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Globalstar names new CEO

James Monroe III retired as CEO of Globalstar Inc., effective Sept. 4.

Monroe will now serve as executive chairman of the company's board, according to a Sept. 4 SEC filing. Globalstar named David Kagan the new CEO of the company.

Kagan was Globalstar's president and COO from January 2016 through March 2017 and reassumed the position in December 2017.

Globalstar provides mobile satellite voice and data services.