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TerreStar Names William Freeman New Chairman |
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RESTON, Va., Jan. 29, 2007/Satnews Daily/ ― TerreStar Networks Inc. has announced that William Freeman was elected and will serve as its chairman of the board. Freeman has served as a director on TerreStar’s board since May 2005.
“I could think of no one better to take the reins as I join David Grain from Motient in our transition to focus on TerreStar Global’s continued development,” said Jared (Jerry) Abbruzzese, former chairman of TerreStar Networks Inc. “I recommended him to the board, I nominated him for appointment and I have full confidence in his abilities.”
“Bill brings years of telecommunications and operations experience that will help lead TerreStar as we mature from a development-phase company to one focused on execution and operations,” said Robert H. Brumley, president and CEO of Motient Corporation and its subsidiary TerreStar Networks Inc. “This is a natural evolution for us both and I’m pleased he will assume a greater leadership role as we bring into reality the nation’s first integrated satellite/terrestrial communications network.”
Freeman has served as a director of TerreStar’s board since May 2005, and served as chairman of its audit committee and compensation committees. From 2004 to 2005, he was the CEO of Leap Wireless International, Inc. From 1994 to 2004, Freeman was a senior executive at Verizon. He served as president - Public Communications Group from 2000 to 2004. From 1998 to 2000, Freeman was president and CEO of Bell Atlantic-New Jersey and from 1994 to 1998 he served as president and CEO of Bell Atlantic-Washington D.C.
Freeman currently is a member of the board of directors of the CIT Group, Inc., a publicly traded company, and Value Added Communications, Inc., a privately held company. He is vice chairman of the board of trustees of Drew University and a member of the board and a past chairman of the board of Junior Achievement Worldwide.
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