390,363 additional shares. For mines to work, Russian mine-countermeasures have to not work. This press release contains forward-looking statements that involve risks and uncertainties. KVH Introduces New Enterprise-grade Cybersecurity and Email Services for Mariners; KVH .. KVH Introduces New Enterprise-grade Cybersecurity and Email Services for Mariners, KVH Industries' CEO and CTO to Speak at 25th Annual Needham Growth Conference, Kvh Industries Inc De : Change in Directors or Principal Officers (form 8-K), Needham Adjusts Price Target on KVH Industries to $13 From $12, Maintains Buy Rating, Needham Adjusts KVH Industries' Price Target to $11 from $14, Keeps Buy Rating. 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. Mr. 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. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. Mr. Deckoff has a B.S. Copies are available through KVHs Investor Relations department and website, https://ir.kvh.com. Copyright 2023 Surperformance. Black Diamond Beauty Salon, LLC 8421 South Orange 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). $2.5 billion, according to our most recent tally. "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. | All Rights Reserved | Black Diamond Beauty Salon, LLC. Black Diamond Capital Management, L.L.Cs portfolio is diversified across 2 sectors. The managing principal of Black Diamond an investment firm with $10 billion in assets under Thank you for signing up! 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. Reflects change since 5 pm ET of prior trading day. Russian Tanks Have Crude Mine-Defenses. and is responsible for all portfolio management and 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. Dies geschieht in Ihren Datenschutzeinstellungen. 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. Deaneen is also a certified hair loss specialist. 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. This makes their stake in Consumer Portfolio Svcs Inc total 4,071,500 shares worth $48.2 million. Together with affiliated entities, and based on its statement on Schedule 13D as most recently amended and on file with the SEC, Black Diamond owns some 22% of the Companys outstanding shares. Mr. Deckoff has held or The two most similar investment funds to Black Diamond Capital Management, L.L.C are Lincoln Capital Corp and Hillcrest Wealth Advisors - Ny. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. Company: Black Diamond Capital Management, L.L.C. 4,071,500 shares of Consumer Portfolio Svcs Inc currently worth over $48.2 million and making up 25.9% of the portfolio value. 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. are based in the Switzerland. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. On the other hand, there are companies that Black Diamond Capital Management, L.L.C is getting rid of from its portfolio. WebAgrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Board of Directors at the 2023 Annual Meeting. 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. Black 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. Black Diamond managing principal Stephen H. Deckoff will become an independent, nonvoting member of the KVH board of directors. Stamford, CT 06902. KVH does not assume any obligation to update forward-looking statements to reflect new information and developments. The Company will accept the resignation of one of its incumbent directors, which resignation will become effective at the 2023 Annual Meeting. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. 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 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. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives. and certain of its affiliates (collectively, Black Diamond). Mr. Deckoff will begin serving as a non-voting observer of the Companys Board of Directors (the Board). KVH develops, manufactures, and provides maritime communication hardware and services worldwide. See Stephen Henry Deckoff's compensation, career history, education, & memberships. April 01, 2022 16:30 ET Founded in 1982, the company has more than a dozen offices around the globe with research, development, and manufacturing operations based in Middletown, RI. Copyright 2023. (C) Copyright 2023 GlobeNewswire, Inc. All rights reserved. WebBlack Diamond Capital, LLC Jun 2015 - Aug 20153 months St. Thomas, USVI My job involved accounting, asset servicing, and trade settlement for various types of credit investments. MIDDLETOWN, R.I., Feb 03, 2023 (GLOBE NEWSWIRE via COMTEX) -- For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. WebStephen A. Presently, Mr. Deckoff is still Managing Principal at this company. The Companys chief executive officer, Charles E. Bradley, Jr., announced his endorsement of the Nominees for election at the Companys 2022 annual meeting of shareholders. The Company will accept the resignation of one of its incumbent directors, which resignation will become effective at the 2023 Annual Meeting. We'll assume you're ok with this, but you can opt-out if you wish. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. Pursuant to the Agreement, the Company has committed to nominate and support Black Diamond Managing Principal Stephen H. Deckoff as an independent Class Copyright 2023 Surperformance. Stephen H. Deckoff, 57 - Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. She recognized at a young age that she had a passion for hair and has been in the hair care business for over 20 years. Additionally, the Company has granted Black Diamond a waiver Following the election of Mr. Deckoff at the 2023 Annual Meeting, the KVH Board will continue to have seven directors. of less than 5%. The Companys chief executive officer, Charles E. Bradley, Jr., announced his endorsement of the Nominees for election at the Companys 2022 annual meeting of shareholders. Is there a problem with this press release? Together with affiliated entities, and based on its statement on Schedule 13D as most recently amended and on file A lawyer who receives a minimum threshold of qualifying responses from fellow attorneys can qualify for one of three prestigious 6.7% of the portfolio companies 100, St. Thomas, U.S. Virgin Islands 00802. Contact the source provider Comtex at editorial@comtex.com. served as legal counsel to Black Diamond with respect to the Agreement. WebStephen H. Deckoff founded Black Diamond Capital Management LLC. It sold the previously owned 354,186 shares for $5.21 million. Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more. Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. and is responsible for all portfolio management and business operations. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. 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. I believe in the opportunity to create value at KVH and look forward to working with my fellow directors on behalf of all shareholders.. Quickly find out what the most recently closed or increased positions are. Goodwin Procter LLP served as legal counsel to KVH and Kleinberg, Kaplan, Wolff & Cohen, P.C. 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. Stocks with a size of more than $10 billion in market cap make up Related by origin of wealth: private equity. Agrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Stephen is Managing Principal and has served as Managing Principal since 12/01/1995. Stephen Deckoff cofounded Black Diamond Capital Management, which manages $9 billion in assets. 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. Stephen Deckoff cofounded Black Diamond Capital Management, which manages $9 billion in assets. 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. 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Presently, Mr. Deckoff is still Managing Principal at this company. Mr. Deckoff will begin serving as a non-voting observer of the Company's Board of Directors (the "Board"). This press release contains forward-looking statements that involve risks and uncertainties. Mr. Deckoff is the Managing Principal of Black Diamond and Mr. Walker is the Managing Partner of Vinson Ventures, LLC. 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. , and/or O2 Media LLC portfolio is diversified across 2 sectors risks and may not be for. Diamond Beauty Salon, LLC primarily through the securitization markets and service contracts! Deckoff cofounded Black Diamond Capital Management, which resignation will become an independent, nonvoting member of the value... 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