Iron Monger

"For thirty years, I've been holding you up! I built this company up from nothing! Nothing's gonna stand in my way - least of all, you!"

- Obadiah Stane

Obadiah Stane is the business partner of Tony Stark and a good friend of his father, Howard Stark. He later becomes an enemy and attempted to take Tony Stark's life.

Early life
Obadiah Stane was a businessman who headed Stark Industries after the death of Howard Stark and became the firm&apos;s second-in-command when the younger Stark came of age. Stane had cooperated with the Ten Rings terrorists in Afghanistan to kill Stark so that he could take over Stark Industries.

The capture of Tony Stark
The Ten Rings soon found out who the target was and felt they hadn&apos;t been paid enough to kill Stark. They kept him alive to use for their own advantage by having him build them the Jericho missile. Following Stark&apos;s return from Afghanistan, he appears to assist Stark&apos;s attempt to refocus the company away from arms manufacturing. While Tony is working on his suit, Stane starts to take over Stark Industries by sending weapons to both sides of the war.

Iron Monger
After the Ten Rings find the remnants of the prototype armor Stark used to escape, Stane makes a new deal with them to deliver the prototype to him, but ultimately betrays the group and has them killed, stealing the Mark I Armor. While working on his own bigger, more powerful suit, he discovered that Tony&apos;s assistant Pepper Potts found out about his plans so he steals Stark&apos;s arc reactorfrom his chest to power his new suit and leaves Stark for dead.

After Pepper discovers his plans, she and a few S.H.I.E.L.D. agents go to arrest him but they were no match for his new suit. After he is about to kill Pepper, Stane discovers that Tony is alive and has come to save Pepper. The two then duke it out in a final battle over the Stark Industries building. In the final moments of the battle, with Stark&apos;s power supply running low, he has Pepper overload the prototype large-scale arc reactor found at the complex. Stane is knocked unconscious by the blast, and he with his suit tumble into the generator, causing an explosion that kills him and destroys the armor. S.H.I.E.L.D. agent Phil Coulson, who was working with Stark, later covers up Stane&apos;s death by explaining he disappeared in a private plane while on vacation.

Ten Rings
Stane originally had a deal with the terrorist leader Raza to kill Tony Stark. However, when Raza kidnapped Tony and forced him to build his Jericho Missile instead of killing him, Stane may have believed Raza was planning to double-cross him. In any event, when Raza finds the Mark I Iron Man Suit and suggests making an army of these suits for both of them, Stane betrays Raza, takes the suit and diagrams for himself, and leaves him to be killed by his men.

Trivia

 * In the comics, Obadiah Stane was also the first colleague of Norman Osborn, the first Green Goblin.
 * In the comics, Obadiah Stane was the head of his own company and not a part of Stark Industries.