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Loral Space & Communications Inc (LORL.OQ)

LORL.OQ on NASDAQ Stock Exchange Global Select Market

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Summary

Name Age Since Current Position

Mark Rachesky

58 2006 Independent Non-Executive Chairman of the Board,

Avi Katz

58 2012 President, General Counsel, Secretary

Michael Targoff

72 2012 Vice Chairman of the Board

John Capogrossi

63 2016 Chief Financial Officer, Vice President, Treasurer

Ravinder Girgla

53 2016 Vice President, Controller

John Harkey

56 2005 Independent Director

Arthur Simon

85 2005 Independent Director

John Stenbit

77 2006 Independent Director

Janet Yeung

52 2015 Independent Director

Biographies

Name Description

Mark Rachesky

Dr. Mark H. Rachesky is an Independent Non-Executive Chairman of the Board of the Company. Dr. Rachesky also has been non-executive Chairman of the Board and a member of the Compensation and Corporate Governance Committee of Telesat Canada (“Telesat”), a subsidiary of Telesat Holdings Inc. (“Telesat Holdings”), since the Company acquired its interest in Telesat Holdings in October 2007. Dr. Rachesky founded MHR Fund Management LLC (“MHR”) and has been its President since 1996. MHR is an investment manager of various private investment funds that invest in inefficient market sectors, including special situation equities and distressed investments.

Avi Katz

Mr. Avi Katz is a President, General Counsel, Secretary of the Company. since December 2012. He was Senior Vice President, General Counsel and Secretary from January 2008 to December 2012.

Michael Targoff

Mr. Michael B. Targoff is Vice Chairman of the Board of the Company. Mr. Targoff has been Vice Chairman of Loral since November 21, 2005 and a consultant to the Company since December 15, 2012. Mr. Targoff was Chief Executive Officer of Loral from March 1, 2006 to December 14, 2012 and President of Loral from January 8, 2008 to December 14, 2012. Mr. Targoff also has been a Director and member of the Audit Committee of Telesat Canada (“Telesat”) since the Company acquired its interest in Telesat in October 2007. From 1998 to February 2006, Mr. Targoff was founder and principal of Michael B. Targoff & Co., a private investment company.

John Capogrossi

Mr. John Capogrossi is a Chief Financial Officer, Vice President, Treasurer of the Company. He was Vice President, Chief Financial Officer, Treasurer and Controller from March 2013 to January 2016. Vice President and Controller from January 2008 to March 2013.

Ravinder Girgla

Mr. Ravinder Singh Girgla is a Vice President and Controller of the Company. Mr. Girgla has served as Deputy Controller from February 2013 to January 2016. Assistant Controller from July 2008 to February 2013.

John Harkey

Mr. John D. Harkey is Independent Director of the Company. He has been Chairman and Chief Executive Officer of Consolidated Restaurant Companies, Inc. since 1998. Other Directorships: Director and Chairman of the Audit Committee of Energy Transfer Equity, L.P.; Director of Emisphere Technologies, Inc.; Director and member of the Nominating and Corporate Governance Committee of Leap Wireless International, Inc.; Chairman of the Board and member of the Audit Committee of Regency Energy Partners LP.

Arthur Simon

Mr. Arthur L. Simon is an Independent Director of the Company. Mr. Simon is retired. Before his retirement, Mr. Simon was a partner at Coopers & Lybrand L.L.P., Certified Public Accountants, from 1968 to 1994. He is Director of Director and member of the Audit and Corporate Governance Committees of L-3 Communications Corporation.

John Stenbit

Mr. John P. Stenbit is an Independent Director of the Company. Mr. Stenbit is a consultant for various government and commercial clients. Mr. Stenbit is also Director and Chairman of the Audit Committee of Defense Group Inc., a private corporation, a Trustee of The Mitre Corp., a not-for-profit corporation, and a member of the Advisory Boards of the National Security Agency and the Science Advisory Group of the US Strategic Command. From 2001 to his retirement in March 2004, he was Assistant Secretary of Defense of Networks and Information Integration/Department of Defense Chief Information Officer.

Janet Yeung

Ms. Janet T. Yeung is Independent Director of the Company. Since May 2012, Ms. Yeung has been Principal and General Counsel of MHR. From July 2008 to May 2012, Ms. Yeung was Principal and Counsel of MHR. From 2000 to June 2008, Ms. Yeung was Vice President and Deputy General Counsel of Loral and its predecessor.

Basic Compensation

Name Fiscal Year Total

Mark Rachesky

84,000

Avi Katz

1,268,030

Michael Targoff

1,515,000

John Capogrossi

876,472

Ravinder Girgla

423,588

John Harkey

150,000

Arthur Simon

153,000

John Stenbit

142,500

Janet Yeung

79,000
As Of  30 Dec 2016

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