KVH to Further Refresh Its Board of Directors

KVH Industries, Inc., (Nasdaq: KVHI), a leading provider of mobile connectivity and inertial navigation solutions, announced today that it has nominated two new highly qualified independent director candidates, Cielo Hernandez and Cathy-Ann Martine-Dolecki, for election to the KVH Board of Directors (the “Board”) at the Company’s upcoming 2021 Annual Meeting of Stockholders (the “Annual Meeting”).

On behalf of the Board, Martin Kits van Heyningen, KVH’s chairman and chief executive officer, stated:

“We are confident that Ms. Hernandez and Ms. Martine will be fantastic additions to the KVH Board. They are both high integrity executives with demonstrated records of business achievement in relevant industries.

Notably, Ms. Hernandez is a public company CFO with experience in the commercial maritime and satellite communications industries. Her experience in technology from her time at DirectTV will be invaluable to KVH as the leader in marine satellite television for more than 25 years.

Ms. Martine has extensive global leadership experience in the telecommunications industry, including as the leader of a $25 billion business for AT&T. Her experience will help guide KVH as we move towards blended 5G hybrid satellite solutions.

The Board and I are looking forward to their contributions.”

Two of KVH’s current directors, Mark S. Ain and Stanley K. Honey, are expected to conclude their service on the Board at the Annual Meeting.

“Mr. Ain and Mr. Honey have provided many years of valuable service and we are grateful for their innumerable insights and contributions,” added Mr. Kits van Heyningen.

These nominations represent a continuation of the Board’s refreshment efforts over recent years. With the addition of these two new directors at the Annual Meeting, four of the Company’s six independent directors will have joined the Board recently (in 2020 and 2021), including Robert Tavares, who joined at the recommendation of one of our largest shareholders, Vintage Capital Management, LLC. Further, four directors will have rotated off the Board within the past four years.

KVH today filed its preliminary proxy statement for the Annual Meeting. The Board encourages KVH stockholders to read all of the Company’s Annual Meeting materials when they are available and to vote in favor of the Board’s candidates on the BLUE proxy card.

Cielo Hernandez Biography

Since April 19, 2021, Cielo Hernandez has served as Chief Financial Officer of XL Fleet Corp. (NYSE: XL), a leading provider of fleet electrification solutions for commercial vehicles in North America. Previously, Ms. Hernandez served as Senior Vice President and Chief Financial Officer of South Jersey Industries, Inc., a publicly traded energy services company. Prior to that, she served as Vice President and Regional Chief Financial Officer of Maersk Line, North America, a division of A.P. Moller-Maersk Group, a global container logistics company. She also served as Vice President and Regional Chief Financial Officer, Latin America of APM Terminals, a division of A.P. Moller-Maersk that operates a global network of ports. Previously, Ms. Hernandez held various positions in finance and administration at Amcor plc, a global packaging solutions company, including most recently Regional Chief Financial Officer, Central America and Caribbean. Ms. Hernandez received a Bachelor of Business Administration in Accounting from the Universidad Santiago de Cali (Colombia) and a Master of Business Administration with specialization in International Business from the University of Miami. She is a CPA and holds a Certification in Human Resources Talent Management from Universidad Santiago de Cali, Colombia as well as Certifications in Executive Leadership and High-Performance Leadership from Cornell University, and Strategic Leadership and Improving the Business from IMD University Switzerland. Ms. Hernandez is also a board member at Rowan University Foundation.