People: Loral Space & Communications Inc (LORL.OQ)

LORL.OQ on NASDAQ Stock Exchange Global Select Market

70.10USD
23 Oct 2014
Price Change (% chg)

$1.79 (+2.62%)
Prev Close
$68.31
Open
$68.80
Day's High
$70.51
Day's Low
$68.80
Volume
12,159
Avg. Vol
--
52-wk High
--
52-wk Low
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Summary

Name Age Since Current Position

Mark Rachesky

55 2006 Independent Non-Executive Chairman of the Board

Avi Katz

54 2012 President, General Counsel, Secretary

Michael Targoff

69 2012 Vice Chairman of the Board

John Capogrossi

59 2013 Chief Financial Officer, Vice President, Controller, Treasurer

Hal Goldstein

47 2005 Independent Director

John Harkey

53 2005 Independent Director

Arthur Simon

82 2005 Independent Director

John Stenbit

74 2006 Independent Director

Biographies

Name Description

Mark Rachesky

Dr. Mark H. Rachesky is an Independent Non-Executive Chairman of the Board of Loral Space & Communications Inc., since March 1, 2006. Dr. Rachesky has been non-executive Chairman of the Board of Directors of Loral since March 1, 2006. Dr. Rachesky also has been non-executive Chairman of the Board and a member of the Compensation and Corporate Governance Committee of Telesat, since the Company acquired its interest in Telesat Holdings in October 2007. Dr. Rachesky founded 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 President, General Counsel, Secretary of Loral Space and Communications Inc., since since December 2012. He was Senior Vice President, General Counsel and Secretary from January 2008 to December 2012. Vice President, General Counsel and Secretary from November 2005 to January 2008.

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 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 Vice President and Controller since January 2008. 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 an Independent Director of Loral Space & Communications Inc., since November 23, 2005. Mr. Goldstein is an independent investor. From 1996 to May 2012, Mr. Goldstein served MHR Fund Management LLC (“MHR”) in various capacities, including as a managing principal.

John Harkey

Mr. John D. Harkey is an 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 an Independent Director of Loral Space & Communications Inc., since November 23, 2005. 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 Loral Space & Communications Inc., since June 14, 2006. Mr. Stenbit is a consultant for various government and commercial clients. Mr. Stenbit is 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. He is Director of Director and member of the Nominating and Corporate Governance and Compensation and Human Resources Committees of ViaSat, Inc.

Basic Compensation

Name Fiscal Year Total

Mark Rachesky

--

Avi Katz

1,713,250

Michael Targoff

10,068,600

John Capogrossi

922,973

Hal Goldstein

--

John Harkey

--

Arthur Simon

--

John Stenbit

--
As Of 30 Dec 2012

Options Compensation

Name Options Value

Mark Rachesky

0 0

Avi Katz

127,590 2,847,940

Michael Targoff

131,510 5,679,670

John Capogrossi

26,250 1,199,940

Hal Goldstein

0 0

John Harkey

0 0

Arthur Simon

0 0

John Stenbit

0 0
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