MIDDLETOWN, R.I. (AP) -- Satellite communications company KVH Industries Inc. said Wednesday that it has appointed Peter Rendall as its new chief financial officer.
He replaces Patrick Spratt, who is retiring after more than a decade with the company. Spratt will continue to work for KVH through a short transition period and then as a consultant.
Rendall worked most recently as consulting chief financial officer at information technology recruiting firm JobSmart Partners.
Shares of KVH, which is based in Middletown, R.I., increased 26 cents to $14.02 by midday.