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News | 04/29/2003 4:00 am EDT

Carmen Lloyd, president and CEO of Stratos Global Corp., has announced that he will retire from his position later this year. During the transition period and the search for a new chief executive, Stratos’ COO Jim Parm will take on greater day-to-day operational responsibilities. Lloyd, who will remain with the company until the board has completed the succession process, led Stratos through a challenging time where the company completed the integration of international assets.

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