Board of Directors

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Robert H. Niehaus

Chairman of the Board

Mr. Niehaus has served as a member of our Board of Directors since our inception and has served as our Chairman since September 2009. Mr. Niehaus has been the Chairman of Greenhill Capital Partners since June 2000. Mr. Niehaus has been a member of Greenhill's Management Committee since its formation in January 2004. Mr. Niehaus joined Greenhill in January 2000 as a managing director to begin the formation of Greenhill Capital Partners. Prior to joining Greenhill, Mr. Niehaus spent 17 years at Morgan Stanley & Co., where he was a managing director in the merchant banking department from 1990 to 1999. Mr. Niehaus was vice chairman and a director of the Morgan Stanley Leveraged Equity Fund II, L.P., a $2.2 billion private equity investment fund, from 1992 to 1999, and was vice chairman and a director of Morgan Stanley Capital Partners III, L.P., a $1.8 billion private equity investment fund, from 1994 to 1999. Mr. Niehaus was also the chief operating officer of Morgan Stanley's merchant banking department from 1996 to 1998. Mr. Niehaus is a director of Heartland Systems Payments, Inc. and other private companies. Mr. Niehaus is a graduate of Princeton University and the Harvard Business School, from which he graduated with high distinction as a Baker Scholar.

Member of the Compensation Committee

J. Darrel Barros

Director

Mr. Barros has served on our Board of Directors since September 2009. Mr. Barros is the President of Syndicated Communications, Inc., a private equity fund focused on media and communications. Prior to joining the SCI team, he was President of VGC, PC, a Washington, DC based law firm specializing in private equity and early−stage investments. Mr. Barros also served as a corporate and securities attorney in the venture capital practice group of DLA Piper US LLP. He is currently Executive Chairman of Haven Media Group, LLC, a music−media company, and Chairman of Prestige Resort Properties, Inc., a resort and hospitality company. Mr. Barros is also a director of TMX Interactive, Simplink Corporation and Maya Cinemas. Mr. Barros received a B.S. degree from Tufts University, a Master in Business Administration from the Amos Tuck School of Business in Dartmouth College, and a Juris Doctorate degree from the University of Michigan.

Member of the Audit Committee

Scott L. Bok

Director

Mr. Bok has served on our Board of Directors since our inception. He also served as our Chairman and Chief Executive Officer from our formation in November 2007 until September 2009. Mr. Bok has served as Greenhill's Co−Chief Executive Officer since October 2007, served as its Co−President between 2004 and 2007 and has been a member of Greenhill's Management Committee since its formation in January 2004. In addition, Mr. Bok has been a director of Greenhill since its incorporation in March 2004. From January 2004 until October 2007, Mr. Bok was Greenhill's U.S. President. From 2001 until the formation of Greenhill's Management Committee, Mr. Bok participated on the two−person administrative committee responsible for managing Greenhill's operations. Mr. Bok has also served as a Senior Member of Greenhill Capital Partners since its formation. Mr. Bok joined Greenhill as a managing director in February 1997. Before joining Greenhill, Mr. Bok was a managing director in the mergers, acquisitions and restructuring department of Morgan Stanley & Co., where he worked from 1986 to 1997, based in New York and London. From 1984 to 1986, Mr. Bok practiced mergers and acquisitions and securities law in New York with Wachtell, Lipton, Rosen & Katz. Mr. Bok is a member of the board of directors of various private companies. Mr. Bok is also a member of the Investment Committee of Greenhill Capital Partners. Mr. Bok is a cum laude graduate of the University of Pennsylvania's Wharton School. He holds a Juris Doctorate, cum laude, from the University of Pennsylvania Law School, where he was an editor of the law review.

Chair of the Nominating and Corporate Governance Committee

Thomas C. Canfield

Director

Mr. Canfield has served on our Board of Directors since our inception. Mr. Canfield has served as Senior Vice President and General Counsel of Spirit Airlines since October 2007. Previously, Mr. Canfield was General Counsel of Point Blank Solutions, Inc. and was Chief Executive Officer and Plan Administrator for AT&T Latin America Corp. Prior to assuming those roles, Mr. Canfield was General Counsel and Secretary of AT&T Latin America following its acquisition with FirstCom Corporation. Mr. Canfield became General Counsel of FirstCom in May 2000. Prior to joining FirstCom, Mr. Canfield was Counsel in the New York office of Debevoise & Plimpton LLP, where for nine years he practiced in the areas of corporate, securities and international transactions. Mr. Canfield also is a member of the Boards of Directors of Tricom SA and Birch Telecom Inc.

Member of the Audit Committee

Peter M. Dawkins

Director

Brigadier General Dawkins, U.S. Army (Retired), has served on our Board of Directors since October 2009. Brigadier General Dawkins has also been a senior partner at Flintlock Capital Asset Management LLC since July 2009. Previously, Dawkins was vice chairman of Global Wealth Management for Citigroup Inc.; vice chairman of the Citigroup Private Bank; executive vice president and vice chairman of The Travelers Companies, Inc.; chairman and chief executive officer of Primerica Financial Services, Inc.; and head of the U.S. consulting practice of Bain & Company Inc. Dawkins began his career in the private sector as head of the Public Financing Banking division of Lehman Brothers Holdings Inc. A 1959 graduate of West Point, Dawkins served in the U.S. Army for 24 years. He was promoted to brigadier general in 1981. Dawkins holds a Ph.D. and master's degree from the Woodrow Wilson School at Princeton University. He was selected as a Rhodes Scholar and studied at Oxford University from 1959 through 1962.

Matthew J. Desch

Director and Chief Executive Officer

Mr. Desch, Chief Executive Officer (CEO) of Iridium Communications, Inc., has more than 30 years of experience in telecommunications management, and more than 20 years in the global wireless industry. Mr. Desch joined Iridium in 2006.

He has been responsible for leading Iridium's innovation and growth, which includes taking the company public on NASDAQ and completion of the financing for the launch of Iridium NEXT, Iridium's next-generation network to begin launching in 2015. Since joining in 2006, Iridium has more than doubled in subscribers and nearly tripled its operational earnings.

Before joining Iridium, Mr. Desch served as the CEO of New Jersey-based Telcordia Technologies, Inc., a supplier of software and services to the telecommunications industry. Mr. Desch was instrumental in moving Telcordia into new wireless and international markets, and spinning off the company to private equity from SAIC, Inc. Prior to Telcordia, Mr. Desch worked for Nortel Networks as president of Nortel's fast growing Wireless Networks division from 1995 to 1999, having led its growth from $2 billion to more than $4.5 billion in annual revenue.

U.S. President Barack Obama appointed Mr. Desch as a member of the National Security Telecommunications Advisory Committee. The committee provides recommendations to the President and other government leaders on matters of security that relate to the nation's telecommunications infrastructure.

Mr. Desch also serves on the board of trustees of the Aircraft Owners and Pilots Association (AOPA). He previously served on the board of directors of a number of high tech telecom companies, including Starent Networks (now part of Cisco), Flarion Technologies (now part of Qualcomm) and Airspan Networks, as well as industry associations such as the Cellular Telecommunications Industry Association (CTIA), The Wireless Foundation and the Personal Communications Industry Association (PCIA). He served as Chairman of the Wireless Foundation and was a member of the executive board of The Alliance for Telecommunications Industry Solutions (ATIS). Mr. Desch is an active public speaker and has testified on Capitol Hill on matters related to U.S. telecommunications security and emergency communications.

Mr. Desch was named by Washingtonian Magazine as a "Tech Titan" and received the Ernst & Young Entrepreneur of The Year 2011 Greater Washington Area award. He began his career in software development with Bell Laboratories, which became Lucent Technologies. He has a Bachelor of Science degree in Computer Science from The Ohio State University and an MBA from University of Chicago.

Holdings: 236,493 shares     View Transactions

Date	Type	Shares Traded	Price Range
Aug 11, 2011	Buy	10,000	7.18
May 13, 2011	Buy	10,000	8.55
Aug 31, 2010	Buy	10,000	8.68
Aug 31, 2010	Buy	10,000	8.68
Jun 4, 2010	Buy	10,000	9.08
Nov 20, 2009	Buy	40,000	8.68
Sep 29, 2009	Statement of Ownership	0	n/a
Sep 29, 2009	Buy	151,993	n/a

Terry L. Jones

Director

Mr. Jones has served on our Board of Directors since the Acquisition in September 2009 and served on the Board of Directors of Iridium Holdings from 2001 to September 2009. Mr. Jones is the Managing Member of the General Partner of Syndicated Communications Venture Partners V, L.P. and the Managing Member of Syncom Venture Management Co., LLC. Prior to joining Syncom in 1978, he was co-founding stockholder and Vice President of Kiambere Savings and Loan in Nairobi, and a Lecturer at the University of Nairobi. He also worked as a Senior Electrical Engineer for Westinghouse Aerospace and Litton Industries. He is a member of the board of directors for several other Syncom portfolio companies including Radio One, Inc. and TV One LLC. He formerly served on the Board of the Southern African Enterprise Development Fund, a presidential appointment, and is on the Board of Trustees of Spellman College. Mr. Jones received a B.S. degree in Electrical Engineering from Trinity College, an M.S. degree in Electrical Engineering from George Washington University and a Masters of Business Administration from Harvard University.

Member of the Nominating and Corporate Governance Committee
Member of the Compensation Committee

Alvin B. Krongard

Director

Mr. Krongard has served as a member of our Board of Directors since the Acquisition in September 2009 and served as a member of the Board of Directors of Iridium Holdings from 2006 to September 2009. Mr. Krongard serves as a member of the Iridium board of directors, and previously was a member of the board of directors of Iridium Holdings from 2006 to September 2009. Krongard previously held the positions of chief executive officer and chairman of the board of directors of Alex. Brown Incorporated (Alex. Brown), an investment banking firm; vice chairman of the board of directors of Bankers Trust Company N.A.; and other financial industry posts. He served as counselor to the director of the U.S. Central Intelligence Agency (CIA), and was a member of the board of directors of PHH Corporation. He currently serves on the board of directors of Under Armour, Inc., and as vice chairman of The Johns Hopkins Health System Corporation. Krongard received a bachelor's degree with honors from Princeton University and a Juris Doctorate degree from the University of Maryland School of Law.

Member of the Nominating and Corporate Governance Committee
Member of the Compensation Committee

Eric T. Olson

Director

Admiral Olson, U.S. Navy (Retired), has served on our Board of Directors since December 2011. He brings nearly forty years of broad leadership, management and military operations experience to Iridium. Most recently, he was the commander of the U.S. Special Operations Command, responsible for the readiness of joint special operations missions worldwide. Previously, Admiral Olson led operational units within every component of the Naval Special Warfare community and served in senior positions within USSOCOM and the U.S. Navy staff. He graduated from the United States Naval Academy in 1973 and qualified as a Naval Special Warfare officer ("Navy SEAL") in 1974. He earned a Master of Arts degree in national security affairs at the Naval Postgraduate School, and has been awarded the Defense Distinguished Service Medal and the Silver Star.

Steven B. Pfeiffer

Director

Mr. Pfeiffer has served on our Board of Directors since September 2009 and served on the Board of Directors of Iridium Holdings from 2001 to September 2009. Mr. Pfeiffer has been a partner in the law firm of Fulbright & Jaworski LLP since 1983 and has served as the elected Chair of the firm's Executive Committee since 2003. He previously served as the Partner−In−Charge of the Washington, DC and London offices, and headed the firm's International Department. In addition to serving on the Board of Iridium Holdings, Mr. Pfeiffer is a Non−Executive Director of Barloworld Limited in South Africa, Chairman Emeritus of Wesleyan University, a trustee of The Africa−America Institute in New York, a Director of Project HOPE in Washington, D.C., and a Director of the NAACP Legal Defense and Educational Fund, Inc. Mr. Pfeiffer received a B.A. degree from Wesleyan University in Middletown, Connecticut and studied at Oxford University as a Rhodes Scholar, completing a B.A. and a M.A. in jurisprudence. He also holds a M.A. in Area Studies (Africa) from the School of Oriental and African Studies of the University of London and holds a Juris Doctorate from Yale University. Mr. Pfeiffer served as an officer on active and reserve duty in the United States Navy.

Chair of the Compensation Committee

Parker W. Rush

Director

Mr. Rush has served on our Board of Directors since our inception. Mr. Rush has served as the President and Chief Executive Officer and as a member of the Board of Directors of Republic Companies, Inc., a provider of property and casualty insurance, since December 2003. Prior to his employment with Republic, Mr. Rush served as a Senior Vice President and Managing Director at The Chubb Group of Insurance Companies in charge of the Southern U.S. based in Dallas, Texas and in various other capacities since February 1980.

Chair of the Audit Committee