by Staff Writers
Milpitas CA (SPX) May 19, 2008
Globalstar has announced the appointment of Thomas M. Colby, 47, as Chief Operating Officer effective May 19, 2008. Mr. Colby's appointment follows an extensive search by the Company's Board of Directors through an engagement with a national recruiting firm.
Mr. Colby joins the Company from his recent position as Vice President and General Manager of Trimble Navigation Limited (formerly @Road, Inc.), a provider of GPS and other advanced positioning solutions, where he planned, developed and launched Trimble's re-entry into the Transportation market and managed cross-functional teams covering development, operations, marketing, sales and finance.
Mr. Colby has held a number of prominent positions in international consumer electronic and other wireless and Internet-based technology-related businesses throughout a professional career spanning approximately three decades, including recent executive level positions at Eyematic Interfaces Inc., as Chief Executive Officer, and WebEx Communications, Inc., as Vice President Worldwide Operations & Corporate Development.
During his tenure at Eyematic Interfaces, Mr. Colby successfully developed the company's global business plan, led private equity financing efforts and built business partnerships with companies including NTT DoCoMo, Verizon Wireless, Microsoft and T-Mobile prior to its acquisition in 2004.
Mr. Colby joined WebEx Communications in the development stage and built the product and services operations, developed its global business plan, pricing model and end-to-end business and service delivery operations and established OEM partnership agreements with Deutsche Telekom, AT&T and Sprint prior to its acquisition by Cisco.
Mr. Colby also had responsibility for business and new technology development, sales, marketing and operations while serving in various positions at Apple Inc., Dell Inc., AppLab Inc. and CellNet Data Systems where he managed customer relationships with major telecom and consumer products companies including Motorola, Alcatel, Sharp, Siemens and LSI Logic.
Commenting on behalf of Globalstar's Board of Directors, Chairman and Chief Executive Officer James Monroe III, said, "After an extensive and thorough search process, I am honored and excited to welcome Tom Colby to Globalstar. Tom is an accomplished senior executive with an impressive track record of global experience building businesses in multiple industries who brings with him finance expertise and the unique background of large company and entrepreneurial experience that we are looking for going forward.
"Tom has significant depth and breadth of experience applicable to Globalstar on many levels and is a strategic thinker whose operational successes demonstrate a strong, results-driven orientation. His reputation as an excellent leader, team member and mentor, together with his solid background in the consumer electronics industry, will complement our strong management team.
"Coupled with his successful record for leading product development, sales and cost reduction strategies in challenging environments, these attributes are an ideal match for leading us to our next level of success for our investors and customers. Globalstar's Board of Directors looks forward to working closely with Tom to accomplish all of our goals."
Space Industry Jobs, Careers and Appointments
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