People: Loral Space & Communications Inc (LORL.O)
LORL.O on Nasdaq
60.10USD
21 May 2013
60.10USD
21 May 2013
Price Change (% chg)
$-0.25 (-0.41%)
$-0.25 (-0.41%)
Prev Close
$60.97
$60.97
Open
$60.53
$60.53
Day's High
$60.76
$60.76
Day's Low
$59.13
$59.13
Volume
60,700
60,700
Avg. Vol
72,138
72,138
52-wk High
$85.84
$85.84
52-wk Low
$51.91
$51.91
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Mark Rachesky |
2006 | Independent Non-Executive Chairman of the Board | |
Avi Katz |
54 | 2012 | President, General Counsel, Secretary |
Michael Targoff |
2012 | Vice Chairman of the Board | |
John Capogrossi |
59 | 2013 | Chief Financial Officer, Vice President, Controller, Treasurer |
Hal Goldstein |
2005 | Independent Director | |
John Harkey |
52 | 2005 | Independent Director |
Arthur Simon |
81 | 2005 | Independent Director |
John Stenbit |
72 | 2006 | Independent Director |
Biographies
| Name | Description |
|---|---|
Mark Rachesky |
Dr. Mark H. Rachesky, M.D., is Independent Non-Executive Chairman of the Board of Loral Space & Communications Inc., since March 1, 2006. Dr. Rachesky also has been non-executive Chairman of the Board and a member of the Compensation Committee 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 is a co-founder of MHR and has been its President since 1996. Other Directorships: Director of NationsHealth Inc. and Neose Technologies, Inc. |
Avi Katz |
Mr. Avi Katz is President, General Counsel, Secretary of Loral Space and Communications Inc. He was appointed as President of the Company effective as of December 14, 2012. Mr. Katz has served as Senior Vice President, General Counsel and Secretary since January 2008. Prior to that, he served as Vice President, General Counsel and Secretary of the Company since November 2005. |
Michael Targoff |
Mr. Michael B. Targoff is Vice Chairman of the Board of Loral Space and Communications Inc. He served as President, Chief Executive Officer of the Company until December 14, 2012. Mr. Targoff has been Chief Executive Officer of Loral since March 1, 2006, President since January 8, 2008 and Vice Chairman of Loral since November 21, 2005. Mr. Targoff also has been a Director and member of the Audit Committee of Telesat since the Company acquired its interest in Telesat Holdings in October 2007. From 1998 to February 2006, Mr. Targoff was founder and principal of Michael B. Targoff & Co., a private investment company. Other Directorships: Director, Chairman of the Audit Committee and member of the Compensation Committee and Nominating and Corporate Governance Committee of Leap Wireless International, Inc. |
John Capogrossi |
Mr. John Capogrossi is Chief Financial Officer, Vice President, Controller, Treasurer of Loral Space & Communications Inc. He was appointed as Chief Financial Officer and Treasurer of the Company effective as of March 15, 2013. He has been Vice President and Controller of the Company since January 2008. He served as the Executive Director, Financial Planning and Analysis, from October 2006 to January 2008. Assistant Controller from November 2005 to October 2006. |
Hal Goldstein |
Mr. Hal Goldstein is Independent Director of Loral Space & Communications Inc., since November 23, 2005. Mr. Goldstein is a co-founder of MHR Fund Management LLC (“MHR”) and is currently a managing principal of MHR. Mr. Goldstein has served MHR in various capacities 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. |
John Harkey |
Mr. John D. Harkey, Jr., is Independent Director of Loral Space & Communications Inc., since November 23, 2005. 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 Independent Director of Loral Space & Communications Inc., since November 23, 2005. Mr. Simon is an independent consultant. Before his retirement, Mr. Simon was a partner at Coopers & Lybrand L.L.P., Certified Public Accountants, from 1968 to 1994. |
John Stenbit |
Mr. John P. Stenbit is Independent Director of Loral Space & Communications Inc., since June 14, 2006. 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 Missile Defense Agency, the Defense Intelligence Agency, 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. Other Directorships: Director and member of the Governance and Nominating and Audit Committees of SM&A Corporation; Director and member of the Corporate Governance and Compensation Committees of SI International, Inc.; Director and member of the Nominating and Corporate Governance, Audit and Compensation Committees of Cogent, Inc. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Mark Rachesky |
-- |
Avi Katz |
1,155,870 |
Michael Targoff |
3,563,890 |
John Capogrossi |
-- |
Hal Goldstein |
-- |
John Harkey |
-- |
Arthur Simon |
-- |
John Stenbit |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Mark Rachesky |
0 | 0 |
Avi Katz |
77,590 | 232,050 |
Michael Targoff |
631,952 | 571,377,024 |
John Capogrossi |
0 | 0 |
Hal Goldstein |
0 | 0 |
John Harkey |
0 | 0 |
Arthur Simon |
0 | 0 |
John Stenbit |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
TARGOFF MICHAEL B |
50,916 | $61.10 |
REIN HARVEY B |
1,000 | $59.00 |
REIN HARVEY B |
1,000 | $58.15 |
KATZ AVI L |
7,520 | $58.00 |
KATZ AVI L |
400 | $58.16 |
KATZ AVI L |
1 | $58.19 |
REIN HARVEY B |
1,000 | $58.57 |
TARGOFF MICHAEL B |
24,949 | $56.62 |
TARGOFF MICHAEL B |
187,671 | $56.62 |
STENBIT JOHN P |
6,000 | $0.00 |
STENBIT JOHN P |
6,000 | $0.00 |
MASTOLONI RICHARD P |
915 | $54.99 |
REIN HARVEY B |
1,000 | $54.50 |
MASTOLONI RICHARD P |
4,775 | $54.48 |
MASTOLONI RICHARD P |
3,000 | $54.13 |
KATZ AVI L |
3,000 | $54.00 |
REIN HARVEY B |
218 | $54.00 |
REIN HARVEY B |
500 | $54.25 |
KATZ AVI L |
100 | $53.83 |
KATZ AVI L |
3,000 | $54.00 |
KATZ AVI L |
2,900 | $53.82 |
TARGOFF MICHAEL B |
300,000 | $82.01 |
MASTOLONI RICHARD P |
3,612 | $84.23 |
KATZ AVI L |
100 | $85.59 |
TARGOFF MICHAEL B |
25,894 | $0.00 |

