BNET Industries

Loral Space & Communications Ltd.

(LORL) is in the Technology Industry

Market Cap:$676.4M
Last Fiscal Year Sales:$882.4M
  • Public
  • US
Dow Jones Description

Loral orbits above its competitors. Founded in 1996 and headquartered in New York, NY, Loral Space & Communications Ltd. (NASDAQ: LORL) is a satellite communications firm. The company operates in two segments: Satellite Manufacturing and Satellite Services. It owns and operates a network of satellites for television and radio broadcast, weather observation, and data distribution. It also designs and manufactures satellites and their systems and components. It sells its products and services in North America, Europe, and Asia. The company has annual revenues of about $626 million and employs about 1,700 people. In 2005, it emerged from Chapter 11 bankruptcy and it delivered five satellites, including iPSTAR, the largest commercial communications satellite ever placed into orbit.

Vice Chairman & CEO
Michael B. Targoff
Number of Employees 2,300
Contact Information

600 3rd Ave

New York, New York 10016

www.loral.com

(212) 697-1105

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

News & Analysis

loral space & communications ltd. - All News and Analysis

Decision Makers

Name (plus bio) Position
Eric J. Zahler President
Richard J. Townsend CFO & Executive Vice President
Arnold Friedman Senior Vice President, Sales, Marketing, Worldwide
Robert Berry Senior Vice President
Avi Katz General Counsel, Vice President & Secretary
Barry Sitler Vice President, Tax
C. Patrick Dewitt Vice President
Donald Kutyna Vice President, Space Technology
Harvey B. Rein Vice President & Controller
Janet Yeung Vice President, Deputy General Counsel & Assistant Secretary
Jeanette H. Clonan Vice President, Communications, Investor Relations
Jonathan P Kirchner Vice President, Business Development, Marketing
Laurence Atlas Vice President, Govt Relations & Telecommun
Patrick DeWitt Vice President
Patrick K. Brant Vice President
Richard P. Mastoloni Vice President
Russell Mack Vice President, Business Ventures
Stephen Jackson Vice President, Admin
Terry J. Hart Vice President
John McCarthy Director, Communications
C Patrick
Chris Hoeber
John Celli
John Stack Assistant Treasurer
Larry Wray
Lisa Stein Assistant Secretary

Board of Directors

Name (plus bio) Position
Michael B. Targoff Vice Chairman & CEO
Mark H. Rachesky Chairman
Arthur L. Simon Board of Directors
Bernard L. Schwartz Board of Directors
Charles Lazarus Board of Directors
Daniel Yankelovich Board of Directors
Dean Olmstead Board of Directors
E. Donald Shapiro Board of Directors
Gershon Kekst Board of Directors
Hal Goldstein Board of Directors
John D. Harkey Jr. Board Director
John P. Stenbit Member, Board of Directors
Malvin A. Ruderman Board of Directors
Robert B. Hodes Board of Directors
Sai S. Devabhaktuni Board of Directors
Sally Minard Board of Directors

Michael B. Targoff is chief executive officer and president of Loral Space & Communications Inc. (NASDAQ: LORL), headquartered in New York City. He is also vice chairman of Loral's Board of Directors and serves on the Board's executive committee. Mr. Targoff was named chief executive officer in 2006 and became president in January 2008. He originally joined Loral in 1981 and served as senior vice president and general counsel until January 1996, when he was elected president and chief operating officer of the newly formed Loral Space & Communications. He founded Michael B. Targoff & Co., in 1998 and served as principal until February 2006. The firm, which invested in telecommunications and related industry early stage companies. Mr. Targoff is chairman of the board of CPI International, Inc, a director of ViaSat, Inc. (NASDAQ: VSAT) and a director of Leap Wireless International, Inc. (NASDAQ: LEAP). He is chairman of the audit committee of LEAP and a member of the audit committee of CPI International. Mr. Targoff is also chairman of the board of directors of three small private telecom companies. Prior to joining Loral in 1981, Mr. Targoff was a partner in the New York City law firm, Willkie Farr & Gallagher. Mr. Targoff attended Brown University, where he received a Bachelor of Arts degree in 1966 and he earned a doctor of jurisprudence degree degree from the Columbia University School of Law in 1969. He was a Harlan Fiske Stone Scholar and editor of the Columbia Journal of Law & Social Problems.

Organization Position Status
Loral Space & Communications, Inc. Vice Chairman & CEO Current
Leap Wireless International, Inc. Chairman Current
CPI International, Inc. Chairman Current
ViaSat, Inc. Board of Directors Current
Cricket Unlimited Director Current
Leap Wireless International, Inc. Board Member Current
Audible Magic Corporation Board of Directors Current
Infocrossing, Inc. Board Member Current
Booksfree.Com, Inc. Director Current
Vsat Networks Director Current
Space Systems/Loral, Inc. Chief Executive Officer, Loral Space & Communications Current
Loral Skynet Vice Chairman and Chief Executive Officer Former
Loral Space & Communications, Inc. President Former
Loral Space & Communications, Inc. Chief Operating Officer Former
Loral Space & Communications, Inc. Senior Vice President Former
Loral Corporation Senior Vice President Former
Willkie Farr & Gallagher Llp Partner Former
Columbia Journal of Law and Social Problems Hamilton Fisk Scholar Former
Loral Space & Communications, Inc. General Counsel Former
Columbia Journal of Law and Social Problems Editor Former
CPI Corporation Chairman Former
Loral Skynet Board of Directors Former
Loral Corporation Secretary Former
CPI International, Inc. Board Member Former
Columbia University Law School J.D. Former
Columbia University J.D. Degree Former
Columbia University Bachelor of Arts degree Former
Brown University B.A. Degree Former

Organization Position Status
Loral Space & Communications, Inc. President Current

Organization Position Status
Loral Space & Communications, Inc. CFO & Executive Vice President Current
Loral Space & Communications, Inc. Board of Directors Current

Organization Position Status
Loral Space & Communications, Inc. Senior Vice President, Sales, Marketing, Worldwide Current
Space Systems/Loral, Inc. Senior Vice President of Marketing and Sales Current
Space Systems/Loral, Inc. Sales Executive Current
Xtar, LLC Board of Directors Current
Space Systems/Loral, Inc. Vice President, Ventures Former
Ssl vice president, ventures Former

Organization Position Status
Loral Space & Communications, Inc. Senior Vice President Current
Space Systems/Loral, Inc. President Former
Ssl president Former
Space Systems/Loral, Inc. Chairman Current

Organization Position Status
Loral Space & Communications, Inc. General Counsel, Vice President & Secretary Current

Organization Position Status
Loral Space & Communications, Inc. Vice President, Tax Current

Organization Position Status
Loral Space & Communications, Inc. Vice President Current

Organization Position Status
Loral Space & Communications, Inc. Vice President, Space Technology Current

Organization Position Status
Loral Space & Communications, Inc. Vice President & Controller Current
Loral Space & Communications, Inc. Board of Directors Current

Organization Position Status
Loral Space & Communications, Inc. Vice President, Deputy General Counsel & Assistant Secretary Current

Organization Position Status
Loral Space & Communications, Inc. Vice President, Communications, Investor Relations Current

Organization Position Status
Loral Space & Communications, Inc. Vice President, Business Development, Marketing Current
Loral Skynet Vice President, Marketing & Business Dev Current
CNN Worldwide Former
Time Warner Inc. Former

Organization Position Status
Loral Space & Communications, Inc. Vice President, Govt Relations & Telecommun Current

Organization Position Status
Loral Space & Communications, Inc. Vice President Current

Organization Position Status
Lavell Systems Inc. Board Member, President & Chief Executive Officer Current
Skyport Global Communications, Inc. President, CEO & Board Member Former
Loral Space & Communications, Inc. Vice President Current
Loral Skynet President Former
FSS Co. Inc. Former
University of Maryland bachelor's in economics Former

Organization Position Status
Loral Space & Communications, Inc. Vice President Current

Organization Position Status
Loral Space & Communications, Inc. Vice President, Business Ventures Current

Organization Position Status
Loral Space & Communications, Inc. Vice President, Admin Current

Organization Position Status
Loral Space & Communications, Inc. Vice President Current

Organization Position Status
Loral Space & Communications, Inc. Director, Communications Current
Loral Space & Communications, Inc. Director, Communications Former

Organization Position Status
Loral Space & Communications, Inc. Current
Space Systems/Loral, Inc. president Former
Ssl Former
San Jose State University Bachelor of Science degree in business administration Former

Organization Position Status
Space Systems/Loral, Inc. Senior Vice President, Program Management & Systems Engineering Current
Loral Space & Communications, Inc. Current
Ssl vice president of business development Former
Space Systems/Loral, Inc. Vice President of Business Development Former
Cornell University degrees in electrical engineering Former

Organization Position Status
Space Systems/Loral, Inc. Data Processing Executive Current
Loral Space & Communications, Inc. Current
Space Systems/Loral, Inc. President Current
Ssl executive director Former
University of Rome Master's Degree In Mechanical Engineering Former
University of Rome degrees in mechanical engineering Former

Organization Position Status
Loral Space & Communications, Inc. Assistant Treasurer Current

Organization Position Status
Space Systems/Loral, Inc. Vice President, Product Assurance Current
Loral Space & Communications, Inc. Current
General Dynamics Corporation Director of Systems Engineering over ten years Former
Space Systems/Loral, Inc. Ethics Officer Former
General Dynamics Corporation engineer Former
University of California, Los Angeles Masters Degrees Former

Organization Position Status
Loral Space & Communications, Inc. Assistant Secretary Current

Organization Position Status
NationsHealth, Inc. Co-Founder Current
East Coast Diabetic Supply Co-Founder Current
Neose Technologies, Inc. Board of Directors Current
Loral Space & Communications, Inc. Chairman Current
Telesat Canada Non-Executive Chairman of the Board Current
Leap Wireless International, Inc. Member and Chairman Current
NationsHealth, Inc. Board of Directors Current
Keryx Biopharmaceuticals, Inc. Director Current
NovaDel Pharma Inc. Board of Directors Current
Lions Gate Entertainment Corp. Board of Directors Current
Emisphere Technologies, Inc. Board of Directors Current
East Coast Diabetic Supply Board of Directors Current
Leap Wireless International, Inc. Board of Directors Former
Stanford University School of Medicine M.D. Former
Stanford University M.B.A. Former
University of Pennsylvania BS Former

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.

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Organization Position Status
Space Systems/Loral, Inc. Current
Loral Skynet Current
Loral Space & Communications, Inc. Board of Directors Current
Loral Space & Communications, Inc. Chairman & CEO Former
Loral Corporation CEO Former
Loral Corporation chairman Former

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Mr. Goldstein is a co-founder of MHR and is currently a managing principal of MHR. Mr. Goldstein has served MHR in various capacities since 1996.

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Organization Position Status
Cracken, Harkey & Co Chief Executive Officer Current
Cracken, Harkey, Street & Hartnett, LLP CEO Current
Cracken, Harkey & Co Partner Current
Emisphere Technologies, Inc. Chairman Current
Loral Space & Communications, Inc. Board Director Current
Pizza Inn, Inc. Board Director Current
Young Presidents' Organization Board of Directors Current
Cricket Unlimited Director Current
Cracken, Harkey, Street & Hartnett, LLP Vice Chairman Current
Emisphere Technologies, Inc. Board Director Current
Leap Wireless International, Inc. Board Director Current
Fox & Hound Restaurant Group Board of Directors Current
Energy Transfer Partners, L.P. Board Director Current
Leap Wireless International, Inc. Audit Committee Member Current
Cricket Unlimited Chairman and Chief Executive Officer Former
Capstone Partners, Inc. Managing Director Former
Capstone Capital, LLC Managing Director Former
Capstone Capital, LLC Founder Former
Capstone Partners, Inc. Founder Former
The University of Texas J.D Former
The University of Texas at Austin J.D. Former
University of Texas School of Law J.D. Former
The University of Texas B.B.A Former
The University of Texas at Austin B.B.A. With Honors Former

Organization Position Status
Groove Networks, Inc. Is A Director Current
Cogent, Inc. Is A Director Current
SI International, Inc. Is A Director Current
ManTech MBI, Inc. Is A Director Current
Aetc Incorporated Is A Director Current
Viasat Is A Director Current
Defense Group, Inc. Is A Director Current
ManTech MBI, Inc. Consultant Current
Mercator Partners, LLC Advisor Current
National Security Agency Member, Advisory Board Current
Nexql Corporation Board of Directors Current
Groove Networks, Inc. Director Current
Defense Group, Inc. Board of Directors Current
Alliantgsa Board of Directors Current
Viasat Director Current
Logtec, Inc. Board of Directors Current
Aetc Incorporated Director Current
Biowarn LLC Board of Directors Current
SI International, Inc. Member, Board of Directors Current
SM&A Corporation Director Current
Defense Science LLC Board of Directors Current
Loral Space & Communications, Inc. Member, Board of Directors Current
Vsat Networks Director Current
The Mitre Corporation Board of Directors Current
ViaSat, Inc. Director Current
Link-16 and International Director Current
Cogent, Inc. Member, Board of Directors Current
TRW, Inc. Executive Vice President Former
Information Integration, LLC Assistant Secretary Former
Control, Inc Assistant Secretary Former
The Aerospace Corporation Fellow Former
SI International, Inc. Consultant Current
Viasat Consultant Former
Groove Networks, Inc. Consultant Former
Intelligence, Inc. Board of Directors Former
ManTech MBI, Inc. Director Former
Information Integration, LLC Board of Directors Former
Co-Defense Board of Directors Former
Control, Inc Board of Directors Former
California Inc M.S. Degree In Electrical Engineering Former
California Institute of Technology M.S. degree in electrical engineering Former
California Inc B.S. Degree In Engineering Former
California Institute of Technology degrees in electrical engineering Former
TRW, Inc. Member Former

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Mr. Devabhaktuni is currently a managing principal of MHR, an investment manager of various private investment funds that invest in inefficient market sectors, including special situation equities and distressed investments. Mr. Devabhaktuni has served MHR in various capacities since 1998.

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Organization Position Status
Loral Space & Communications, Inc. Board of Directors Current

Executive News

  • TV boosts Lions Gate quarterly earnings

    FOX 43 - 8/11/09 - View Story

  • Loral Space & Communications Inc. Q2 2009 Earnings Call Transcript

    Seeking Alpha - 8/11/09 - View Story

  • Television delivers strong quarter for Lions Gate

    Los Angeles Times - 8/10/09 - View Story

  • Loral Reports Second Quarter 2009 Financial Results

    Yahoo! Canada - 8/10/09 - View Story

  • New Fund-Raising Reality for New Jersey Governor

    New York Times - 7/17/09 - View Story

  • For N.J. Governor, a New Fund-Raising Reality

    New York Times - 7/16/09 - View Story

  • Corzine Seeks Campaign Donations After a Decline in His Wealth

    New York Times - 7/16/09 - View Story

  • Corzine, His Wealth Dropping, Seeks Campaign Donations

    New York Times - 7/16/09 - View Story

  • Space Systems/Loral-Built Satellite for SIRIUS XM Radio Successfully Begins Post-Launch Maneuvers

    SpaceRef - 7/03/09 - View Story

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     LORL $33.24 +4.20 (14.46% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 50,239
Shares Outstanding 29.85M
Market Cap 992.4M
Year High 34.83
Year Low 6.02
Earnings Per Share -25.34
P/E Ratio -1.31
Dividend N/A
Yield N/A
IndustryTop Rated

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