Wednesday, September 20, 2006

Iridium Satellite Names ex-Telcordia Exec as CEO

Iridium Satellite named Matthew J. Desch, 48, as Chairman and Chief Executive Officer (CEO) of the company, replacing Dan Colussy. Desch was most recently CEO of New Jersey-based Telcordia Technologies, Inc., a supplier of software and services to the telecommunications industry. Desch was instrumental in moving Telcordia into new wireless and international markets, and spinning off the company to private equity from SAIC, Inc. Prior to Telcordia, Desch spent 13 years at Nortel Networks, leaving in 2000 as President, Global Service Providers and responsible for Nortel's business in Europe and Asia.

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