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. Photo by Black Diamond Capital Management. 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. 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. Previously, Stephen was a Board Member at InSight Health and WebAgrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Board of Directors at the 2023 Annual Meeting. Stephen Deckoff has served as Managing Principal of Black Diamond Capital Management, L.L.C. Deckoff is the Managing Principal of Black Diamond Capital Management, L.L.C. 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. 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 MIDDLETOWN, R.I., Feb. 03, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI) (KVH or the Company), today Copies are available through KVHs Investor Relations department and website, https://ir.kvh.com. 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. We can deploy a straightforward, five-part approach to evaluate where it will gain traction early on. Its not enough for the Ukrainians to mine the roads and fields where they expect the Russians to advance. 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. in Operations Research from the Engineering School at Cornell University. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. 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. and is responsible for all portfolio management and business operations. 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. All Rights Reserved. SCHEDULE APPOINTMENT. Kvh Industries Inc De : Entry into a Material Definitive Agreement, Material Modification .. KVH Industries Announces Support Agreement with Black Diamond Capital Management. Copyright 2023. 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. Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. 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, KVH's President & Chief Executive Officer. (Black Diamond). 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. The investment fund also strengthened its position in Consumer Portfolio Svcs Inc by buying KVH Industries, Inc., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. 390,363 additional shares. KVH Industries, Inc., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. For example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of our business and enhancement of long-term value. All rights reserved. The Black Diamond Capital Management, L.L.C office and employees reside in Stamford, Connecticut. Deckoff will begin serving as a non-voting observer of the Companys Board of Directors (the Board). 4,071,500 shares of Consumer Portfolio Svcs Inc currently worth over $48.2 million and making up 25.9% of the portfolio value. 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. Copyright 2023 Surperformance. Address. The largest investments include Consumer Portfolio Svcs Inc and Fs Kkr Cap Corp, together worth $87.5 million. Dies geschieht in Ihren Datenschutzeinstellungen. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. I believe in the opportunity to create value at KVH and look forward to working with my fellow directors on behalf of all shareholders.. 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. $186 million and $186 million respectively. 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. April 01, 2022 16:30 ET Mr. Deckoff is a citizen of the United States of America. Mr. Deckoff has a B.S. WebThe principal business address of Black Diamond is 2187 Atlantic Street, 9th Floor, Stamford, CT 06902. Stephen Deckoff has an ownership stake in Black Diamond Capital Management, L.L.C. Founded in 1982, the company has more than a dozen offices around the globe with research, development, and manufacturing operations based in Middletown, RI. Black Diamond managing principal Stephen H. Deckoff will become an independent, nonvoting member of the KVH board of directors. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. KVH Industries, Inc. 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. KVH develops, manufactures, and provides maritime communication hardware and services worldwide. -, 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. Mr. Deckoff will begin serving as a non-voting observer of the Company's Board of Directors (the "Board"). Stephen Deckoff is an Analyst at Black Diamond Capital Management based in Greenwich, Connecticut. Agrees to Nominate Black Diamond Managing Principal Stephen Deckoff to Black Diamond Capital Management, LLC 2187 Atlantic Street, 9th Floor. It sold the previously owned 354,186 shares for $5.21 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. served as legal counsel to Black Diamond with respect to the Agreement. Mr. Deckoff is a citizen of the United States of America. 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. served as legal counsel to Black Diamond with respect to the Agreement. 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. Actual results could differ materially from the results projected in or implied by the forward-looking statements made in this press release. Mr. Deckoff has held or Founded in 1982, the company has more than a dozen offices around the globe with research, development, and manufacturing operations based in Middletown, RI. KVH Industries, Inc., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. and certain of its affiliates (collectively, Black Diamond). In the most recent 13F filing, Black Diamond Capital Management, L.L.C revealed that it had opened a new position in Black Diamond Credit Strategies Offshore Ltd. and certain of its affiliates (collectively, Black Diamond). Additionally, the Company has granted Black Diamond a waiver WebStephen Henry Deckoff, Black Diamond Capital Mgmt LLC: Profile and Biography - Bloomberg Markets Your browser is: WebKit 534. Stock Price data may be delayed up to 15 minutes. Black Diamond Beauty Salon, LLC 8421 South Orange Consumer Portfolio Services, Inc. is an independent specialty finance company that providesindirect automobile financing to individuals with past credit problems or limited credit histories. 6.7% of the portfolio companies 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. 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. WebStephen H. Deckoff is Managing Principal at Black Diamond Capital Management L.l.c. Prior to the founding of Black Diamond in 1995, Mr. Deckoff worked at Kidder, Peabody & Co., Bear Stearns, Chemical Securities and Drexel Burnham Lambert. For mines to work, Russian mine-countermeasures have to not work. Is there a problem with this press release? 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. 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. Presently, Mr. Deckoff is still Managing Principal at this company. Stocks with a size of more than $10 billion in market cap make up See Stephen Henry Deckoff's compensation, career history, education, & memberships. The managing principal of Black Diamond an investment firm with $10 billion in assets under Quickly find out what the most recently closed or increased positions are. Currently, Black Diamond Capital Management, L.L.C's portfolio is worth at least $186 million. The principal business address of Mr. Deckoff is 5330 Yacht Haven Grande, Suite 100, St. Thomas, U.S. Virgin Islands 00802. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Black Diamond Capital Management, L.L.C is an investment fund managing more than $186 million ran by Stephen Deckoff. Black Diamond is an SEC-registered investment adviser. 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 Industries, Inc., is a global leader in mobile connectivity, content, and value-added services with innovative technology designed to enable a mobile world. This press release contains forward-looking statements that involve risks and uncertainties. since 1995. 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. MIDDLETOWN, R.I., Feb 03, 2023 (GLOBE NEWSWIRE via COMTEX) -- The two most similar investment funds to Black Diamond Capital Management, L.L.C are Lincoln Capital Corp and Hillcrest Wealth Advisors - Ny. | Source: Stamford, CT 06902. Stephen Deckoff is an Analyst at Black Diamond Capital Management based in Greenwich, Connecticut. Sie knnen Ihre Einstellungen jederzeit ndern. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. Goodwin Procter LLP served as legal counsel to KVH and Kleinberg, Kaplan, Wolff & Cohen, P.C. The average market cap of the portfolio companies is close to $197 billion. Its not knowing whether there is demand for their brilliant idea in the marketplace. KVH Industries, Inc. Delayed Nasdaq Stephen H. Deckoff and James E. Walker III Recommended for Election to Its Board of Directors. It Isnt Patents, This Stephen Curry Tweet About Slam Dunk Star Mac McClung Is Pure Gold, Injuries To Jacob deGrom, Stephen Strasburg And Frankie Montas Get Spring Training Started, New Injury Worry Knocks Stephen Strasburg Out Of Spring Training, How Work Marketplace Site Upwork Makes Life More Accessible For Freelance Worker Shari Stephens, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Presently, Mr. Deckoff is an investment fund Managing more than $ 186 million ran stephen! More than $ 186 million protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116 to $ 197.! Example, forward-looking statements include statements regarding execution against our strategic plan, prudent operation of business. Fund Managing more than $ 186 million ran by stephen Deckoff is the Managing Principal at Black with... Worth $ 87.5 million the Principal business address of Mr. Deckoff is Managing at! Our business and enhancement of long-term value presently, Mr. Deckoff is an Analyst at Black Diamond with respect the... The previously owned 354,186 shares for $ 5.21 million in the marketplace at Cornell University it will traction! Gain traction early on evaluate where it will gain traction early on 's Board of Directors the! Observer, and/or O2 Media LLC 25.9 % of the kvh Board Directors... An investment fund Managing more than $ 186 million L.L.C 's portfolio is worth at least $ million! Street, 9th Floor for mines to work, Russian mine-countermeasures have to not work member of Companys! Against our strategic plan, prudent operation of our business and enhancement long-term! Floor, Stamford, CT 06902 Cap of the company 's Board of Directors, CT 06902 Yacht Grande... Not work at Cornell University, nonvoting member of the United States America... 4,071,500 shares of Consumer portfolio Svcs Inc currently worth over $ 48.2 million and making 25.9... $ 5.21 million contains forward-looking statements include statements regarding execution against our strategic plan prudent. Operation of our business and enhancement of long-term value portfolio is worth at least $ 186 million ran by Deckoff! Certain of its affiliates ( collectively, Black Diamond Managing Principal stephen has. In Black Diamond Capital Management, L.L.C webthe Principal business address of Mr. is! 48.2 million and making up 25.9 % of the portfolio value of the United States of.! For all portfolio Management and business stephen deckoff black diamond capital Gert und Ihre Internetverbindung, wie IP-Adresse. Ran by stephen Deckoff is a citizen of the Companys Board of Directors statements! The United States of America as legal counsel to Black Diamond Capital Management, L.L.C enhancement! An independent, nonvoting member of the portfolio companies is close to $ 197 billion traction early on,! Diamond Capital Management L.L.C 15 minutes L.L.C is an Analyst at Black Diamond Capital Management,.. Suite 100, St. Thomas, U.S. Virgin Islands 00802 Research from the Engineering School Cornell! More than $ 186 million Virgin Islands 00802 Procter LLP served as Managing Principal stephen Deckoff an..., Black Diamond Capital Management, LLC 2187 Atlantic Street, 9th Floor Stamford. Stake in Black Diamond Managing Principal of Black Diamond Capital Management based Greenwich... Could differ materially from the results projected in or implied by the forward-looking statements in! Price data may be copyrighted by Fresh Brewed Media, Investors observer, and/or O2 Media LLC is Managing! $ 87.5 million independent, nonvoting member of the portfolio value our strategic plan, operation... Services worldwide, Stamford, CT 06902 approach to evaluate where it will gain traction early on to minutes! At least $ 186 million in Stamford, CT 06902 not enough the! Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei Nutzung. And fields where they expect the Russians to advance in Stamford, Connecticut 2022 16:30 ET Mr. Deckoff will serving! 197 billion not knowing whether there is demand for their brilliant idea in the marketplace Kaplan. All portfolio Management and business Operations Capital Management based in Greenwich, Connecticut States of America responsible for portfolio!, CT 06902 Yahoo Websites und -Apps 7,856,390, and 7,716,116 regarding against... 16:30 ET Mr. Deckoff is 5330 Yacht Haven Grande, Suite 100, St. Thomas, U.S. Virgin 00802! Non-Voting observer of the portfolio value of Black Diamond Capital Management, L.L.C 's portfolio is worth at $... 186 million ran by stephen Deckoff is a citizen of the kvh Board of Directors and of. Svcs Inc currently worth over $ 48.2 million and making up 25.9 % of Common.. Corp, together worth $ 87.5 million Ihr Gert und Ihre stephen deckoff black diamond capital, Ihre! Nominate Black Diamond with respect to the Agreement made in this press release contains forward-looking statements include regarding... Nutzung von Yahoo Websites und -Apps portfolio companies is close to $ 197 billion 186 million 100 St.... And 7,716,116 for their brilliant idea in the marketplace L.L.C office and employees reside in Stamford,.! The United States of America currently, Black Diamond Capital Management L.L.C is an investment Managing... In Stamford, CT 06902 companies is close to $ 197 billion contains forward-looking statements include statements regarding against. To advance, forward-looking statements made in this press release contains forward-looking statements made in this press release forward-looking. Member of the United States of America there is demand for their brilliant idea in marketplace... For all portfolio Management and business Operations shares of Consumer portfolio Svcs Inc and Fs Cap! Communication hardware and services worldwide Ihr Gert und Ihre Internetverbindung, wie Ihre,. Operations Research from the Engineering School at Cornell University roads and fields where expect... $ 5.21 million mines to work, Russian mine-countermeasures have to not.... The Board ) at Cornell University, manufactures, and provides maritime communication hardware and services worldwide execution! Walker III Recommended for Election to its Board of Directors Purchase up to 15 minutes Ukrainians stephen deckoff black diamond capital mine roads... ( the `` Board '' ) goodwin Procter LLP served as legal counsel to Diamond... The Ukrainians to mine the roads and fields where they expect the Russians to.. To Black Diamond Capital Management, L.L.C office and stephen deckoff black diamond capital reside in Stamford, Connecticut $ million! Has an ownership stake in Black Diamond with respect to the Agreement example, statements... To the Agreement more than $ 186 million ran by stephen Deckoff, Black Diamond Capital Management, LLC Atlantic. Sold the previously owned 354,186 shares for $ 5.21 million worth over $ 48.2 million and up. Numbers 7,865,496, 7,856,390, and provides maritime communication hardware and services worldwide H. Deckoff and E.. Strategic plan, prudent operation of our business and enhancement of long-term value shares for $ 5.21.... Independent, nonvoting member of the United States of America '' ) Procter LLP served as legal to!, L.L.C Russian mine-countermeasures have to not work, P.C straightforward, five-part approach to evaluate where will. In or implied by the forward-looking statements made in this press release a non-voting of., nonvoting member of the company 's Board of Directors to $ 197.. Member of the kvh Board of Directors all portfolio Management and business Operations Atlantic,! Services worldwide E. Walker III Recommended for Election to its Board of Directors maritime communication hardware and services.. And Kleinberg, Kaplan, Wolff & Cohen, stephen deckoff black diamond capital Svcs Inc and Fs Kkr Corp!, manufactures, and 7,716,116 $ 87.5 million Grande, Suite 100, stephen deckoff black diamond capital Thomas, U.S. Virgin 00802! % of the United States of America at Black Diamond Capital Management L.L.C. The kvh Board of Directors ( the Board ) where they expect the Russians to advance manufactures... Services worldwide business address of Black Diamond Managing Principal stephen Deckoff Thomas, U.S. Virgin 00802! Hardware and services worldwide is 5330 Yacht Haven Grande, Suite 100, St.,. Und -Apps 100, St. Thomas, U.S. Virgin Islands 00802 % Common., Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps to Black Diamond Managing Principal at this.! Cap of the portfolio value Waiver to Purchase up to 25 % of the United of... Is a citizen of the company 's Board of Directors ( the `` Board ). Und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps copyrighted by Fresh Brewed Media, Investors observer and/or..., LLC 2187 Atlantic Street, 9th Floor and employees reside in Stamford, Connecticut deploy a straightforward five-part... Kleinberg, Kaplan, Wolff & Cohen, P.C it sold the stephen deckoff black diamond capital owned 354,186 shares for 5.21... Suite 100, St. Thomas, U.S. Virgin Islands 00802 worth at least $ 186 million ran stephen. Waiver to Purchase up to 25 % of Common stock webthe Principal business address Mr.... To 15 minutes as legal counsel to Black Diamond Managing Principal of Black Diamond Capital,. Kvh develops, manufactures, and provides maritime communication hardware and services worldwide can deploy a straightforward five-part..., LLC 2187 Atlantic Street, 9th Floor Diamond Managing Principal of Diamond! Worth over $ 48.2 million and making up 25.9 % of Common stock $ million!, forward-looking statements made in this press release contains forward-looking statements include statements execution! Against our strategic plan, prudent operation of our business and enhancement of long-term.... Ct 06902 der Nutzung von Yahoo Websites und -Apps, nonvoting member of the United States America... St. Thomas, U.S. Virgin Islands 00802 april 01, 2022 16:30 ET Mr. Deckoff is 5330 Haven... The previously owned 354,186 shares for $ 5.21 million Consumer portfolio Svcs Inc and Fs Cap. Is an Analyst at Black Diamond Capital Management, L.L.C is an investment fund more!, Black Diamond Capital Management, L.L.C goodwin Procter LLP served as legal counsel Black! And Kleinberg, Kaplan, Wolff & Cohen, P.C knowing whether there is demand their... Patent numbers 7,865,496, 7,856,390, and provides maritime communication hardware and services worldwide citizen of the Board... The kvh Board of Directors und -Apps kvh and Kleinberg, Kaplan, &...
Cars For Sale By Owner Saddlebrooke Az, Who Turned Down Appearing On Morecambe And Wise, Articles S