Board of Directors

Mark H. Rachesky, M.D. , , , Non-Executive Chairman

Dr. Mark H. Rachesky is non-executive chairman of the Board of Directors of Loral and Telesat.

Dr. Rachesky is founder and president of MHR Fund Management LLC, an investment manager of various private investment funds that invest in inefficient market sectors, including special situation equities and distressed investments. He currently serves as non-executive chairman of the board of directors of Lions Gate Entertainment Corp. and is on the board of directors of Emisphere Technologies, Inc., Navistar International Corporation and Titan International Inc.

Michael B. Targoff , , , Vice Chairman

Michael B. Targoff is vice chairman of the Board of Directors of Loral. He also serves as a consultant to the company and is a member of the Board of Directors of Telesat.

Mr. Targoff was named chief executive officer of Loral in 2006 and became president in January 2008 and served in those capacities until December 2012. 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 Ltd. He founded Michael B. Targoff & Co. in 1998 and served as principal until February 2006. The firm invested in telecommunications and related industry early stage 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 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.

John D. Harkey Jr. , , , Director

John D. Harkey, Jr. is chairman and chief executive officer of Consolidated Restaurant Companies, Inc. He currently serves on the board of directors of Emisphere Technologies, Inc.

Arthur L. Simon , , , Director

Arthur L. Simon is retired. Prior to his retirement, Mr. Simon was a partner at Coopers & Lybrand L.L.P. He currently serves on the board of directors of L-3 Communications Corporation.

John P. Stenbit , , , Director

John P. Stenbit is retired and is currently a consultant for various government and commercial clients. Prior to his retirement, he was Assistant Secretary of Defense of Networks and Information Integration/Department of Defense Chief Information Officer from 2001 to 2004. He currently serves on the board of directors of ViaSat, Inc. He is also a director of Defense Group Inc., a trustee of The Mitre Corp., and a member of the advisory boards of the National Security Agency and the Science Advisory Group of the US Strategic Command.

Janet T. Yeung , , , Director

Janet T. Yeung is principal and general counsel of MHR Fund Management LLC, an investment manager of various private investment funds that invest in inefficient market sectors, including special situation equities and distressed investments. Prior to joining MHR, Ms. Yeung was vice president and deputy general counsel of Loral.

Executive Officers

Avi Katz , , President, General Counsel and Secretary

Mr. Katz was named president, general counsel and secretary of Loral in December 2012. He originally joined Loral in 1996 and served as senior vice president, general counsel and secretary from January 2008 to December 2012, as vice president, general counsel and secretary from November 1999 to December 2007, as vice president, deputy general counsel and secretary from February 1998 to November 1999 and as associate general counsel from July 1996 to February 1998.

Prior to joining Loral, Mr. Katz was an associate in the New York City law firm, Willkie Farr & Gallagher LLP and a judicial law clerk to the Honorable Lawrence W. Pierce, Circuit Judge for the United States Second Circuit Court of Appeals.

Mr. Katz attended Yeshiva University, where he received a Bachelor of Arts degree, summa cum laude, in 1981, and Columbia University Graduate School of Arts and Sciences, where he earned a Master of Arts degree in 1984. Mr. Katz earned a doctor of jurisprudence degree from the Columbia University School of Law in 1986. At Columbia Law School, he was a Harlan Fiske Stone Scholar and editor of the Columbia Journal of Law & Social Problems.

John Capogrossi , , Vice President, Chief Financial Officer and Treasurer

Mr. Capogrossi has served as vice president, chief financial officer and treasurer since March 2013 and also served as controller from March 2013 until January 2016. He originally joined Loral in 1988 and served in various positions, including, among others, as vice president and controller from January 2008 to March 2013, as executive director, financial planning and analysis, from October 2006 to January 2008, and as assistant controller from January 2001 to October 2006.

Ravinder S. Girgla , , Vice President and Controller

Mr. Girgla was named vice president and controller in January 2016. He originally joined Loral in 2008 and served as deputy controller from February 2013 to January 2016 and as assistant controller from July 2008 to February 2013. From August 2003 to July 2008, Mr. Girgla held various positions with Loral’s subsidiary, Loral Skynet, including, among others, serving as division controller from May 2006 to July 2008.