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AST SpaceMobile Announces Board of Directors Changes

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AST SpaceMobile Announces Board of Directors Changes

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AST SpaceMobile ( (ASTS) ) has issued an announcement.

On January 29, 2025, AST SpaceMobile, Inc. experienced changes in its Board of Directors with the resignation of Christopher Sambar, who was a designee of AT&T Venture Investments, LLC. His resignation was not due to any disagreements with the company. Keith Larson was appointed as a new director by AT&T, effective January 30, 2025, to fill the vacancy created by Sambar’s resignation. Larson, who has a rich history in strategic investment roles, declined compensation for his board service. Additionally, Andrew Johnson, who has been serving as the company’s CFO and CLO since 2024, was appointed as a director to fill another existing vacancy, bringing his extensive legal and business experience to the board.

More about AST SpaceMobile

YTD Price Performance: -6.47%

Average Trading Volume: 9,255,993

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.86B

Learn more about ASTS stock on TipRanks’ Stock Analysis page.

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