KVH Industries Announces Appointment of Chief Financial Officer
03 December 2016 - 6:30AM
KVH Industries, Inc., (Nasdaq:KVHI) today announced that its Board
of Directors has appointed Donald Reilly to serve as Chief
Financial Officer effective December 19, 2016. Mr. Reilly will
succeed John McCarthy, who has served as Interim Chief Financial
Officer since May 2016. Mr. McCarthy will remain with KVH to
facilitate the transition.
Martin Kits van Heyningen, Chairman and Chief Executive Officer
commented, “We are thrilled to have Don join the KVH team. Don’s
strong financial expertise and experience leading global companies
will further strengthen our financial function. We are confident
that Don’s background and experience will make him an invaluable
asset as we continue to pursue attractive growth opportunities and
maintain our market leadership position.”
Mr. Reilly most recently held the position of Vice President,
Corporate Controller and Chief Accounting Officer at Nortek, Inc.,
a publicly traded manufacturer and distributor of products and
systems for use in building and remodeling homes and commercial
structures. Prior to Nortek, Mr. Reilly held various positions in
finance, including serving as Chief Financial Officer of GTECH
Corporation, a gaming technology and services company. Before
joining GTECH, Mr. Reilly served as Vice President and Chief
Financial Officer of Amtrol, Inc., a publicly traded manufacturer
of water system solutions and HVAC products. Mr. Reilly began his
career at Ernst & Young LLP, where he served as a senior audit
manager in Providence, Rhode Island and later at its national
office in Cleveland, Ohio.
“I am very excited to join KVH and work closely with KVH’s
talented management team,” said Mr. Reilly “I look forward to
further building upon the Company’s solid track record of
delivering innovative products for all of its customers.”
About KVH Industries, Inc.
KVH Industries is a leading manufacturer of solutions that
provide global high-speed Internet, television, and voice services
via satellite to mobile users at sea and on land and is a leading
news, music, entertainment, and training content provider to many
industries including maritime, retail, and leisure. KVH Industries
is also a premier manufacturer of high-performance sensors and
integrated inertial systems for defense and commercial guidance and
stabilization applications. KVH is based in Middletown, RI, with
research, development, and manufacturing operations in Middletown,
RI, and Tinley Park, IL. The company’s global presence includes
offices in Belgium, Brazil, Cyprus, Denmark, Hong Kong, India,
Japan, the Netherlands, Norway, the Philippines, and the United
Kingdom.
Contact:
KVH Industries, Inc.
John F. McCarthy
401-608-8960
jfmccarthy@kvh.com
FTI Consulting
Christine Mohrmann
212-850-5600
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