Printed from http://www.electronista.com

LightSquared CEO resigns, continues as board chairman

updated 01:30 pm EST, Tue February 28, 2012

Sanjiv Ahuja resigns as CEO of LightSquared

LightSquared, the hopeful wireless network operator fighting to use spectrum that's said to be interfering with GPS signals, has now lost its CEO, Sanjiv Ahuja, who resigned. The news follows the company's decision to cut 45 percent of its workforce last week. Ahuja will continue to be the chairman of the board for the company, however.

While LightSquared attempts to find a replacement for Ahuja, current Chief Network Officer Doug Smitand along with Chief Financial Officer Marc Montagner will share the COO title.

Another change involves Philip A. Falcone joining the board of directors. Falcone is the CEO and CIO of Harbinger Capital Partners, which invested about $3 billion into LightSquared.

Ahuja was the head of LightSquared since 2010.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Tesoro Tizona G2N Elite gaming keyboard

The market for gaming keyboards is getting crowded, starting off with some fairly simple keyboards and diverging into the land of modu ...

GX Gaming DeathTaker mouse

Gaming is a serious endeavor for many people, driving them to look for the best performance in their system and interface devices. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News