Projo Biz Blog

Executive at Middletown company resigns

8:08 AM Tue, Sep 09, 2008 |
By Business staff    Email this author |   Email this entry

KVH Industries Inc. said Ian Palmer, executive vice president of satellite sales, told the company on Sept. 4 that he will resign to pursue other opportunities, effective on Sept. 19, according to a regulatory filing made by KVH.

"His resignation is not due to any disagreement with the company," the filing said. No replacement was named.

KVH made the filing with the U.S. Securities and Exchange Commission after the close of trading on Monday. The company's stock, (KVHI:Nasdaq) closed yesterday at $8.44 a share, up four cents a share.

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