Board of Directors

Michael T. Strianese

Chairman, President and Chief Executive Officer
Member of the Executive Committee

Chairman, President and Chief Executive Officer. Member of the Executive Committee. Mr. Strianese became Chairman on October 7, 2008 and has served as President and Chief Executive Officer and a Director since October of 2006. Until February 2007 Mr. Strianese was also our Corporate Ethics Officer. He was our interim Chief Executive Officer and Chief Financial Officer from June 2006. Mr. Strianese became Chief Financial Officer in March 2005. From March 2001 to March 2005 he was our Senior Vice President—Finance. He joined us in April 1997 as Vice President— Finance and Controller and was our Controller until July 2000. From April 1996, when Loral was acquired by Lockheed Martin, to April 1997, Mr. Strianese was Vice President and Controller of Lockheed Martin's C3I and Systems Integration Sector. In addition, he served as acting Chief Financial Officer of Lockheed Martin's Electronics Sector. Prior to Lockheed's acquisition of Loral, Mr. Strianese spent six years with Loral where he held a number of positions with increasing responsibility in areas of mergers and acquisitions and financial management. Mr. Strianese is a current member of the Council on Foreign Relations and the Aerospace Industries Association's Board of Governors where he serves on its Executive Committee.

Robert B. Millard

Lead Director
Chairman of the Executive Committee
Chairman of the Compensation Committee

Director since April 1997. Lead Independent Director of the Board of Directors, Chairman of the Compensation and Executive Committees. Mr. Millard is currently the Managing Partner of Realm Partners LLC. He held various positions, including Managing Director of Lehman Brothers Inc. and its predecessors between 1976 and 2008. Mr. Millard is a director of GulfMark Offshore, Inc., Weatherford International, Inc., Associated Universities, Inc., Massachusetts Institute of Technology ("MIT"), Population Council and the Remarque Institute. He is also a current member of the Council on Foreign Relations.

Claude R. Canizares

Member of the Audit Committee

Director since May 2003. Member of the Audit Committee. Since 1971, Professor Canizares has been at MIT. He currently serves as the Vice President for Research and Associate Provost and is the Bruno Rossi Professor of Physics. In addition, he is a principal investigator on NASA's Chandra X-ray observatory and Associate Director of its science center and serves on the Department of Commerce's National Advisory Council on Innovation and Entrepreneurship. He serves on the National Renewable Energy Laboratory Alliance for Sustainable Energy Board and has served on the Air Force Scientific Advisory Board, the NASA Advisory Council, and the Council of the National Academy of Sciences, among others. Professor Canizares is a member of the National Academy of Sciences, the International Academy of Astronautics, and a fellow of the American Academy of Arts and Sciences, the American Physical Society and the American Association for the Advancement of Science.

Thomas A. Corcoran

Chairman of the Audit Committee
Member of the Executive Committee

Director since July 1997. Chairman of the Audit Committee since April 27, 2004 and a member of the Executive Committee. Mr. Corcoran is also Chief Executive Officer of Corcoran Enterprises, LLC, a private management consulting firm, and in this capacity he works closely with The Carlyle Group, a Washington D.C.-based private equity firm. Mr. Corcoran has been a senior advisor to The Carlyle Group since 2004. From March 2001 to April 2004, Mr. Corcoran was the President and Chief Executive Officer of Gemini Air Cargo, a Carlyle company. Since February 2006, he has been Chairman of Proxy Aviation Systems, Inc., a private company in Germantown, MD. Mr. Corcoran was the President and Chief Executive Officer of Allegheny Teledyne Incorporated from October 1999 to December 2000. From April 1993 to September 1999 he was the President and Chief Operating Officer of the Electronic Systems Sector and Space & Strategic Missiles Sector of Lockheed Martin Corporation. Prior to that he worked for General Electric for 26 years and from 1983 to 1993 he held various management positions with GE Aerospace and was a company officer from 1990 to 1993. Mr. Corcoran is a member of the Board of Trustees of Stevens Institute of Technology and the Boards of Directors of the American Ireland Fund, GenCorp, Inc., LaBarge, Inc., Aer Lingus plc., ARINC, a Carlyle company , and Proxy Aviation Systems, a privately held company. Mr. Corcoran formerly served on the Boards of Directors of REMEC, Inc., Serco Ltd and United Industrial Corporation.

Lewis Kramer

Member of the Audit Committee
Member of the Compensation Committee

Director since July 2009. Member of the Audit and Compensation Committees. An Ernst & Young partner from 1981 until he retired, Mr. Kramer most recently served as the Global Client Service Partner for worldwide external audit and all other services for major clients. He previously served as Ernst & Young's National Director of Audit Services and served on the firm's United States Executive Board. Mr. Kramer completed a nearly 40-year career at Ernst & Young before retiring in June 2009.

H. Hugh Shelton

Member of the Nominating/Corporate Governance Committee

General Shelton (U.S. Army – Ret.) was the senior officer of the United States military and principal military advisor to the President of the United States, the Secretary of Defense and the National Security Council when he served as the fourteenth Chairman of the Joint Chiefs of Staff, Department of Defense, for two terms from 1997 until his retirement in 2001. Prior to his tenure as Chairman of the Joint Chiefs of Staff, he served as the Commander in Chief of U.S. Special Operations Command (SOCOM). General (Ret.) Shelton has served as the Director of the General H. Hugh Shelton Leadership Program at North Carolina State University since January 2002. From January 2002 until April 2006, General (Ret.) Shelton served as the President, International Sales, for M.I.C. Industries, an international manufacturing company. General (Ret.) Shelton currently serves as Chairman of the Board of Directors of Red Hat, Inc. During the past five years, General (Ret.) Shelton has also served on the board of directors of Anheuser-Busch Companies, Inc., Anteon International Corporation, CACI International Inc. and Protective Products of America, Inc.

Arthur L. Simon

Member of the Audit Committee
Member of the Nominating/Corporate Governance Committee

Nominating/Corporate Governance Committees. Mr. Simon is an independent consultant. Before his retirement, Mr. Simon was a partner at Coopers & Lybrand LLP ("C&L"), Certified Public Accountants, from 1968 to 1994. He is a director of Loral Space & Communications Corp. and he serves as Chair of their Audit Committee.

Alan H. Washkowitz

Chairman of the Nominating/Corporate Governance Committee
Member of the Compensation Committee

Director since April 1997. Chairman of the Nominating/Corporate Governance Committee and member of the Compensation Committee. Mr. Washkowitz is a former Managing Director of Lehman Brothers, and was responsible for the oversight of Lehman Brothers Inc. Merchant Banking Portfolio Partnership L.P. Mr. Washkowitz joined Lehman Brothers Inc. in 1978 when Kuhn Loeb & Co. was acquired by Lehman Brothers. Mr. Washkowitz is a director of Peabody Energy Corporation. Mr. Washkowitz retired from Lehman Brothers Inc. in July 2005 and is currently a private investor.

John P. White

Member of the Compensation Committee
Member of the Nominating/Corporate Governance Committee

Director since October 2004. Member of the Nominating/Corporate Governance and Compensation Committees. Dr. White is the Robert and Renée Belfer Lecturer at the John F. Kennedy School of Government, Harvard University. Dr. White has a long history of government service, serving as U.S. Deputy Secretary of Defense from 1995-1997; as Deputy Director of the Office of Management and Budget from 1978 to 1981, and as Assistant Secretary of Defense, Manpower, Reserve Affairs and Logistics from 1977 to 1978. Dr. White also served as a lieutenant in the United States Marine Corps from 1959 to 1961. Prior to his most recent government position, Dr. White was the Director of the Center for Business and Government at Harvard University and the Chairman of the Commission on Roles and Missions of the Armed Forces. Dr. White has extensive private sector experience, including service as Chairman and CEO of the Interactive Systems Corporation, a position he held from 1981 to 1988. Following Interactive Systems Corporation's sale to the Eastman Kodak Company in 1988, he was General Manager of the Integration and Systems Product Division and a Vice President of Kodak until 1992. Dr. White also spent nine years at the RAND Corporation, where he served as the Senior Vice President of National Security Research Programs and as a member of the Board of Trustees. He continues to serve as a Senior Fellow to the RAND Corporation. Dr. White is a current member of the Council on Foreign Relations. He also serves as a Director of the Concord Coalition, as well as a Trustee Emeritus of the Institute for Defense Analyses. He is a member of the board of trustees of the National Defense University and a member of the board of directors of the Center for a New American Security. Dr. White was the leader of President Obama's transition team for the Department of Defense. He is also a member of the Missile Defense Advisory Committee of the U.S. Department of Defense.