BRIEF: CFO at Middletown company to retire
Feb 24, 2012 (The Providence Journal - McClatchy-Tribune Information Services via COMTEX) --
Patrick Spratt, chief financial officer at KVH Industries, in Middletown, plans to retire later this year after a successor is found. He turns 65 in November. Spratt said he is willing to serve as a consultant during his retirement.
He served as chief financial officer since July 2002.
Martin Kits van Heyningen, KVH's president and chief executive officer, said, "Pat has made an incredible contribution to our success during his tenure. He has helped us grow the company profitably over the years and is leaving the company on a very strong financial footing."
KVH Industries (KVHI:Nasdaq) makes high-speed Internet, television and voice services delivered through satellite to mobile users.
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