#USA #McLean #Board of Directors #Iridium #Louis Alterman

Iridium Communications Expands Board with Louis Alterman

Iridium Communications Inc., a notable leader in satellite communications, has officially announced the appointment of Louis Alterman to its Board of Directors. This recent development marks a significant expansion of the Board, increasing its size to twelve members, with an impressive nine of them being independent.

A Perfect Fit for Strategic Vision

Matt Desch, the CEO of Iridium, expressed enthusiasm for this new addition, stating, "Louis' background aligns perfectly with Iridium's strategic vision to deliver innovative and unique communication services across the globe." Desch highlighted Alterman's extensive experience in steering companies through transformation and growth phases as invaluable for the company.

Alterman brings forth a wealth of experience from his previous roles. Before joining the Board, he served as the president and CEO of Stratix Corporation, the leading specialist in enterprise mobility in North America. His previous tenures include a significant stint as CFO of Rackspace, a prominent player in cloud technology services, and several transformative positions at EarthLink, a telecommunications provider, where he also served as CFO.

Robert H. Niehaus, Chairman of the Board at Iridium, further emphasized Alterman's qualifications, commenting, "Louis' operational leadership and financial acumen across the communications and technology sectors make him ideally suited to join the Iridium Board and help deliver value for Iridium shareholders."

Educational Background and Previous Roles

Alterman is not only recognized for his practical experience but also for his educational credentials. He holds a bachelor’s degree in business administration from the University of Georgia, a Master of Business Administration from Emory University's Goizueta Business School, and has completed executive education at Harvard University. His broad experience in diverse sectors positions him well to contribute to Iridium’s ongoing initiatives.

In addition to his duties at Iridium, Alterman is also a board member at Diversified, a global technology solutions provider. He was involved with CareerBuilder from 2018 to 2022 and has a history with BellSouth, now part of AT&T, dating back to the early 2000s.

About Iridium Communications

Iridium Communications Inc. is known for its unique mobile voice and data satellite communications network, which spans the entire globe. The company enables real-time connections between individuals, organizations, and assets across various sectors. In 2024, Iridium acquired Satelles, further enhancing its offerings in positioning, navigation, and timing services (PNT).

Headquartered in McLean, Virginia, USA, Iridium’s common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. The company is committed to providing innovative and reliable communication solutions worldwide through its extensive ecosystem of partner companies. For those interested in learning more about Iridium’s products and services, further information can be found at www.iridium.com.