Mr. Deckoff will begin serving as a non-voting observer of the Companys Board of Directors (the Board). Following the election of Mr. Deckoff at the 2023 Annual Meeting, the KVH Board will continue to have seven directors. Black Diamond Capital Management, L.L.C closed its position in Fs Kkr Cap Corp Ii on 14th February 2022. WebStephen H. Deckoff founded Black Diamond Capital Management LLC. 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. Visit a quote page and your recently viewed tickers will be displayed here. Black Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. Delayed Nasdaq WebStephen Henry Deckoff, Black Diamond Capital Mgmt LLC: Profile and Biography - Bloomberg Markets Your browser is: WebKit 534. Adams faces social and monetary consequences after making racist comments online. These positions were updated on February 14th based on the funds latest 13F filing. KVH Industries, Inc., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. Ive been acquainted with each of them for over 25 years, and I consider it a vote of confidence that they would like to serve our shareholders.. and is responsible for all portfolio management and business operations. 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. 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. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. The Company will accept the resignation of one of its incumbent directors, which resignation will become effective at the 2023 Annual Meeting. Mr. Deckoff has a B.S. Pursuant to the Agreement, the Company has committed to nominate and support Black Diamond Managing Principal Stephen H. Deckoff as an independent Class served as legal counsel to Black Diamond with respect to the Agreement. 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. All Rights Reserved. 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. This makes their stake in Consumer Portfolio Svcs Inc total 4,071,500 shares worth $48.2 million. Inside The Mind Of The Chief Revenue Officer. Thank you for signing up! Additionally, the Company has granted Black Diamond a waiver Black Diamond managing principal Stephen H. Deckoff will become an independent, nonvoting member of the KVH board of directors. Stephen H. Deckoff, 57 Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. and is responsible for all portfolio management and business operations. Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. Mr. Deckoff has a B.S. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. There are currently 15 companies in Mr. Deckoffs Consumer Portfolio Services, Inc. LAS VEGAS, Nevada, April 01, 2022 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) (the Company) today reported on discussions between its executive officers and representatives of Black Diamond Capital Management L.L.C. All rights reserved. Consumer Portfolio Services, Inc. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. KVH does not assume any obligation to update forward-looking statements to reflect new information and developments. Company Grants Black Diamond a Waiver to Purchase Up to 25% of 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). are based in the Switzerland. (Black Diamond). Photo by Black Diamond Capital Management. 100, St. Thomas, U.S. Virgin Islands 00802. Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. On the other hand, small-cap stocks make up only 6.7% of the portfolio. 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. Black Diamond is an SEC-registered investment adviser. Founded in 1982, the company has more than a dozen offices around the globe with research, development, and manufacturing operations based in Middletown, RI. Mr. Deckoff is also on the board of Consumer Stephen is Managing Principal and has served as Managing Principal since 12/01/1995. Mr. Deckoff has held or currently holds board seats on a number of Black Diamond portfolio companies, including Consumer Portfolio Services, Inc., ION Media, Werner Ladder, White Birch, Bayou Steel, SmarteCarte, Sun World and PTC Alliance, among others. 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. I believe in the opportunity to create value at KVH and look forward to working with my fellow directors on behalf of all shareholders.. and certain of its affiliates (collectively, "Black Diamond"). 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. KVH TracNet recognized with the 2023 SMART4SEA Connectivity Award; Leading maritime ind.. KVH's New Crew Internet Service Offers Vital Connectivity to Mariners and Enables Vesse.. KVH Supports Seafarers with Free VoIP Calls to Turkey and Syria. Mr. Deckoff is a citizen of the United States of America. Goodwin Procter LLP served as legal counsel to KVH and Kleinberg, Kaplan, Wolff & Cohen, P.C. 1,874,244 shares of Fs Kkr Cap Corp worth $39.2 million, Invesco Exch Traded Fd Tr Ii worth $25.4 million, with 1,150,000 shares owned, Fs Kkr Cap Corp and bought 1,874,244 shares worth $39.2 million, Consumer Portfolio Svcs Inc total 4,071,500 shares worth $48.2 million, Stocks and cryptocurrency portfolio tracker. Copyright 2023 Surperformance. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. This press release contains forward-looking statements that involve risks and uncertainties. $186 million and $186 million respectively. | Source: Deaneen is also a certified hair loss specialist. They manage 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 Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. Previously, Stephen was a Board Member at InSight Health and April 01, 2022 16:30 ET Stephen Deckoff cofounded Black Diamond Capital Management, which manages $9 billion in assets. She believes that healthy hair is the base of any great hairstyle and has been known to have growing hands. Mr. Deckoff will begin serving as a non-voting observer of the Companys Board of Directors (the Board). Black Diamond is a Delaware limited liability company. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. KVH Industries, Inc., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. 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. This browser is out of date so some Erstwhile ace Stephen Strasburg of the Nationals did not report to spring training after suffering a recurrence of thoracic outlet syndrome while working out. Kvh Industries Inc De : Entry into a Material Definitive Agreement, Material Modification .. KVH Industries Announces Support Agreement with Black Diamond Capital Management. 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 MIDDLETOWN, R.I., Feb. 03, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI) (KVH or the ", "As a large shareholder, I look forward to joining the Board and contributing to the future success of this strong business," said Mr. Deckoff. 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Related by origin of wealth: private equity. Following the election of Mr. Deckoff at the 2023 Annual Meeting, the KVH Board will continue to have seven directors. KVH Industries, Inc. Mr. Deckoff has held or currently holds board seats on a number of Black Diamond portfolio companies, including Consumer Portfolio Services, Inc., ION Media, Werner Ladder, White Birch, Bayou Steel, SmarteCarte, Sun World and PTC Alliance, among others. Certain of these and other risk factors are discussed in more detail in KVHs Quarterly Report on Form 10-Q filed with the SEC on December 6, 2022. Black Diamond is a Delaware limited liability company. MIDDLETOWN, R.I., Feb. 03, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI) (KVH or the Company), today Portfolio results are unaudited and based on varying investment expiration dates. It is my pleasure to recommend to my Boards nominating committee that these gentlemen be elected as directors, said Charles E. Bradley, Jr., the Companys CEO. WebMr. Black Diamond Capital Management, L.L.Cs portfolio is diversified across 2 sectors. 4,071,500 shares of Consumer Portfolio Svcs Inc currently worth over $48.2 million and making up 25.9% of the portfolio value. Come down to the salon and let Deaneen give you the ultimate black diamond experience today. 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 Company's 2023 Annual Meeting of Stockholders (the "2023 Annual Meeting"), subject to certain conditions. Mr. Deckoff will begin serving as a non-voting observer of the Companys Board of Directors (the Board). | Source: Certain of these and other risk factors are discussed in more detail in KVHs Quarterly Report on Form 10-Q filed with the SEC on December 6, 2022. 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. The majority of the companies in the funds portfolio are large-cap stocks. 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. "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. WebBlack Diamond Capital Management, L.L.C is an investment fund managing more than $186 million ran by Stephen Deckoff. Its not enough for the Ukrainians to mine the roads and fields where they expect the Russians to advance. Further details regarding the annual meeting will be included in the Companys definitive proxy materials, which will be filed with the SEC and sent to all Company shareholders. Stamford, CT 06902. Stephen H. Deckoff, 57 Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. Black Diamond Capital Management LLC. I believe in the opportunity to create value at KVH and look forward to working with my fellow directors on behalf of all shareholders.. and is responsible for all portfolio management and business operations. We can deploy a straightforward, five-part approach to evaluate where it will gain traction early on. Stephen Deckoff is an Analyst at Black Diamond Capital Management based in Greenwich, Connecticut. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. Stephen is Managing Principal and has served as Managing Principal since 12/01/1995. Deckoff is an avid skier and named Black Diamond after his hobby. A tweet about how Mac McClung won the NBA slam dunk competition shows how much poise Curry has. Founded in 1982, the company has more than a dozen offices around the globe with research, development, and manufacturing operations based in Middletown, RI. 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. Salesforce stock soars as Benioff says goal is to be the most profitable software company in the world, Bidens first veto could impact your 401(k) and how companies react to climate change, Snowflake stock falls after earnings as forecast underwhelms, Why microchips could make or break the electric vehicle revolution, Plug Power stock dips on revenue miss, but execs stick with annual sales forecast as new factory ramps up. In those discussions, Black Diamond proposed that the Company should nominate Stephen H. Deckoff and James E. Walker III (together, the Nominees) for election to the Companys Board of Directors (the Board). The roads and fields where they expect the Russians to advance assume any to... Citizen of the Companys Board of Directors ( the Board ) assume any obligation to update forward-looking statements that risks. And making up 25.9 % of the Companys Board of Directors ( the )! 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