James (Jay) Monroe

Jay Monroe is Executive Chairman of the Board of Directors of Globalstar, Inc. He has held the Chairman position since Thermo Capital Partners purchased the assets of Globalstar in April 2004. He was the Company's CEO from January 2005 until July 2009 and reassumed that position from July 2011 until September 2018.

Mr. Monroe has been the majority owner of Thermo Companies since their founding in 1984. Mr. Monroe has overseen operations in a wide variety of businesses at all phases of growth from startup through maturity. Under his direction, Thermo Companies founded or acquired companies in diverse industries including power generation, natural gas exploration and production, industrial equipment distribution, real estate, telecommunications, financial services and leasing services. Mr. Monroe is on the Board of Directors of Thermo Capital Partners and several of its portfolio companies.