Not stated None stated None stated $286,414
Keith O. Cowan
69 2018
8 years
Not stated None stated None stated $286,414
Benjamin G. Wolff
57 2018
8 years
Not stated None stated None stated $286,414
Dr. Paul E. Jacobs
63 2023
3 years
Not stated None stated Dropbox, Inc. $227,787
William A. Hasler
84 2009
17 years
Not stated None stated None stated $286,414
James Monroe III
71 2003
23 years
Not stated None stated None stated $227,787

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

14 disclosed in the proxy filed Apr 2, 2026
Thermo
Amount not stated

Company reimburses Thermo for expenses incurred by Messrs. Monroe, Lynch and Taylor and other Thermo employees serving the Company, with no mark-up.

Thermo
Approximately $327,000
2025

General and administrative expenses incurred by Thermo on the Company's behalf.

Thermo
Approximately $31,000
2025

Services provided to the Company by an officer of Thermo, accounted for as a non-cash contribution to capital.

Thermo
Approximately $657,000
2025

Payments for services provided by other consultants and Thermo employees.

Thermo Covington, LLC
$1.7 million
2025

Headquarters office lease agreement with a ten-year term, expiring January 2029, with annual payments increasing 2.5% per year.

Thermo
$136.7 million

Thermo holds Series A Preferred Stock with an aggregate liquidation preference.

Thermo
$9.7 million
2025

Dividend payments made to Thermo on the Series A Preferred Stock, approved by the Board.

Thermo
Amount not stated

Lock-up and right of first offer agreement restricting transfers of Company common stock by Thermo for five years from launch of services.

With Customer Open in proxy
Thermo
Amount not stated
2023

Thermo guaranty of certain amounts under the 2023 Funding Agreement and Services Agreements, with the Company issuing Thermo a warrant to purchase 666,668 shares as consideration.

Thermo
$100 million
2025

Amended Thermo Guaranty lowering the Guaranteed Obligations cap.

Virewirx
Controlled by Dr. Jacobs, who is Executive Chairman of XCOM Labs, Inc. (now Virewirx, Inc.)
Approximately $68.7 million

Intellectual property License Agreement, terminated January 2026; Company issued 4.0 million shares of common stock to Virewirx.

With Globalstar Open in proxy
Dr. Jacobs
Executive Chairman of XCOM Labs, Inc. (now Virewirx, Inc.) and controlling stockholder of Virewirx
Amount not stated

Company issued 1.1 million additional shares to Dr. Jacobs as consideration under the License Agreement.

With Globalstar Open in proxy
Virewirx
Amount not stated
2023 and 2024

Support Services Agreement under which Virewirx provided services; Company issued 0.7 million shares in August 2023 and 0.5 million shares in June 2024 as payment and release of holdback shares.

Virewirx
Amount not stated
2024 and 2025

Virewirx sold 0.3 million and 0.2 million Company shares in private placements to an affiliate of Thermo.

With affiliate of Thermo Open in proxy

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