---
schema_version: "secwatch.filing_event.v1"
accession: "0001007587-24-000001"
form_type: "8-K"
ticker: "KVHI"
cik: "0001007587"
company_name: "KVH INDUSTRIES INC DE"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:00:17.052203+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# KVH Industries to cease manufacturing by Q2 2024, cut 20% of workforce, record $4M-$6M inventory impairment

## Summary
- Wind down manufacturing at Middletown, RI facility by end Q2 2024; reduce headcount ~75 (20% of workforce).
- Expected severance charges of $3.3M ($3M cash, $0.3M non-cash).
- Inventory impairment estimated $4M-$6M; $1.9M write-off for discontinued accounting system project.
- CFO Roger Kuebel to leave March 31, 2024; succeeded by Anthony Pike effective April 1, 2024.
- COO Robert Balog terminated; last day April 12, 2024.

## SEC filing metadata
- accession: 0001007587-24-000001
- form_type: 8-K
- ticker: KVHI
- cik: 0001007587
- company_name: KVH INDUSTRIES INC DE
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.05, 2.06, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1007587/000100758724000001/0001007587-24-000001-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1007587/000100758724000001/kvhi-20240209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001007587-24-000001
- JSON: https://secwatch.observer/filing/0001007587-24-000001.json
- Plain text: https://secwatch.observer/filing/0001007587-24-000001.txt

## Key facts
- Executive change
  Roger A. Kuebel departed as Chief Financial Officer at KVH INDUSTRIES INC DE.
  - Action: departed
  - Role: Chief Financial Officer
  source text: Mr. Pike will succeed Roger A. Kuebel, whose last day in that position is anticipated to be March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1007587/000100758724000001/0001007587-24-000001-index.htm
- Executive change
  Anthony Pike was appointed as Chief Financial Officer at KVH INDUSTRIES INC DE.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On February 9, 2024, as part of the restructuring, the Board of Directors of the Company voted to appoint Anthony Pike to serve as the Company’s chief financial officer, effective April 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1007587/000100758724000001/0001007587-24-000001-index.htm
- Executive change
  Robert Balog was terminated as Chief Operating Officer at KVH INDUSTRIES INC DE.
  - Action: terminated
  - Role: Chief Operating Officer
  source text: the Board of Directors terminated the employment of Robert Balog, the Company’s Chief Operating Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1007587/000100758724000001/0001007587-24-000001-index.htm
- Restructurings & Charges
  KVH INDUSTRIES INC DE announced a impairment with charges of approximately $1.9 million.
  - Type: impairment
  - Charge: approximately $1.9 million
  source text: the Company expects to record a charge of approximately $1.9 million related to the write-off of capitalized costs and remaining contract costs related to the discontinuation of a project for implementing a new manufacturing-centric accounting system.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1007587/000100758724000001/0001007587-24-000001-index.htm
- Restructurings & Charges
  KVH INDUSTRIES INC DE announced a impairment with charges of between $4 million and $6 million.
  - Type: impairment
  - Charge: between $4 million and $6 million
  source text: The Company currently estimates that the increase will range between $4 million and $6 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1007587/000100758724000001/0001007587-24-000001-index.htm
- Restructurings & Charges
  KVH INDUSTRIES INC DE announced a restructuring with charges of approximately $3.3 million affecting manufacturing activities at its facility in Middletown, Rhode Island (approximately 75 employees, or approximately 20% of its total workforce).
  - Type: restructuring
  - Charge: approximately $3.3 million
  - Affected area: manufacturing activities at its facility in Middletown, Rhode Island
  - Headcount: approximately 75 employees, or approximately 20% of its total workforce
  source text: and the remaining terminations are expected to be completed by the end of the second quarter of 2024. The Company expects to incur aggregate severance charges of approximately $3.3 million, consisting of approximately $3.0 million of cash charges and approximately $0.3 million of non-cash charges arising from pre-existing contractual obligations to accelerate
  evidence_url: https://www.sec.gov/Archives/edgar/data/1007587/000100758724000001/0001007587-24-000001-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.