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KVH Industries Names Brent
Bruun President, Chief Executive Officer, and
Director
June 22, 2022
KVH Industries, Inc.,
has appointed Brent C. Bruun as President and Chief
Executive Officer and a member of the Board. The
Board also appointed two seasoned industry
executives, David Kagan and David Tolley, as
directors of KVH.
Mr. Bruun has served as KVH’s
Interim President and Chief Executive Officer since
March 2022. He first joined KVH in 2008 and played a
critical role in the growth of the Company’s
industry-leading mobile connectivity business.
Cathy-Ann Martine-Dolecki,
Chair of the Board, commented, “We would like to
congratulate Brent on his appointment as President
and Chief Executive Officer. Our Nominating and
Corporate Governance Committee conducted an
extensive search process with the assistance of a
nationally recognized executive placement firm and
considered several well-qualified candidates. As the
process continued, it became clear that Brent is the
best choice to lead the Company going forward. He
has the right experience, deep knowledge of KVH and
our products and services, and management
capabilities to successfully execute on our
long-term strategy. We have already seen him succeed
in the interim position and are confident that he is
the right person to achieve the Company’s goals,
including sustained profitability, positive
operating income, and enhanced shareholder value.”
Mr. Bruun commented, “I am very
excited to take on the permanent Chief Executive
Officer role and appreciate the confidence the Board
has placed in me. I am committed to driving progress
across both the mobile connectivity and inertial
navigation businesses. I look forward to working
with the Board, senior leadership, and my fellow
employees around the world to expand upon our
foundation of innovation, leadership, outstanding
products, and commitment to customers as we work to
build sustainable results and drive profitability.”
Ms. Martine-Dolecki continued,
“We are also pleased to welcome Dave Kagan and David
Tolley to the Board. Both individuals bring
important experience and perspectives. Mr. Kagan is
a satellite industry veteran with more than 25 years
of relevant experience. Currently the CEO of
Globalstar, Inc., he brings executive leadership and
turnaround expertise, as well as finance and
transaction experience. Mr. Tolley brings decades of
extensive capital markets, financial and operating
experience, having served most recently as Chief
Financial Officer of each of Intelsat and OneWeb. He
also brings expertise investing across the satellite
and telecommunications industry and has significant
board experience. We look forward to working with
both of them.”
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