February 17, 2010 (FinancialWire) — TerreStar Corp. (NASDAQ: TSTR) said that Jeffrey W. Epstein has added chief executive officer duties to his position at TerreStar and its subsidiaries, and has assumed the title of president and CEO. Epstein has served as president of TerreStar since April 2008.

The company’s board also promoted Vincent Loiacono to chief financial officer of TerreStar and its subsidiaries. Loiacono has been TerreStar’s chief accounting officer since November 2008.

Virginia-based TerreStar engages in the integrated satellite wireless communications business in North America. It is the controlling shareholder of TerreStar Networks and TerreStar Global.

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