Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. 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. and certain of its affiliates (collectively, Black Diamond). | Source: MIDDLETOWN, R.I., Feb 03, 2023 (GLOBE NEWSWIRE via COMTEX) -- Agrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Board of Directors at Come down to the salon and let Deaneen give you the ultimate black diamond experience today. Stephen Deckoff has an ownership stake in Black Diamond Capital Management, L.L.C. 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. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. The managing principal of Black Diamond an investment firm with $10 billion in assets under Following the election of Mr. Deckoff at the 2023 Annual Meeting, the KVH Board will continue to have seven directors. The total portfolio value may be much higher due to cash Its not enough for the Ukrainians to mine the roads and fields where they expect the Russians to advance. There are currently 15 companies in Mr. Deckoffs She believes that healthy hair is the base of any great hairstyle and has been known to have growing hands. Black Diamond is an SEC-registered investment adviser. 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. 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. Company Grants Black Diamond a Waiver to Purchase Up to 25% of Common Stock. 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. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. 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. April 01, 2022 16:30 ET Goodwin Procter LLP served as legal counsel to KVH and Kleinberg, Kaplan, Wolff & Cohen, P.C. and is responsible for all portfolio management and business operations. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. and is responsible for all portfolio management and business operations. 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. Raymond James Adjusts KVH Industries' Price Target to $13 from $16, Keeps Strong Buy Ra.. President, Chief Executive Officer & Director. KVH is a registered trademark of KVH Industries, Inc. COMTEX_423798081/2471/2023-02-03T16:47:33. 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. (C) Copyright 2023 GlobeNewswire, Inc. All rights reserved. The two most similar investment funds to Black Diamond Capital Management, L.L.C are Lincoln Capital Corp and Hillcrest Wealth Advisors - Ny. served as legal counsel to Black Diamond with respect to the Agreement. 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. Black Diamond is an SEC-registered investment adviser. 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. 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. 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. 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. SCHEDULE APPOINTMENT. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. Following the election of Mr. Deckoff at the 2023 Annual Meeting, the KVH Board will continue to have seven directors. Black Diamond Credit Strategies Offshore Ltd. WebThe principal business address of Black Diamond is 2187 Atlantic Street, 9th Floor, Stamford, CT 06902. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. | All Rights Reserved | Black Diamond Beauty Salon, LLC. in Operations Research from the Engineering School at Cornell University. Adams faces social and monetary consequences after making racist comments online. All rights reserved. Company/Fund Name: Black Diamond Capital Management, L.L.C. Actual results could differ materially from the results projected in or implied by the forward-looking statements made in this press release. 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. Stephen H. Deckoff, 57 Mr. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. I believe in the opportunity to create value at KVH and look forward to working with my fellow directors on behalf of all shareholders.. 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. Founded in 1982, the company has more than a dozen offices around the globe with research, development, and manufacturing operations based in Middletown, RI. 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. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. 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. | Source: 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. 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. 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. Currently, Black Diamond Capital Management, L.L.C's portfolio is worth at least $186 million. Stephen Henry Deckoff is an employee with Black Diamond Capital Management, L.L.C., a hedge fund company. Copyright 2023. of less than 5%. Stephen Deckoff has served as Managing Principal of Black Diamond Capital Management, L.L.C. Address: One Sound Shore Drive, Suite 200, Greenwich, CT, 6830, United States. WebThe principal business address of Black Diamond is 2187 Atlantic Street, 9th Floor, Stamford, CT 06902. 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). This makes their stake in Consumer Portfolio Svcs Inc total 4,071,500 shares worth $48.2 million. WebStephen Henry Deckoff is an employee with Black Diamond Capital Management, L.L.C., a hedge fund company. Delayed Nasdaq The principal business address of Mr. Deckoff is 5330 Yacht Haven Grande, Suite 100, St. Thomas, U.S. Virgin Islands 00802. Copies are available through KVHs Investor Relations department and website, https://ir.kvh.com. Deaneen is the owner and main stylist at black diamond beauty salon. since 1995. in Operations Research from the Engineering School at Cornell University. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. in Operations Research from the Engineering School at Cornell University. 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. 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. Analysis of the popular Formula One Nexflix series "Drive to Survive" Season Five on an episode-by-episode basis. Mr. Deckoff will begin serving as a non-voting observer of the Companys Board of Directors (the Board). All Rights Reserved. Stock Price data may be delayed up to 15 minutes. are based in the Switzerland. Black Diamond Capital Management, L.L.Cs portfolio is diversified across 2 sectors. They manage "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. WebStephen Henry Deckoff is Mng Principal/Founder at Black Diamond Capital Mgmt LLC. Mr. Deckoff is a citizen of the United States of America. Agrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Board of Directors at the 2023 Annual Meeting. Address. 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