GeoEye CFO Named Public Company CFO of the Year

11 June 2010, 9:37pm

DULLES, Va., June 11 - GeoEye, Inc., a premier provider of superior satellite and aerial-based geospatial information and services, announced today that Chief Financial Officer Joseph (Joe) F. Greeves was awarded the Northern Virginia Technology Council's Public Company CFO of the Year title in a ceremony held June 9, 2010, at the Ritz-Carlton Hotel in McLean, Va.

The Council's CFO Awards recognize local chief financial officers and financial executives for outstanding achievement and excellence in promoting the area's technology community. Matt Swartz of Pillsbury Winthrop Shaw Pittman LLP presented the Public Company CFO of the Year Award to Greeves for outstanding contributions to GeoEye's performance and accomplishments from January 2009 to March 2010.

As executive vice president and CFO, Greeves manages and directs GeoEye's financial planning, corporate finance, accounting, fiscal reporting and public company disclosure requirements. Since becoming CFO in June 2009, Greeves has been instrumental in rebuilding GeoEye's financial reporting infrastructure. Greeves also led the expansion of and refinancing of GeoEye's $400 million in high-yield debt and managed an IRS appeal yielding the company a $40 million income tax receivable. In addition, Greeves led the process to obtain $215 million in financing commitments related to the Company's response to a request-for-proposal from the U.S. Government to build its next satellite, GeoEye-2.

Matt O'Connell, GeoEye chief executive officer and president, said, "Since arriving at GeoEye a year ago, Joe has built a strong financial team that has been instrumental in keeping pace with our rapid growth. This honor is well deserved."

GeoEye

Geo: International