Britain Courts Anthropic Amid US Defense Department Dispute 
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
Pershing Square Bids €30.40 Per Share to Acquire Universal Music Group in $9.4B Deal 
SpaceX IPO: Retail Investors to Play Historic Role in Record-Breaking Public Offering 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
Apple Turns 50: From Garage Startup to AI Crossroads 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
MIDDLETOWN, R.I., Dec. 02, 2016 -- 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 [email protected] FTI Consulting Christine Mohrmann 212-850-5600
