stephen deckoff black diamond capitalstephen deckoff black diamond capital

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. You can also contact MarketWatch Customer Service via our Customer Center. Deckoff is an avid skier and named Black Diamond after his hobby. 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. are based in the Switzerland. Actual results could differ materially from the results projected in or implied by the forward-looking statements made in this press release. The third-largest holding is Saratoga Invt Corp worth $28.7 million and the next is Invesco Exch Traded Fd Tr Ii worth $25.4 million, with 1,150,000 shares owned. 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. The Company noted that it anticipates that the annual meeting will be held in July of this year, and that it will provide appropriate disclosure of the exact date within the next few days. 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 the most recent 13F filing, Black Diamond Capital Management, L.L.C revealed that it had opened a new position in of less than 5%. 390,363 additional shares. Black 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. 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). served as legal counsel to Black Diamond with respect to the Agreement. This browser is out of date so some 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. KVH is a registered trademark of KVH Industries, Inc. 2023 GlobeNewswire, Inc., source Press Releases. KVH does not assume any obligation to update forward-looking statements to reflect new information and developments. WebThe principal business address of Black Diamond is 2187 Atlantic Street, 9th Floor, Stamford, CT 06902. 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. Currently, Black Diamond Capital Management, L.L.C's portfolio is worth at least $186 million. | Source: All Rights Reserved. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. Pursuant to the Agreement, the Company has committed to nominate and support Black Diamond Managing Principal Stephen H. Deckoff as an independent Class Black Diamond is a Delaware limited liability company. Previously, Stephen was a Board Member at InSight Health and also held positions at Kidder Mathews, The Bear Stearns Companies. Goodwin Procter LLP served as legal counsel to KVH and Kleinberg, Kaplan, Wolff & Cohen, P.C. 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. Mr. Deckoff has a B.S. Actual results could differ materially from the results projected in or implied by the forward-looking statements made in this press release. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. 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., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more. 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. 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. 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. Issue #1 of 'Phantom Raoad' goes on sale Wednesday, March 1. and is responsible for all portfolio management and business operations. Black Diamond Capital Management, L.L.Cs portfolio is diversified across 2 sectors. Copyright 2023 Surperformance. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. On the other hand, small-cap stocks make up only 6.7% of the portfolio. See Stephen Henry Deckoff's compensation, career history, education, & memberships. KVH Industries, Inc., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. 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. Russian Tanks Have Crude Mine-Defenses. First Look: Jeff Lemire & Gabriel Waltas New Comic Phantom Road Is Stephen King Meets John Carpenter, The Biggest Mistake Startups And Inventors Make? The Company will accept the resignation of one of its incumbent directors, which resignation will become effective at the 2023 Annual Meeting. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Raymond James Adjusts KVH Industries' Price Target to $13 from $16, Keeps Strong Buy Ra.. President, Chief Executive Officer & Director. Black Diamond is a Delaware limited liability company. 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. The Real Players Of Formula One: Drive To Survive Season 5, Scott Adams Undoing: A Timeline Of The Dilbert Cartoonists Fall From Grace. Stocks with a size of more than $10 billion in market cap make up KVH is a registered trademark of KVH Industries, Inc. COMTEX_423798081/2471/2023-02-03T16:47:33. 13% of the total holdings value. and is responsible for all portfolio management and business operations. and certain of its affiliates (collectively, Black Diamond). Delayed Nasdaq Founded in 1982, the company has more than a dozen offices around the globe with research, development, and manufacturing operations based in Middletown, RI. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Company/Fund Name: Black Diamond Capital Management, L.L.C. 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. Prior to launching Black Diamond in 1995, Deckoff worked his way up at different firms, becoming senior vice president of Kidder, Peabody & Co. A resident of the U.S. Virgin Islands, Deckoff donates to various community organizations in the territory. Black Diamond is an SEC-registered investment adviser. 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. 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.. Source. Consumer Portfolio Services, Inc. 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. 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. Following the election of Mr. Deckoff at the 2023 Annual Meeting, the KVH Board will continue to have seven directors. Goodwin Procter LLP served as legal counsel to KVH and Kleinberg, Kaplan, Wolff & Cohen, P.C. Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. Mr. Deckoff has a B.S. Stephen Deckoff has an ownership stake in Black Diamond Capital Management, L.L.C. Company Grants Black Diamond a Waiver to Purchase Up to 25% of Common Stock. Healthcare, in particular, requires this assessment this isnt an industry known for fast change. 4,071,500 shares of Consumer Portfolio Svcs Inc currently worth over $48.2 million and making up 25.9% of the portfolio value. Mr. Deckoff is a citizen of the United States of America. | All Rights Reserved | Black Diamond Beauty Salon, LLC. The Black Diamond Capital Management, L.L.C office and employees reside in Stamford, Connecticut. Fs Kkr Cap Corp and bought 1,874,244 shares worth $39.2 million. Stephen H. Deckoff, 57 Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. Mr. Deckoff is a citizen of the United States of America. Portfolio results are unaudited and based on varying investment expiration dates. The investment fund also strengthened its position in Consumer Portfolio Svcs Inc by buying KVH is a registered trademark of KVH Industries, Inc. 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). Stephen H. Deckoff, 57 Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. Analysis of the popular Formula One Nexflix series "Drive to Survive" Season Five on an episode-by-episode basis. Additionally, the Company has granted Black Diamond a waiver They Dont Work Against The Latest American Mines. $2.5 billion, according to our most recent tally. Stephen H. Deckoff, 57 - Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. 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. The MarketWatch News Department was not involved in the creation of this content. of less than 5%. Mr. Deckoff is a citizen of the United States of America. 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