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Stock impact report

Fornetix Eyes Rapid Growth After Welcoming New Chief Executive Officer

Loral Space and Communications, Inc. (LORL) 
US:NASDAQ Investor Relations: loral.com/investors/overview/default.aspx
Company Research Source: PR Web
FREDERICK, Md. (PRWEB) September 05, 2019 Fornetix, an industry pioneer in enterprise encryption management technology, is pleased to publicly announce Mark P. Gilroy as the company's new Chief Executive Officer. Mr. Gilroy joined the Fornetix team last October in an interim role, during which time he brought considerable experience, passion, and momentum to the unique encryption solutions being delivered by Fornetix."The Board of Directors is delighted to welcome Mark to the Fornetix family. After a thorough search process involving a number of fantastic candidates, it was clear that Mark stood out as someone who could drive a new culture of growth at Fornetix," says Douglas Jacobsen, Chairman of the Fornetix Board. "Mark's diverse background in multiple industries brings a level of business perspective that has already proven invaluable to our team."Prior to taking the helm at Fornetix, Mr. Gilroy has been a global executive for over 20 years in the satellite, telecommunication, an Show less Read more
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