Shake Up (And Smart Moves) at Spacehab

Spacehab Announces Results of Annual Shareholders Meeting

“After over a decade of service to SPACEHAB, President and Chief Executive Officer Michael E. Kearney announced his decision to retire from the Company effective December 31, 2006. … Thomas B. Pickens, III will be the new President and Chief Executive Officer beginning January 1, 2007. Pickens brings 23 years of entrepreneurial experience with an excellent track record for creating and unleashing value for many companies over the years. He has served as a member of the SPACEHAB Board since 2003 and has been the Chairman of the Market Opportunity and Mergers and Acquisitions Committee since March 2006.”