LightSquared CEO steps down, will remain chairman of the board

By on February 28, 2012 at 2:40 PM.

LightSquared CEO steps down, will remain chairman of the board

LightSquared on Tuesday announced that Sanjiv Ahuja has resigned from his role as chief executive officer. Chief network officer Doug Smith and and CFO Marc Montagner will serve as interim co-CEOs, and Ahuja will continue to serve as chairman of the board. Additionally, LightSquared’s billionaire founder Philip Falcone has been appointed to the company’s board of directors and has reiterated LightSquared’s commitment to low-priced 4G alternatives. “We are, furthermore, committed to working with the appropriate entities to find a solution to the recent regulatory issues,” Falcone said. “We, of course, agree that it is critical to ensure that national security, aviation and the GPS communities are protected. I am confident that working together, we can solve this problem and bring the American consumer the lower priced 4G wireless alternative they need and deserve.” Read on for LightSquared’s press release. More →

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U.S. chief technology officer Aneesh Chopra to step down

By on January 30, 2012 at 10:05 PM.

U.S. chief technology officer Aneesh Chopra to step down

Aneesh Chopra will step down from his position as the United States chief technology officer. The move is expected to be imminent and, while it’s unclear what Chopra’s next step will be, Fedscoop says sources have speculated Chopra is interested in running for political office or working as the head of a major technology firm in the Washington, D.C. area. Chopra was appointed U.S. CTO in April 2009 by President Obama. Fedscoop said possible replacements for Chopra’s position include Veteran Affairs CTO Peter Levin, Homeland Security chief information officer Richard Spires or Department of Health and Human Services CTO Todd Park. More →

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