CARLSBAD, Calif., Nov. 17, 2021 /PRNewswire/ -- Viasat
Inc. (NASDAQ: VSAT), a global communications
company, today announced Kevin
Harkenrider has been appointed chief operating officer
(COO). Harkenrider previously served as Viasat's executive vice
president, Global Operations and Chief Operations Officer.
"A 15-year Viasat veteran, Kevin has proven to be a successful
and trusted leader, building a strong reputation for ensuring
accountability, developing people, inspiring teams and delivering
results," said Rick Baldridge,
president and CEO, Viasat. "Kevin has served in multiple senior
leadership roles during his tenure with the Company, has a wealth
of global experience and has built an impressive track record of
strategic and operational accomplishments, making him uniquely
qualified to help accelerate our global growth profile. Kevin is
emblematic of the deep executive bench we have developed at Viasat.
I have full confidence in his appointment as COO at this important
time."
Harkenrider will oversee the operational structure and controls
of the Company, while also being responsible for the alignment of
Viasat's world-class innovation engine with operational priorities.
He will work closely with Rick
Baldridge as well as Executive Chairman Mark Dankberg and Viasat's executive leadership
team to drive, extend and optimize Viasat's investments, market
leadership position and operational focus.
"Viasat's global vision and strategy have never been more
compelling," said Harkenrider. "I have had the pleasure to
work as part of, and alongside, our talented global management
team, and as I move into the COO role, I will do my best to help
the Company innovate, scale and reach its next phase of growth. I
am committed to increasing the value we can deliver to our global
customers, partners and investors, while striving to make Viasat
the employer of choice to our current and future employees."
Harkenrider joined Viasat in October
2006 and has held multiple senior leadership roles. He most
recently served as Executive Vice President, Global Operations and
Chief Operations Officer, where he was responsible for Viasat's
global supply chain and product delivery strategy; corporate
quality and product integrity; and worldwide facilities. Prior he
held the positions of President, Viasat Commercial Networks and
President, Viasat Broadband Services. Before joining Viasat,
Harkenrider served in management positions with Computer Sciences
Corporation, BAE Systems, Mission Solutions and General Dynamics
Corporation. He holds a Bachelor of Science degree in Civil
Engineering from Union College and an
MBA degree from the University of
Pittsburgh.
About Viasat
Viasat is a global communications
company that believes everyone and everything in the world can be
connected. For more than 35 years, Viasat has helped shape how
consumers, businesses, governments and militaries around the world
communicate. Today, the Company is developing the ultimate global
communications network to power high-quality, secure, affordable,
fast connections to impact people's lives anywhere they are—on the
ground, in the air or at sea. To learn more about Viasat,
visit: www.viasat.com, go to Viasat's Corporate Blog, or
follow the Company on social media at:
Facebook, Instagram, LinkedIn, Twitter or YouTube.
Forward-Looking Statements
This press release contains
forward-looking statements that are subject to the safe harbors
created under the Securities Act of 1933 and the Securities
Exchange Act of 1934. Forward-looking statements include statements
that refer to the focus and responsibilities of Harkenrider;
Viasat's growth trajectory; Viasat's globalization; the launch of
the ViaSat-3 constellation; expansion of Viasat's reach and
capabilities; broadening of footprint and leadership position;
future vision and innovation; and execution and customer focus.
Readers are cautioned that actual results could differ materially
from those expressed in any forward-looking statements. Factors
that could cause actual results to differ include: our dependence
on a limited number of key employees; our ability to successfully
implement our business plan for our broadband satellite services on
our anticipated timeline or at all; negative audits by the U.S.
government; continued turmoil in the global business environment
and economic conditions; delays in approving U.S. government
budgets and cuts in government defense expenditures; our reliance
on U.S. government contracts, and on a small number of contracts
which account for a significant percentage of our revenues; our
ability to successfully develop, introduce and sell new
technologies, products and services; reduced demand for products as
a result of continued constraints on capital spending by customers;
changes in relationships with, or the financial condition of, key
customers or suppliers; our reliance on a limited number of third
parties to manufacture and supply our products; increased
competition and other factors affecting the communications and
defense industries generally; the effect of adverse regulatory
changes on our ability to sell products and services; our level of
indebtedness and ability to comply with applicable debt covenants;
and our involvement in litigation, including intellectual property
claims and litigation to protect our proprietary technology. In
addition, please refer to the risk factors contained in our SEC
filings available at www.sec.gov, including our most recent
Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
Readers are cautioned not to place undue reliance on any
forward-looking statements, which speak only as of the date on
which they are made. We undertake no obligation to update or revise
any forward-looking statements for any reason.
Copyright © 2021 Viasat, Inc. All rights reserved. Viasat,
the Viasat logo and the Viasat signal are
registered trademarks of Viasat, Inc. All other product
or company names mentioned are used for identification purposes
only and may be trademarks of their respective owners.
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SOURCE Viasat, Inc.