Globecomm Announces Executive Leadership Changes

Globecomm Systems Inc. announced that Keith A. Hall is stepping down as Chief Executive Officer and that Current Chief Financial Officer, Jason D. Juranek, will serve as Interim Chief Executive Officer. The board has retained a leading global executive search firm to assist in the evaluation of both internal and external candidates. Mr. Hall will continue to be a resource for the Company during this interim period to ensure a smooth transition.

“We want to thank Keith for his leadership and dedication to Globecomm for nearly 20 years, including as CEO for the last two years,” said the Globecomm Board of Directors. “As we begin our comprehensive search for our next CEO, we are confident that Jason’s extensive industry experience, financial acumen, and in-depth knowledge of our business make him well suited to guide Globecomm in the months ahead.”

Mr. Juranek, who will also continue to serve as CFO said, “Our vision and strategy remains unchanged and we will continue to deliver outstanding solutions to government, industrial and commercial markets worldwide. I look forward to working with our talented team to support the Company in its next phase of development.”

Commenting on the announcement, Mr. Hall said, “I am honored to have had the opportunity to lead Globecomm and work with such an exceptional group of people. I wish Globecomm and its employees every continued success.”