Iridium appoints Vincent O'Neill as CFO with $410K salary, $1.5M LTI grant

Iridium Communications Inc.

O'Neill's employment agreement: base salary $410,000, target bonus 65% of salary, long-term incentive grant of $1,500,000 (50% time-based RSUs, 50% performance-based RSUs) expected March 1, 2025.
Retiring CFO Fitzpatrick and EVP Hartin remain eligible for 2024 annual bonus and March 2021 RSU vesting on March 1, 2025.
Fitzpatrick to serve on Board as non-employee director from Jan 1, 2025; Hartin available for transition through mid-March 2025.
Severance provisions for O'Neill include one-time salary + prorated target bonus upon termination without cause or for good reason.

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