Read the 10K...
On February 17, 2006, the Company announced that Sir Christopher Meyer, its
Non-Executive Chairman, had requested a change in his status, effective March
19, 2006, to that of an Independent Director. As a result of his current
professional obligations and commitments in the U.K., Sir Christopher had
advised the Board that he felt unable to commit the time to the Chairmanship of
GlobeTel that the company's shareholders had the right to expect.
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On March 20, 2006, Sir Christopher Meyer elected to step down completely from
GlobeTel's Board, after further considering the time that he had available to
devote to the Company.
On March 23, 2006, the Company announced that J. Randolph Dumas, Vice Chairman,
has been elected Chairman of the Board of Directors, succeeding Sir Christopher
Meyer, who remains with the Company as Chairman of the GlobeTel International
Advisory Board.
