Iridium Names Monique Shivanandan to Board of Directors

Rhea-AI Summary

Iridium Communications (NASDAQ: IRDM) has appointed Monique Shivanandan to its Board of Directors, effective June 17, 2025. Shivanandan currently serves as Group Chief Data & Analytics Officer at HSBC Holdings plc since May 2023, following her role as Chief Information Security Officer from July 2020. Her extensive experience includes executive positions at major financial institutions, including CIO roles at Chubb Group and Aviva plc, and CTO at Capital One. She also has telecommunications experience from BellSouth and BT Group. Currently chairing the board at Sepio, she previously served on boards of Network International and J.P. Morgan Securities. As an independent director, Shivanandan will serve on Iridium's Compensation Committee.

Positive

• Appointment brings extensive cybersecurity and technology expertise from major financial institutions
• Addition of board member with telecommunications industry experience
• Brings valuable public company board service experience
• Independent director status strengthens corporate governance

Negative

• None.

News Market Reaction

-2.61%

1 alert

-2.61% News Effect

On the day this news was published, IRDM declined 2.61%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MCLEAN, Va., June 17, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced the appointment of Monique Shivanandan to its Board of Directors, effective today.

Shivanandan has served as Group Chief Data & Analytics Officer at HSBC Holdings plc, a multinational financial services company, since May 2023, having previously served as Chief Information Security Officer at HSBC since July 2020. She served as a group Chief Information Officer at the Chubb Group of Insurance Companies from 2017 to 2020.

"Monique brings a wealth of experience from senior executive roles in cybersecurity at leading banking and financial institutions and valuable perspective from her time on public company board service," said Matt Desch, CEO, Iridium. "Add to that her early career roots in telecommunications, and it's clear she'll make meaningful contributions from day one. We're pleased to welcome her to Iridium's Board."

Shivanandan's earlier career experiences include serving as Chief Information Officer at insurance company Aviva plc and Chief Technology Officer at financial services company Capital One Financial Corporation. She has also held roles at telecommunication companies BellSouth and BT Group plc, a UK multinational telecommunications company. She is chairwoman of the board for Sepio, a cybersecurity asset risk management company. She previously served on the board of directors of Network International, a digital commerce solutions provider, from 2021 to 2024, serving on the audit, risk and tech, and compensation committees, and on the board of managers of J.P. Morgan Securities from 2014 to 2018, serving on the audit, risk and nominations committees.

Shivanandan is considered an independent director under applicable rules and regulations and will serve on the Compensation Committee. She is a graduate of Lehigh University with a BS Industrial Engineering.

To learn more about Iridium visit: www.iridium.com 

About Iridium Communications Inc.

Iridium^® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles and announced the Iridium Satellite Time and Location service. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services, and partner solutions, visit www.iridium.com.

Press Contact:	Investor Contact:
Jordan Hassin	Kenneth Levy
Iridium Communications Inc.	Iridium Communications Inc.
Jordan.Hassin@Iridium.com	Ken.Levy@Iridium.com
+1 (703) 287-7421	+1 (703) 287-7570

 

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SOURCE Iridium Communications Inc.

FAQ

Who is Monique Shivanandan and what is her role at Iridium Communications (IRDM)?

Monique Shivanandan is the newly appointed Board of Directors member at Iridium Communications, effective June 17, 2025. She will serve as an independent director on the Compensation Committee.

What is Monique Shivanandan's current position outside of Iridium (IRDM)?

Monique Shivanandan currently serves as Group Chief Data & Analytics Officer at HSBC Holdings plc, a position she has held since May 2023.

What are Monique Shivanandan's previous executive roles before joining IRDM's board?

She previously served as CISO at HSBC, CIO at Chubb Group and Aviva plc, and CTO at Capital One Financial Corporation. She also held roles at BellSouth and BT Group.

What board experience does Monique Shivanandan bring to Iridium (IRDM)?

She is currently chairwoman of Sepio's board and previously served on boards of Network International (2021-2024) and J.P. Morgan Securities (2014-2018), participating in various committees.