Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Earliest Event Reported: December 8, 2009
ICO
Global Communications (Holdings) Limited
(Exact
name of registrant as specified in its charter)
Delaware
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001-33008
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98-0221142
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(State
or other jurisdiction
of
incorporation)
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(Commission
file
number)
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(IRS
employer
identification
no.)
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Plaza
America Tower I
11700
Plaza America Drive, Suite 1010
Reston,
Virginia
(Address
of principal executive offices, including zip code)
(703)
964-1400
(Registrant’s
telephone number, including area code)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2 below):
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
210.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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The
disclosure provided in Item 5.02 is incorporated herein by
reference.
Item
5.02
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Departure
of Director or Certain Officers; Appointment of Certain Officers;
Compensation Arrangements of Certain
Officers.
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On
December 8, 2009, ICO Global Communications (Holdings) Limited (“Company”)
announced that Michael P. Corkery, the Company’s acting Chief Executive Officer
and Executive Vice President, Chief Financial Officer, has resigned from all
positions with the Company and its subsidiaries, effective December 31, 2009
(“Effective Date”), in order to pursue another career opportunity. As
a result, all employment arrangements between Mr. Corkery and the Company will
terminate on the Effective Date.
Benjamin
G. Wolff, 40, has been appointed Chairman of the Board of Directors of the
Company effective immediately, and Chief Executive Officer effective December
31, 2009. Mr. Wolff is expected to serve as the Chief Executive Officer on an
interim basis while the Company conducts a search for a permanent Chief
Executive Officer. Mr. Wolff served as a Director of the Company from September
2005 until December 2008, and has served as Chairman of the Company’s
subsidiary, DBSD North America, Inc., since December 2008. Mr. Wolff currently
serves as Co-Founder and Co-Chairman of Clearwire Corporation (NASDAQ: CLWR),
and served as Clearwire’s Chief Executive Officer until March 2009. In addition
to his positions with Clearwire, Mr. Wolff serves as the President of the Eagle
River group of investment companies and is a member of the Board of Directors
and Executive Committee of CTIA. From January 1994 until April 2004, Mr. Wolff
was a lawyer with Davis Wright Tremaine LLP, where he became a partner in
1998.
Craig O.
McCaw, the Company’s former Chairman, will remain on the Board of
Directors.
Mr.
Wolff’s compensation is to be established and will be disclosed in a subsequent
filing.
Item
9.01
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Financial
Statements and Exhibits
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Description
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99.1
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Press
Release of the Company dated December 8,
2009.
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Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
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ICO
Global Communications (Holdings) Limited
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(Registrant)
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Dated: December
8, 2009
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By:
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/s/
John L. Flynn
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John
L. Flynn
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Executive
Vice President,
General
Counsel and Corporate
Secretary
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