The estimated Net Worth of Michael B Targoff is at least $14.7 Milion dollars as of 17 June 2013. Mr. Targoff owns over 294,475 units of Loral Space & Communications Inc stock worth over $12,226,602 and over the last 21 years he sold LORL stock worth over $939,000. In addition, he makes $1,515,000 as Vice Chairman of the Board at Loral Space & Communications Inc.
Michael has made over 12 trades of the Loral Space & Communications Inc stock since 2010, according to the Form 4 filled with the SEC. Most recently he exercised 294,475 units of LORL stock worth $12,226,602 on 17 June 2013.
The largest trade he's ever made was exercising 525,000 units of Loral Space & Communications Inc stock on 3 January 2011 worth over $14,133,000. On average, Michael trades about 37,883 units every 29 days since 2003. As of 17 June 2013 he still owns at least 294,475 units of Loral Space & Communications Inc stock.
You can see the complete history of Mr. Targoff stock trades at the bottom of the page.
Michael B. Targoff is Vice Chairman of the Board of the Company. Mr. Targoff has been Vice Chairman of Loral since November 21, 2005 and a consultant to the Company since December 15, 2012. Mr. Targoff was Chief Executive Officer of Loral from March 1, 2006 to December 14, 2012 and President of Loral from January 8, 2008 to December 14, 2012. Mr. Targoff also has been a Director and member of the Audit Committee of Telesat since the Company acquired its interest in Telesat in October 2007. From 1998 to February 2006, Mr. Targoff was founder and principal of Michael B. Targoff & Co., a private investment company.
As the Vice Chairman of the Board of Loral Space & Communications Inc, the total compensation of Michael Targoff at Loral Space & Communications Inc is $1,515,000. There are no executives at Loral Space & Communications Inc getting paid more.
Michael Targoff is 74, he's been the Vice Chairman of the Board of Loral Space & Communications Inc since 2012. There are 3 older and 9 younger executives at Loral Space & Communications Inc. The oldest executive at Loral Space & Communications Inc is Arthur Simon, 87, who is the Independent Director.
Michael's mailing address filed with the SEC is 600 FIFTH AVENUE, , NEW YORK, NY, 10020.
Over the last 19 years, insiders at Loral Space & Communications Inc have traded over $476,916 worth of Loral Space & Communications Inc stock and bought 1,338,813 units worth $22,373,453 . The most active insiders traders include Mark H Md Rachesky, Mark H Mdmhr Fund Managemen... a Michael B Targoff. On average, Loral Space & Communications Inc executives and independent directors trade stock every 62 days with the average trade being worth of $1,975,937. The most recent stock trade was executed by Mark H Mdmhr Fund Managemen... on 8 March 2016, trading 190,000 units of LORL stock currently worth $6,783,000.
Loral Space & Communications is a satellite communications company. Loral owns 62.7 percent of Telesat Canada, a global operator of telecommunications and direct broadcast satellites used to distribute video entertainment programming, broadband data, and provide access to Internet services and other value-added communications services.
Loral Space & Communications Inc executives and other stock owners filed with the SEC include: