Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. Address: One Sound Shore Drive, Suite 200, Greenwich, CT, 6830, United States. Issue #1 of 'Phantom Raoad' goes on sale Wednesday, March 1. The descriptions of the Agreement contained in this press release do not purport to be complete and are qualified in their entirety by reference to the full text of the Agreement. Factors that might cause these differences include, but are not limited to: unanticipated technical and other challenges that arise with the services provided by KVH; unanticipated technical or legal delays with the services; customer and strategic partner responses; potential future changes to the pricing or other terms; and potential unforeseen costs or expenses of providing the products and services. Deckoff will begin serving as a non-voting observer of the Companys Board of Directors (the Board). Stephen is Managing Principal and has served as Managing Principal We remain fully focused on executing against our plan and prudently operating our business as we continue to work with our advisors to review all strategic alternatives., As a large shareholder, I look forward to joining the Board and contributing to the future success of this strong business, said Mr. Deckoff. Factors that might cause these differences include, but are not limited to: unanticipated technical and other challenges that arise with the services provided by KVH; unanticipated technical or legal delays with the services; customer and strategic partner responses; potential future changes to the pricing or other terms; and potential unforeseen costs or expenses of providing the products and services. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. Black Diamond Beauty Salon, LLC 8421 South Orange Stephen Deckoff is an Analyst at Black Diamond Capital Management based in Greenwich, Connecticut. Pursuant to the Agreement, the Company has committed to nominate and support Black Diamond Managing Principal Stephen H. Deckoff as an independent Class III director at the Companys 2023 Annual Meeting of Stockholders (the 2023 Annual Meeting), subject to certain conditions. All Rights Reserved. -, KVH TracNet recognized with the 2023 SMART4SEA Connectivity Award; Leading maritime industry organization SAFETY4SEA recognizes TracNet hybrid solution for its contributions to vessel connectivity, KVH TracNet recognized with the 2023 SMART4SEA Connectivity Award, KVH's New Crew Internet Service Offers Vital Connectivity to Mariners and Enables Vessel Traffic Allocation. Donald Trumps real net worth? KVH on Feb. 3 said it will support Deckoffs candidacy and will accept the resignation of one of its incumbent board members at its 2023 annual meeting to keep the panel at seven members. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. ", "As a large shareholder, I look forward to joining the Board and contributing to the future success of this strong business," said Mr. Deckoff. Stephen is Managing Principal and has served as Managing Principal since 12/01/1995. This press release contains forward-looking statements that involve risks and uncertainties. Stephen H. Deckoff, 57 Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. Come down to the salon and let Deaneen give you the ultimate black diamond experience today. Consumer Portfolio Services, Inc. Analysis of the popular Formula One Nexflix series "Drive to Survive" Season Five on an episode-by-episode basis. Stephen H. Deckoff, 57 Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. Stephen H. Deckoff and James E. Walker III Recommended for Election to Its Board of Directors. and is responsible for all portfolio management and business operations. I believe in the opportunity to create value at KVH and look forward to working with my fellow directors on behalf of all shareholders.. A new breed of growth executive - commonly referred to as Chief Revenue, Growth, Commercial, Experience or Operating Officers - are aligning their commercial teams, operations, and systems around the customer as they seek to accelerate revenue growth in the face of an uncertain market in 2023. Black Diamond is a Delaware limited liability company. served as legal counsel to Black Diamond with respect to the Agreement. The Company will accept the resignation of one of its incumbent directors, which resignation will become effective at the 2023 Annual Meeting. Currently, Black Diamond Capital Management, L.L.C's portfolio is worth at least $186 million. Black Diamond is a Delaware limited liability company. All Rights Reserved. Mr. Consumer Portfolio Services, Inc. is an independent specialty finance company that providesindirect automobile financing to individuals with past credit problems or limited credit histories. Founded in 1982, the company has more than a dozen offices around the globe with research, development, and manufacturing operations based in Middletown, RI. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. 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Pursuant to the Agreement, the Company has committed to nominate and support Black Diamond Managing Principal Stephen H. Deckoff as an independent Class Changes needed to be made to the Stephens lifestyle in order to make things manageable Because of [her husbands condition], and all of the different things we were dealing with, I really needed an opportunity [for change], Stephens said to me in an interview via videoconference in early December. Reflects change since 5 pm ET of prior trading day. The descriptions of the Agreement contained in this press release do not purport to be complete and are qualified in their entirety by reference to the full text of the Agreement. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Prior to launching Black Diamond in 1995, Deckoff worked Stephen Deckoff is an Analyst at Black Diamond Capital Management based in Greenwich, Connecticut. The principal business address of Mr. Deckoff is 5330 Yacht Haven Grande, Suite 100, St. Thomas, U.S. Virgin Islands 00802. WebStephen Deckoff. "We welcome Stephen to the Board and are pleased to have reached this agreement with one of our largest shareholders," said Brent C. Bruun, KVH's President & Chief Executive Officer. Certain of these and other risk factors are discussed in more detail in KVH's Quarterly Report on Form 10-Q filed with the SEC on December 6, 2022. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. Additionally, the Company has granted Black Diamond a waiver under the Companys stockholder rights plan allowing Black Diamond to acquire up to 25% of the Companys outstanding common stock. in Operations Research from the Engineering School at Cornell University. India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Musk donated around $1.95 billion in Tesla shares last year, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom. Copies are available through KVHs Investor Relations department and website, https://ir.kvh.com. A lawyer who receives a minimum threshold of qualifying responses from fellow attorneys can qualify for one of three prestigious See Stephen Henry Deckoff's compensation, career history, education, & memberships. Additionally, the Company has granted Black Diamond a waiver under the Companys stockholder rights plan allowing Black Diamond to acquire up to 25% of the Companys outstanding common stock. In addition, the fund holds 1,874,244 shares of Fs Kkr Cap Corp worth $39.2 million. Deaneen is also a certified hair loss specialist. and certain of its affiliates (collectively, Black Diamond). We welcome Stephen to the Board and are pleased to have reached this agreement with one of our largest shareholders, said Brent C. Bruun, KVHs President & Chief Executive Officer. Pursuant to the Agreement, the Company has committed to nominate and support Black Diamond Managing Principal Stephen H. Deckoff as an independent Class III director at the Companys 2023 Annual Meeting of Stockholders (the 2023 Annual Meeting), subject to certain conditions. 6.7% of the portfolio companies and is responsible for all portfolio management and business operations. He also owns multi-million dollar properties in Colorado and New York City, and a Beverly Hills mansion previously owned by the Latsis shipping family. Thank you for signing up! Actual results could differ materially from the results projected in or implied by the forward-looking statements made in this press release. Mr. Deckoff is a citizen of the United States of America. The largest investments include Consumer Portfolio Svcs Inc and Fs Kkr Cap Corp, together worth $87.5 million. Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. In the most recent 13F filing, Black Diamond Capital Management, L.L.C revealed that it had opened a new position in Black got this award in 2021. KVH does not assume any obligation to update forward-looking statements to reflect new information and developments. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. Black Diamond Capital Management, L.L.Cs portfolio is diversified across 2 sectors. The principal business address of Black Diamond is 2187 Atlantic Street, 9th Floor, Stamford, CT 06902. KVH Industries, Inc., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. Currently, their heaviest sector is Finance making up 7.8% of Actual results could differ materially from the results projected in or implied by the forward-looking statements made in this press release. As of 7th February 2022, Black Diamond Capital Management, L.L.Cs top holding is 4,071,500 shares of Consumer Portfolio Svcs Inc currently worth over $48.2 million and making up 25.9% of the portfolio value. These positions were updated on February 14th based on the funds latest 13F filing. Black Diamond Capital Management, LLC 2187 Atlantic Street, 9th Floor. KVH is a registered trademark of KVH Industries, Inc. 2023 GlobeNewswire, Inc., source Press Releases. This press release contains forward-looking statements that involve risks and uncertainties. Mr. Deckoff has a B.S. and is responsible for all portfolio management and business operations. Agrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Board of Directors at the 2023 Annual Meeting, Company Grants Black Diamond a Waiver to Purchase Up to 25% of Common Stock. The Black Diamond Capital Management, L.L.C office and employees reside in Stamford, Connecticut. Additionally, the Company has granted Black Diamond a waiver under the Company's stockholder rights plan allowing Black Diamond to acquire up to 25% of the Company's outstanding common stock. The Agreement, which includes a voting commitment and customary standstill and related provisions, will be filed by KVH on a Form 8-K with the Securities and Exchange Commission (SEC). WebStephen Henry Deckoff is an employee with Black Diamond Capital Management, L.L.C., a hedge fund company. Inside The Mind Of The Chief Revenue Officer. MIDDLETOWN, R.I., Feb 03, 2023 (GLOBE NEWSWIRE via COMTEX) -- "We remain fully focused on executing against our plan and prudently operating our business as we continue to work with our advisors to review all strategic alternatives. Though he already owns property in New York and a multimillion-dollar villa overlooking the turquoise Caribbean waters of Peter Bay in the U.S. Virgin Islands, financier Stephen Deckoff just added another pricey bauble to his real estate portfolio. WebStephen Deckoff Founder & Managing Principal. Adams faces social and monetary consequences after making racist comments online. This press release contains forward-looking statements that involve risks and uncertainties. Mr. Deckoff is also on the board of Consumer Portfolio Services, Inc., InSight Health Services Holdings Corp., Sun World International LLC and Black Diamond Credit Strategies Offshore Ltd. Address. of less than 5%. Mr. Deckoff is also on the board of Consumer First Look: Jeff Lemire & Gabriel Waltas New Comic Phantom Road Is Stephen King Meets John Carpenter, The Biggest Mistake Startups And Inventors Make? For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. We welcome Stephen to the Board and are pleased to have reached this agreement with one of our largest shareholders, said Brent C. Bruun, KVHs President & Chief Executive Officer. MIDDLETOWN, R.I., Feb. 03, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI) (KVH or the Company), today announced that it has entered into a support agreement (the Agreement) with Black Diamond Capital Management, L.L.C. since December-1995. Mr. Deckoff has a B.S. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. St. Thomas, U.S. Virgin Islands 00802 for their brilliant idea in the marketplace its Board Directors! 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