Business & Finance
Thu, July 28, 2011Wed, July 27, 2011Tue, July 26, 2011Mon, July 25, 2011Sun, July 24, 2011Sat, July 23, 2011Fri, July 22, 2011Thu, July 21, 2011Wed, July 20, 2011Tue, July 19, 2011Mon, July 18, 2011Sun, July 17, 2011Sat, July 16, 2011Fri, July 15, 2011Thu, July 14, 2011ICO Global Communications Name Change to Pendrell Corporation Becomes Effective Today
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Published in Business and Finance on Thursday, July 21st 2011 at 6:10 GMT by Market WireKIRKLAND, Wash.--([ BUSINESS WIRE ])--Pendrell Corporation (NASDAQ: PCO) (aPendrella or the aCompanya) announced today that its name change from ICO Global Communications (Holdings) Limited (NASDAQ: ICOG) has become effective. Starting tomorrow, the company will trade under the NASDAQ ticker symbol aPCO.a The Company is also announcing the appointment of Tom Neary as its chief financial officer.
"The addition of Tom Neary to our senior executive team, with his extensive finance and operations experience, will serve us well as we enter a new phase of our companya™s growth and development."
The Company announced its new name on June 16, 2011, and the notification period and regulatory review process for the change with the U.S. Securities and Exchange Commission (SEC) is now complete.
aThis is an important milestone for Pendrell as we pursue exciting new business opportunities,a commented Ben Wolff, chief executive officer of Pendrell. aThe addition of Tom Neary to our senior executive team, with his extensive finance and operations experience, will serve us well as we enter a new phase of our companya™s growth and development.a
Mr. Neary has more than 27 years of experience in finance, operations management and leadership roles for technology companies. Most recently, he served as executive vice president and chief financial officer for Coast Crane Corporation and as chief financial officer for MarketRange Corporation. He spent thirteen years in operations, finance and international roles for Microsoft Corporation.
The Company announced several executive appointments to its leadership team on July 7, including chief scientist (Robert Mechaley, Jr.), corporate counsel (Timothy Dozois) and chief people officer (Mark Fanning).
About Pendrell
Pendrell is headquartered in Kirkland, Washington. The Company trades on the NASDAQ stock exchange under the ticker symbol aPCO.a On June 20, 2011, the Company announced the acquisition of Ovidian Group, a leading global IP services and solutions firm. For more information, visit [ www.pendrell.com ].
