Business Context and Reporting Period
This Form 8-K is a current report filed by GHL Acquisition Corp. on March 14, 2008. The filing addresses corporate governance changes under Item 5.02. Note: The input metadata references "Iridium Communications Inc.," but the filing text explicitly identifies the registrant as GHL Acquisition Corp.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statements or performance data.
Material Changes
- Departure of CFO: John D. Liu resigned from his position as Chief Financial Officer on March 14, 2008.
- Appointment of CFO: The Board of Directors appointed Harold J. Rodriguez, Jr. as the new Chief Financial Officer effective March 14, 2008.
Management Commentary and Background
Harold J. Rodriguez, Jr., age 52, served as the Company's Treasurer since its formation in November 2007. He also holds the title of Chief Administrative Officer at Greenhill and has served as Managing Director - Finance, Regulation and Operations, Chief Compliance Officer, and Treasurer there since January 2004. His prior experience includes serving as CFO of Greenhill (2000-2003), Executive Vice-President and CFO of MVL Group, Inc. (2000), and Vice President - Finance and Controller of Silgan Holdings, Inc. (1987-2000).
Investor Verification Checklist
- Verify the correct registrant name (GHL Acquisition Corp. vs. Iridium Communications Inc.) to ensure the correct entity is being analyzed.
- Confirm the effective date of Harold J. Rodriguez, Jr.'s appointment as CFO.
- Review the attached Exhibit 99.1 (Press Release dated March 19, 2008) for additional context on the leadership transition.
- Check subsequent filings for any financial impact or strategic shifts resulting from this management change.