The Executive Committee performs such duties as are from time to time determined and assigned to it by the Board of Directors.
The Audit Committee has overall responsibility for reviewing the procedures, results and scope of Loral's internal accounting and reporting practices and independent audits. The Committee also prepares the report that SEC rules require be included in Loral's annual proxy statement.
Audit Committee Charter
The Compensation Committee has overall responsibility for approving and evaluating the compensation and stock incentive plans, policies and programs of Loral for officers and other senior executives of the company.
Compensation Committee Charter
The Nominating Committee has overall responsibility to assist the Board in (i) identifying individuals qualified to become members of the Board (consistent with criteria approved by the Board) and (ii) selecting, or recommending that the Board select, the director nominees for the next annual meeting of stockholders.
Nominating Committee Charter