Summary by Moomoo AI
Globalstar, Inc. has reported the sudden passing of Michael J. Lovett, a member of the company's board of directors, in a recent Form 8-K filing with the SEC. Mr. Lovett, who joined the Globalstar board in 2018, contributed significantly to the company through his roles on the Audit and Compensation Committees. The board and management team have expressed their deep appreciation for Mr. Lovett's service and extended their condolences to his family and friends. The report was signed by Rebecca S. Clary, Vice President and Chief Financial Officer of Globalstar, Inc.