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Dr. Paul E. Jacobs received $1.0M in total compensation as Chief Executive Officer of Globalstar, Inc. in FY2024. The largest component was $500K in base salary. That’s down 97% from FY2023. Source: SEC DEF 14A.
In fiscal year 2024, Dr. Paul E. Jacobs, Chief Executive Officer of Globalstar, Inc. (GSAT), received total compensation of $1.0 million.
Dr. Paul E. Jacobs's compensation breakdown includes: base salary of $500K, bonus of $200K, stock awards valued at $300K, and other compensation of $9K.
Compared to fiscal year 2023, Dr. Paul E. Jacobs's total compensation decreased 97% from $36.2 million to $1.0 million.
Globalstar, Inc.'s top 3 named executive officers received combined total compensation of $2.4 million in fiscal year 2024.
The named executive officers disclosed in Globalstar, Inc.'s 2024 proxy statement are:Dr. Paul E. Jacobs (Chief Executive Officer) with total compensation of $1.0 million, Rebecca S. Clary (Vice President and Chief Financial Officer) with total compensation of $716K, and L. Barbee Ponder IV (General Counsel and Vice President of Regulatory Affairs) with total compensation of $705K.
Chief Executive Officer
30% equity · 69% cash · 1% other
Based on DEF 14A filed 2025-04-09 · FY2024
Team view
3 executives
Chief Executive Officer
Total PayFY2024
$1.0M
Vice President and Chief Financial Officer
Total PayFY2024
$716K
General Counsel and Vice President of Regulatory Affairs
Total PayFY2024
$705K
FY2024 total compensation breakdown
$1.0M total compensation
Dr. Paul E. Jacobs earned $1.0M in FY2024 — here's how that breaks down.
$500.0K
50% of total
$300.0K
30% of total
$200.0K
20% of total
$9.4K
1% of total
Activity timeline · FY2024
Recent events from filings
Apr 9, 2025
Rebecca S. Clary Equity award
Apr 9, 2025
L. Barbee Ponder IV Equity award
Mar 5, 2024
Dr. Paul E. Jacobs Equity award
Mar 5, 2024
Rebecca S. Clary Option Award
Mar 5, 2024
L. Barbee Ponder IV Option Award
Mar 5, 2024
Dr. Paul E. Jacobs grant (Equity)
An AI summary will appear here once the pay verdict loads above.
Pay changes vs. stock performance
Recent insider trades by officers and directors
~150 trades
For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2024 | Dr. Paul E. Jacobs Chief Executive Officer | $0.50M | $0.20M | $0.30M | $0.00M | $0.01M | $1.01M |
| 2023 | Dr. Paul E. Jacobs Chief Executive Officer | $0.14M | $0.00M | $36.1M | $0.00M | $0.00M | $36.2M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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