Globalstar Management
Management criteria checks 1/4
Globalstar's CEO is Paul Jacobs, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is $36.51M, comprised of 0.4% salary and 99.6% bonuses, including company stock and options. directly owns 0.89% of the company’s shares, worth €18.48M. The average tenure of the management team and the board of directors is 1.5 years and 5.6 years respectively.
Key information
Paul Jacobs
Chief executive officer
US$36.5m
Total compensation
| CEO salary percentage | 0.4% |
| CEO tenure | less than a year |
| CEO ownership | 0.9% |
| Management average tenure | 1.5yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$45m |
| Dec 31 2023 | US$37m | US$142k | -US$35m |
Compensation vs Market: Paul's total compensation ($USD36.51M) is above average for companies of similar size in the German market ($USD1.58M).
Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.
CEO
Paul Jacobs (62 yo)
less than a year
Tenure
US$36,508,616
Compensation
Dr. Paul E. Jacobs, Ph D., serves as Chief Executive Officer and Director at Globalstar, Inc. since August 29, 2023. He serves as 5G Advisor at Beyond Imagination, Inc. Dr. Jacobs serves as the Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 20.6yrs | US$175.00k | 58.28% $ 1.2b | |
| CEO & Director | less than a year | US$36.51m | 0.89% $ 18.5m | |
| VP & CFO | 9.9yrs | US$692.47k | 0.079% $ 1.6m | |
| General Counsel & VP of Regulatory Affairs | 14yrs | US$734.70k | 0.087% $ 1.8m | |
| VP of Finance | no data | US$226.00k | 0.18% $ 3.8m | |
| Senior Vice President of Engineering & Operations | 6.5yrs | no data | no data | |
| Chief Technology Officer | 1.5yrs | no data | no data | |
| Chief Scientist | 1.5yrs | no data | no data | |
| Vice President of Strategy & Communications | no data | no data | no data | |
| Vice President of Sales - United States | 1.5yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Corporate Secretary | 20.3yrs | US$175.31k | no data |
1.5yrs
Average Tenure
58yo
Average Age
Experienced Management: P8S's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 20.6yrs | US$175.00k | 58.28% $ 1.2b | |
| CEO & Director | less than a year | US$36.51m | 0.89% $ 18.5m | |
| VP of Finance | 5.6yrs | US$226.00k | 0.18% $ 3.8m | |
| Independent Director | 5.6yrs | US$226.00k | 0.042% $ 869.5k | |
| Independent Director | 15yrs | US$226.00k | 0.050% $ 1.0m | |
| Director | 20.6yrs | US$175.00k | 0.70% $ 14.4m | |
| Independent Director | 5.6yrs | US$226.00k | 0.041% $ 854.4k |
5.6yrs
Average Tenure
67yo
Average Age
Experienced Board: P8S's board of directors are considered experienced (5.6 years average tenure).