Globecomm Founder and CEO David Hershberg to Retire
Hauppauge, NY, February 7, 2014-Globecomm Systems today announced the retirement of founder and Chief Executive Officer David Hershberg. Keith A. Hall, President and Chief Operating Officer and 17 year veteran of the company has been appointed CEO, effective immediately. Hershberg will serve as a consultant to the Board of Directors of the Company for special projects.
Anup Bagaria, Director of Globecomm and Co-Managing Partner of Wasserstein & Co. said, “We would like to thank Dave for his exceptional leadership and dedication to Globecomm over the past 19 years. As a result of his significant contributions, the company that Dave built from the ground up has grown into a leader in the design, integration and management of communication solutions. We thank Dave for his steadfast commitment to Globecomm and wish him all the best in his retirement.”
Hall, 44, has over 20 years of experience in the satellite communications, telecommunication network and internet fields. During his time at Globecomm, Hall served in a variety of roles in both the infrastructure and service operations sectors, and recently helped lead the planning and execution of the company’s corporate growth strategies and strategic business development. Previously, as Senior Vice President and General Manager of Globecomm’s service sector, Hall helped drive growth and profitability in the sector through the expansion of its managed service products. Hall is a graduate of Auburn University with a B.S. in electrical engineering and received an MBA from Dowling College of New York.
“Keith has played an integral role in guiding the overall direction of the company and we are thrilled to have him step into the role of CEO and lead this talented team going forward,” said Bagaria. “Keith is a skilled operator and proven leader who has experience in both the infrastructure and services sectors of the business. We are looking forward to his continued contributions as the Company leverages its technical capabilities and enhances its comprehensive suite of system integration, system products, and network services.”
Commenting on the announcement, Hershberg said, “I am extremely proud of Globecomm’s progress and accomplishments since 1994, and I am honored to have had the opportunity to lead such an exceptional group of people. Globecomm is in a strong position today, and I’m confident that under Keith’s watch, the company has excellent prospects for the future.”
Last November 2013, Hershberg was awarded the "Visionary Satellite Executive of the Year" award by Satellite Markets and Research at the SATCON show in New York.
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