Globalstar Management
Management criteria checks 1/4
Globalstar's CEO is Paul Jacobs, appointed in Aug 2023, has a tenure of 1.33 years. 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 $32.80M. The average tenure of the management team and the board of directors is 1.9 years and 6 years respectively.
Key information
Paul Jacobs
Chief executive officer
US$36.5m
Total compensation
| CEO salary percentage | 0.4% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.9% |
| Management average tenure | 1.9yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$39m |
| Jun 30 2024 | n/a | n/a | -US$55m |
| 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 US market ($USD6.67M).
Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.
CEO
Paul Jacobs (62 yo)
1.3yrs
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 | 21yrs | US$175.00k | 58.15% $ 2.1b | |
| CEO & Director | 1.3yrs | US$36.51m | 0.89% $ 32.8m | |
| VP & CFO | 10.3yrs | US$692.47k | 0.074% $ 2.7m | |
| General Counsel & VP of Regulatory Affairs | 14.4yrs | US$734.70k | 0.11% $ 4.0m | |
| VP of Finance | no data | US$226.00k | 0.18% $ 6.7m | |
| Senior Vice President of Engineering & Operations | 6.9yrs | no data | no data | |
| Chief Technology Officer | 1.9yrs | no data | no data | |
| Chief Scientist | 1.9yrs | no data | no data | |
| Vice President of Strategy & Communications | no data | no data | no data | |
| Vice President of Sales - United States | 1.9yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Corporate Secretary | 20.7yrs | US$175.31k | no data |
1.9yrs
Average Tenure
58yo
Average Age
Experienced Management: GSAT's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 21yrs | US$175.00k | 58.15% $ 2.1b | |
| CEO & Director | 1.3yrs | US$36.51m | 0.89% $ 32.8m | |
| VP of Finance | 6yrs | US$226.00k | 0.18% $ 6.7m | |
| Independent Director | 6yrs | US$226.00k | 0.042% $ 1.5m | |
| Independent Director | 15.4yrs | US$226.00k | 0.045% $ 1.7m | |
| Director | 21yrs | US$175.00k | 0.69% $ 25.6m | |
| Independent Director | 6yrs | US$226.00k | 0.041% $ 1.5m |
6.0yrs
Average Tenure
67yo
Average Age
Experienced Board: GSAT's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Globalstar, Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Rindos | Aegis Capital Corporation |
| Ishan Majumdar | Baptista Research |
| Michael Crawford | B. Riley Securities, Inc. |