Globalstar -2.5% AH on space operations chief's retirement

|By:, SA News Editor

Tony Navarra, head of Globalstar's (NYSEMKT:GSAT) space operations and a 20-year company vet, is retiring. He'll remain a consultant for one year following his retirement.

Navarra's duties will be divided between Globalstar's satellite operations and satellite engineering chiefs, each of whom will report to CEO Jay Monroe.