Comtech Appoints David B. Kagan to its Board of Directors
19 February 2025 - 8:30AM
Business Wire
February 18, 2025-- Comtech Telecommunications Corp. (NASDAQ:
CMTL) (“Comtech” or the “Company”), a global communications
technology leader, today announced that the Comtech Board of
Directors (the “Board”) has appointed David (Dave) B. Kagan as an
independent director to the Board, effective February 13, 2025.
Mr. Kagan has deep experience leading satellite communications
companies over the course of his career, which spans more than 35
years. Most recently, he served as CEO of Globalstar, where he
drove significant top and bottom line improvements. He also
expanded Globalstar’s services beyond the legacy of one-way
messaging and GPS to focus on satellite IoT and was a key
contributor in securing the industry's first service offering
enabling direct-to-device satellite capability. Before that, he
served in leadership roles at ITC Global, Globe Wireless and
Spacenet, among others.
“We are delighted to welcome Dave Kagan to the Comtech Board,”
said Ken Traub, Chairman, President and CEO of Comtech. “Dave
brings both deep experience in the satellite industry as well as
strength in capital markets, turnarounds and strategic transactions
which will be invaluable as we continue to execute on the
comprehensive transformation of Comtech.”
“I am thrilled to join the Comtech Board,” said Mr. Kagan. “I
look forward to working with my fellow directors and this highly
engaged leadership team as it continues to execute on the recently
announced strategic transformation.”
About David B. Kagan
Mr. Kagan, 63, served as chief executive officer of Globalstar,
Inc. (NASDAQ: GSAT), a leading provider of satellite solutions,
from September 2018 to September 2023, where he also served as
president and chief operating officer from December 2017 to
September 2018 and from January 2016 to March 2017. From March 2017
to November 2017, he was the chief operating officer of SpeedCast
International Limited. Mr. Kagan previously served as president of
ITC Global LLC from August 2014 to September 2015, and president
and chief executive officer of Globe Wireless LLC from June 2011
until it was sold to Inmarsat in August 2014. Prior to that, he
served as president and chief executive officer of Maritime
Telecommunications Network from January 1997 to December 2008. Mr.
Kagan currently serves on the Boards of KVH Industries, Inc.
(NASDAQ: KVHI) and AscendArc, Inc., and was inducted into the
Satellite Hall of Fame in March 2023. He holds a master’s degree of
Business Administration from Florida Atlantic University and a
bachelor’s degree in both Finance and Marketing from the University
of South Florida, Tampa.
About Comtech
Comtech Telecommunications Corp. is a leading provider of
satellite and space communications technologies; terrestrial and
wireless network solutions; Next Generation 911 (NG911) and
emergency services; and cloud native capabilities to commercial and
government customers around the world. Through its culture of
innovation and employee empowerment, Comtech leverages its global
presence and decades of technology leadership and experience to
create some of the world’s most innovative solutions for
mission-critical communications. For more information, please visit
www.comtech.com.
Cautionary Note Regarding Forward-Looking Statements
Certain information in this press release contains, and oral
statements made by our representative from time to time may
contain, forward-looking statements. Forward-looking statements can
be identified by words such as: "anticipate," "believe,"
"continue," "could," "estimate," "expect," "future," "goal,"
"outlook," "intend," "likely," "may," "plan," "potential,"
"predict," "project," "seek," "should," "strategy," "target,"
"will," "would," and similar references to future periods.
Forward-looking statements include, among others, statements
regarding our expectations for our strategic alternatives process,
our expectations for further portfolio-shaping opportunities, our
expectations for other operational initiatives, future performance
and financial condition, the plans and objectives of our management
and our assumptions regarding such future performance, financial
condition, and plans and objectives that involve certain
significant known and unknown risks and uncertainties and other
factors not under our control which may cause our actual results,
future performance and financial condition to be materially
different from the results, performance or other expectations
implied by these forward-looking statements. Factors that could
cause actual results to differ materially from current expectations
are described in our filings with the Securities and Exchange
Commission. We urge you to consider all of the risks, uncertainties
and factors identified above or discussed in such reports carefully
in evaluating the forward-looking statements. The risks described
above are not the only risks that we face. We do not intend to
update or revise publicly any forward-looking statements, whether
because of new information, future events, or otherwise, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20250218444591/en/
Investor Relations Contact
Maria Ceriello 631-962-7102 investors@comtech.com
Media Contact
Jamie Clegg 480-532-2523 jamie.clegg@comtech.com
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