UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
___________________________
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act 1934
Date of
Report (Date of earliest event reported): March 15, 2010
GLOBALSTAR,
INC.
(Exact
name of registrant as specified in its charter)
|
Delaware
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001-33117
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41-2116508
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(State
or Other Jurisdiction of Incorporation
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(Commission
File Number)
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(IRS
Employer Identification No.)
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461
South Milpitas Blvd. Milpitas, California
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95035
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|
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(Address
of Principal Executive Offices)
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(Zip
Code)
|
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Registrant’s
telephone number, including area code: (408) 933-4000
N/A
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
|
£
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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£
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Soliciting
material pursuant Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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£
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d.2(b))
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£
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
5.02
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Departure
of Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory
Arrangements of Certain Officers.
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Effective March 15, 2010, Stuart Mar,
age 44, was appointed Vice President and Chief Accounting Officer of Globalstar,
Inc. Mr. Mar joined the Company as Controller in April
2006. Prior to joining Globalstar, he was a Senior Finance Manager at
IBM for the Applications on Demand division located in Cupertino, California
from March 2005 to April 2006. He also served as Senior Accountant
and Accounting Manager at Globalstar, L.P. from 1995 to 2000.
There are
no family relationships between Mr. Mar and any director or executive officer of
the Company, and he has no direct or indirect material interest in any
transactions with the Company.
Fuad
Ahmad, the Company’s Senior Vice President and Chief Financial Officer,
relinquished his duties as chief accounting officer upon Mr. Mar’s
appointment.
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
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GLOBALSTAR.
INC.
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|||
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Date:
March 18, 2010
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By:
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/s/ Fuad Ahmad | |
| Fuad Ahmad | |||
| Senior Vice President and Chief Financial Officer | |||