Search Results for: Jeffrey Tarr

Noblis’ Roger Mason Joins DigitalGlobe Board; Jeffrey Tarr Comments

Roger Mason, senior vice president of national security and intelligence at nonprofit research company Noblis, has received an appointment to serve on the board of directors at DigitalGlobe (NYSE: DGI). DigitalGlobe said Wednesday Mason will succeed Martin Faga, who plans to retire from the board at the end of the month after more than …

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Gary Ferrera to Join DigitalGlobe as EVP, CFO; Jeffrey Tarr Comments

Gary Ferrera, formerly chief financial officer at Intrawest Resort Holdings (NYSE: SNOW), will join DigitalGlobe (NYSE: DGI) on Mar. 9 as executive vice president and CFO. Interim CFO Fred Graffam will continue in this role and assume full-time duties as vice president for financial planning and analysis in March,  DigitalGlobe said Wednesday. Jeffrey Tarr,  DigitalGlobe CEO, …

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Fred Graffam Takes Additional Role as DigitalGlobe Interim CFO; Jeffrey Tarr Comments

Fred Graffam has assumed the role of interim chief financial officer at DigitalGlobe (NYSE: DGI) in addition to his position as vice president of financial planning and analysis. Graffam takes the additional role as the company continues to scout for the replacement of Yancey Spruill,  DigitalGlobe said Wednesday. “Fred’s experience, coupled with the deep …

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Jeffrey Tarr: DigitalGlobe to Repurchase Shares, Explore M&A

Jeffrey Tarr, CEO of DigitalGlobe (NYSE: DGI), has outlined the company’s strategies to build shareholder value over time following the release of its financial results for the second fiscal quarter. Tarr said Thursday DigitalGlobe is looking into mergers and acquisitions as it executes a $75 million share repurchase plan within the next two years. For the quarter ended June …

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Jeffrey Tarr: DigitalGlobe Receives Gov’t Approval for High-Res Imagery Sales

DigitalGlobe (NYSE: DGI) has obtained permission from the U.S. Commerce Department to start offering customers high-resolution photos generated by the company’s earth imagery satellite constellation. The federal authorization will enable DigitalGlobe to sell up to 0.25-meter panchromatic resolution images as well as multi-spectral images at a 1-meter ground sample distance …

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Jeffrey Tarr: DigitalGlobe Achieved Double-Digit Growth in Q1

DigitalGlobe (NYSE: DGI) gained $156.5 million in revenue during the first quarter of its 2014 fiscal year ending March 31, representing a 23-percent year-over-year increase. Jeffrey Tarr, CEO of DigitalGlobe, said Thursday the company generated double-digit revenue growth in part due to expansion in its U.S. and government businesses worldwide, as …

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Yancey Spruill to Leave DigitalGlobe as CFO; Jeffrey Tarr Comments

Yancey Spruill, chief financial officer at DigitalGlobe (NYSE: DGI), is set to depart his role on Oct. 1 after a 10-year career at the company. The geospatial imagery provider will work with Heidrick & Struggles to scout for Spruill’s successor, DigitalGlobe said Thursday. “Yancey’s contributions to DigitalGlobe over the last decade have …

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DigitalGlobe Buys Digital Imagery Provider Spatial Energy; Jeffrey Tarr Comments

DigitalGlobe (NYSE: DGI) has moved to grow its presence in the oil and gas market by acquiring digital imagery provider Spatial Energy for an undisclosed amount. Energy companies use Spatial Energy’s geospatial tools and services to manage exploration and production projects, DigitalGlobe said Wednesday. Jeffrey Tarr, CEO of DigitalGlobe, said …

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DigitalGlobe, GeoEye Complete Merger; Jeffrey Tarr Comments

DigitalGlobe (NYSE: DGI) and  (NASDAQ: GEOY) have completed their $900 million cash-and-stock merger, DigitalGlobe said Thursday. Both companies announced the transaction in July 2012, saying they are aiming to grow in the commercial and international markets and depend less on the U.S. government for revenue. “I look forward to working closely with …

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DigitalGlobe Turns Down GeoEye $792M Takeover Bid; Jeffrey Tarr Comments

DigitalGlobe Inc. (NYSE: DGI) has turned down GeoEye Inc.’s (NASDAQ: GEOY) acquisition offer of approximately $792 million in cash and stock, or $17 per share. In a Sunday announcement, DigitalGlobe, a producer of earth imagery, said its board of directors felt GeoEye undervalued DigitalGlobe and its financial and operating performance. DigitalGlobe …

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