KVH Industries Names Chairman and Lead Director
03 August 2007 - 6:30AM
PR Newswire (US)
MIDDLETOWN, R.I., Aug 2 /PRNewswire-FirstCall/ -- KVH Industries,
Inc., (NASDAQ:KVHI) announced today that Martin Kits van Heyningen
has been elected Chairman of the Board. Mr. Kits van Heyningen, one
of the founders of the company, will fill this role in addition to
retaining his current positions as President and Chief Executive
Officer. He succeeds Mr. Arent Kits van Heyningen, who recently
retired from the board and has been elected Chairman Emeritus. At
the same time, Mr. Mark S. Ain has been named Lead Director for
KVH's Board of Directors. In this role, Mr. Ain will coordinate the
activities of the other independent directors and perform such
other duties and responsibilities as the Board of Directors
determines. Mr. Ain has been a member of the Board since 1997, and
currently holds the post of Chairman of the compensation committee.
He is the Executive Chairman of the Board of Directors of Kronos
Incorporated, which he founded in 1977. About KVH Industries, Inc.
KVH Industries, Inc., is a premier manufacturer of systems to
provide access to live mobile media ranging from satellite TV to
telephone and high- speed Internet for vehicles and vessels as well
as a leading source of navigation, pointing, and guidance solutions
for maritime, defense, and commercial applications. The company's
products are based on its proprietary mobile satellite antenna and
fiber optic technologies. An ISO 9001-certified company, KVH is
based in Middletown, Rhode Island. DATASOURCE: KVH Industries, Inc.
CONTACT: Chris Watson of KVH Industries, +1-401-845-8138, Web site:
http://www.kvh.com/
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