Iridium Announces Executive Retirements; Names Vincent O'Neill as New Chief Financial Officer and Timothy Last as new Executive Vice President, Sales and Marketing, each effective January 1, 2025
Iridium Communications Inc. (NASDAQ: IRDM) has announced key executive changes effective January 1, 2025. Thomas J. Fitzpatrick, CFO and Chief Administrative Officer, and Bryan J. Hartin, Executive VP of Sales and Marketing, will retire at year-end. Fitzpatrick will continue to serve on the company's Board of Directors.
Vincent O'Neill will become the new CFO, and Timothy Last will take over as Executive VP of Sales and Marketing. O'Neill, currently Senior VP of Finance, joined Iridium in 2014 and has extensive experience in financial planning and execution. Last, currently Senior VP of Sales, Product Management, and Customer Care, joined Iridium in 2012 and has held various leadership roles within the sales and marketing organization.
CEO Matt Desch expects a seamless transition, praising the outgoing executives for their significant contributions to Iridium's growth and financial transformation. Under their leadership, Iridium has seen substantial increases in service revenues, subscriber base, and shareholder returns.
Iridium Communications Inc. (NASDAQ: IRDM) ha annunciato importanti cambiamenti esecutivi che entreranno in vigore il 1° gennaio 2025. Thomas J. Fitzpatrick, CFO e Chief Administrative Officer, e Bryan J. Hartin, Executive VP delle vendite e del marketing, si ritireranno a fine anno. Fitzpatrick continuerà a far parte del Consiglio di Amministrazione dell'azienda.
Vincent O'Neill diventerà il nuovo CFO, mentre Timothy Last assumerà il ruolo di Executive VP delle vendite e del marketing. O'Neill, attualmente Senior VP della Finanza, è entrato in Iridium nel 2014 e ha una vasta esperienza nella pianificazione e nell'esecuzione finanziaria. Last, attualmente Senior VP delle vendite, della gestione dei prodotti e dell'assistenza clienti, è entrato in Iridium nel 2012 e ha ricoperto vari ruoli di leadership all'interno dell'organizzazione vendite e marketing.
Il CEO Matt Desch prevede una transizione senza soluzione di continuità, lodando gli executive uscenti per i loro significativi contributi alla crescita e alla trasformazione finanziaria di Iridium. Sotto la loro guida, Iridium ha registrato sostanziali aumenti nei ricavi da servizi, nella base di abbonati e nei rendimenti per gli azionisti.
Iridium Communications Inc. (NASDAQ: IRDM) ha anunciado cambios clave en la dirección que entrarán en vigor el 1 de enero de 2025. Thomas J. Fitzpatrick, CFO y Director Administrativo, y Bryan J. Hartin, Vicepresidente Ejecutivo de Ventas y Marketing, se retirarán a fin de año. Fitzpatrick continuará formando parte de la Junta Directiva de la compañía.
Vincent O'Neill será el nuevo CFO, y Timothy Last asumirá el cargo de Vicepresidente Ejecutivo de Ventas y Marketing. O'Neill, actualmente Vicepresidente Senior de Finanzas, se unió a Iridium en 2014 y cuenta con una amplia experiencia en planificación y ejecución financiera. Last, actualmente Vicepresidente Senior de Ventas, Gestión de Productos y Atención al Cliente, se unió a Iridium en 2012 y ha ocupado varios cargos de liderazgo dentro de la organización de ventas y marketing.
El CEO Matt Desch espera una transición sin problemas, elogiando a los ejecutivos salientes por sus contribuciones significativas al crecimiento y la transformación financiera de Iridium. Bajo su liderazgo, Iridium ha experimentado aumentos sustanciales en los ingresos por servicios, la base de suscriptores y los retornos para los accionistas.
Iridium Communications Inc. (NASDAQ: IRDM)는 2025년 1월 1일부터 적용되는 주요 경영진 변경 사항을 발표했습니다. Thomas J. Fitzpatrick, CFO 및 Chief Administrative Officer와 Bryan J. Hartin, 판매 및 마케팅 담당 Executive VP는 연말에 은퇴합니다. Fitzpatrick은 회사의 이사회에 계속 남아 있습니다.
Vincent O'Neill이 새로운 CFO로 취임하고, Timothy Last가 판매 및 마케팅 담당 Executive VP로 새로 선임됩니다. O'Neill은 현재 재무 고위 부사장으로, 2014년에 Iridium에 합류하였으며 재무 계획 및 실행에 대한 광범위한 경험을 가지고 있습니다. Last는 현재 판매, 제품 관리 및 고객 관리 부문의 고위 부사장으로, 2012년에 Iridium에 합류하였으며 판매 및 마케팅 조직 내에서 다양한 리더십 역할을 수행해왔습니다.
CEO Matt Desch는 매끄러운 전환을 예상하며, 퇴임하는 경영진이 Iridium의 성장과 재무 변화에 있어 중요한 기여를 했다고 칭찬했습니다. 그들의 지도 아래, Iridium은 서비스 수익, 가입자 수 및 주주 수익이 크게 증가했습니다.
Iridium Communications Inc. (NASDAQ: IRDM) a annoncé des changements clés au niveau de la direction, effectifs à partir du 1er janvier 2025. Thomas J. Fitzpatrick, CFO et directeur administratif, ainsi que Bryan J. Hartin, vice-président exécutif des ventes et du marketing, prendront leur retraite à la fin de l'année. Fitzpatrick continuera d'appartenir au conseil d'administration de l'entreprise.
Vincent O'Neill deviendra le nouveau CFO, et Timothy Last assumera le rôle de vice-président exécutif des ventes et du marketing. O'Neill, actuellement vice-président senior des finances, a rejoint Iridium en 2014 et possède une vaste expérience en planification et exécution financière. Last, actuellement vice-président senior des ventes, de la gestion des produits et du service client, a intégré Iridium en 2012 et a occupé divers postes de leadership au sein de l'organisation de vente et de marketing.
Le CEO Matt Desch prévoit une transition en douceur, louant les dirigeants sortants pour leurs contributions significatives à la croissance et à la transformation financière d'Iridium. Sous leur direction, Iridium a connu des hausses substantielles des revenus des services, de la base d'abonnés et des rendements pour les actionnaires.
Iridium Communications Inc. (NASDAQ: IRDM) hat wichtige Änderungen in der Geschäftsführung angekündigt, die am 1. Januar 2025 in Kraft treten werden. Thomas J. Fitzpatrick, CFO und Chief Administrative Officer, sowie Bryan J. Hartin, Executive VP für Vertrieb und Marketing, werden zum Jahresende in den Ruhestand treten. Fitzpatrick wird weiterhin im Vorstand des Unternehmens tätig sein.
Vincent O'Neill wird neuer CFO, und Timothy Last übernimmt die Position des Executive VP für Vertrieb und Marketing. O'Neill, derzeit Senior VP für Finanzen, ist 2014 zu Iridium gekommen und verfügt über umfangreiche Erfahrung in Finanzplanung und -ausführung. Last, derzeit Senior VP für Vertrieb, Produktmanagement und Kundenbetreuung, ist 2012 zu Iridium gekommen und hat verschiedene Führungspositionen innerhalb der Vertriebs- und Marketingorganisation innegehabt.
CEO Matt Desch erwartet einen nahtlosen Übergang und lobt die ausscheidenden Führungskräfte für ihre bedeutenden Beiträge zum Wachstum und zur finanziellen Transformation von Iridium. Unter ihrer Leitung hat Iridium erhebliche Steigerungen bei den Dienstereinnahmen, der Abonnentenzahl und den Ausschüttungen an Aktionäre gesehen.
- Iridium has returned approximately $1.0 billion to shareholders over the past three years
- Service revenues grew by 126% during Bryan Hartin's tenure
- Subscriber base almost quadrupled under Hartin's leadership
- Partner ecosystem expanded to over 500 companies
- Iridium network now has over 2.3 million users
- None.
Vincent O'Neill currently serves as Senior Vice President, Finance with responsibility for treasury, strategic and operational financial planning and execution. He joined Iridium in 2014 as its Vice President of Financial Planning and Analysis. Prior to joining Iridium, O'Neill was CFO of Mobilitie, a wireless infrastructure company, and previously spent 10 years at Nextel Sprint in a variety of senior finance roles. Prior to Nextel Sprint, he worked for Celnet, a Mobile Wireless Operator in the
Tim Last currently serves as Senior Vice President, Sales, Product Management and Customer Care with responsibility for the Company's product portfolio, global customer integration and support for commercial sales in the
Commenting on these changes, Iridium CEO Matt Desch shared, "I'm expecting a seamless leadership transition with the appointment of Vince and Tim to the executive team. It is a credit to both Tom Fitzpatrick and Bryan Hartin that they have developed leaders on their teams with the experience and vision to successfully succeed them. Both Vince and Tim have extensive experience working with Iridium's partners, employees and investors and will continue the success of their predecessors."
Speaking specifically to the retirements, Desch continued, "Tom has led Iridium through obtaining export credit financing of the largest-ever satellite constellation refresh, multiple capital market offerings and a strong credit facility with attractive terms, while leading the financial transformation of a company which, by the time of his retirement, is expected to have returned approximately
During his 14 years as the Company's CFO and 11 years as a member of its Board of Directors, Fitzpatrick led the Company's finance and administrative functions through the development and launch of the Iridium NEXT campaign and its subsequent financial transformation, leading share buybacks and the initiation of a quarterly dividend. "Iridium has been the highlight of my 45-year career. It has been a privilege to play a part in the success of this unique, essential organization. I thank Matt and the Iridium Board for their consistent support during my time at the company," said Fitzpatrick. "I am delighted to remain involved in Iridium's strategic direction through my service on the Board. I look forward to continuing to work on our important mission in this role."
Over his 12 years leading Sales and Marketing, Hartin led the growth that has driven subscribers to over 2.3 million users on the Iridium® network. In addition, he worked tirelessly to lead important safety certifications for Iridium, including for the Global Maritime Distress and Safety System (GMDSS), that allow mariners and explorers around the world to remain connected anywhere. "It's been an honor to be a member of the Iridium family for the past 12 years. I am very proud of the team we built that has driven Iridium's consistent track record of growth and success. I particularly want to thank Matt for all the guidance and support he's provided me throughout my Iridium career, as well as Iridium's Board of Directors. I have cherished my Iridium experience, especially the relationships I've developed both internally and externally around the world."
About Iridium Communications Inc.
Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles, Inc. and announced the Iridium Satellite Time and Location service. Iridium Communications Inc. is headquartered in
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SOURCE Iridium Communications Inc.
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