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Loral Space Names Stenbit To Board

Former Assistant Secretary of Defense will also serve on audit committee.

Loral Space & Communications Inc. said Tuesday it elected former Assistant Secretary of Defense John P. Stenbit to its board.

Stenbit, 66, is a former executive vice president of TRW. He currently serves on the boards of Cogent Inc., SI International, SM&A and Viasat.

Stenbit also will serve on Loral's audit committee. With his appointment to the committee, Loral is now in compliance with Nasdaq regulations, which require a listed company's audit committee be comprised of at least three independent directors.