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BK Technologies Board of Directors Elected Joshua S. Horowitz As Chairman of the Board; Succeeds Previous Chairman, Kyle D. Cerminara, Who Has Stepped Away From The BK Technologies Board To Focus On Other Endeavors

Author: Benzinga Newsdesk | December 20, 2023 09:34am

BK Technologies Corporation (NYSE:BKTI) (the "Company," "BK Technologies") today announced that the Board of Directors has elected Joshua S. Horowitz as Chairman. Mr. Horowitz was elected to the Board of Directors by the Company's stockholders at the 2023 Annual Meeting of Stockholders on December 14, 2023. Mr. Horowitz succeeds previous Chairman, Kyle D. Cerminara, who has stepped away from the BK Technologies Board to focus on other endeavors.

Prior to his election to the Board of Directors, Mr. Horowitz served as an adviser to the BK Technologies Board since November 2021.

Mr. Horowitz is a professional investor with over 22 years of investing experience. Since January 2012, he has served as a portfolio manager and Managing Director at various Palm entities, first with Palm Ventures LLC and currently with Palm Management (US) LLC, where he manages the Palm Global Small Cap Master Fund. He was formerly Director of Research at Berggruen Holdings, a multi-billion-dollar family office, and was a research analyst at Crossway Partners LP, a value strategy investment partnership.

In addition to his experience in the financial industry, Mr. Horowitz brings extensive public company board experience. Earlier in his career, he served as a director of The Lincoln General Insurance Company (private) from October 2011 to November 2015, 1347 Capital Corp from July 2014 to July 2016, and 1347 Property Insurance Holdings, Inc. from April 2015 to April 2018. He served as both Director, and ultimately, Interim Chairman of the Board of Directors of Birner Dental Management Services, Inc. from December 2017 until the Company's sale to Mid Atlantic Dental Partners in January 2019. At the time of his service, Birner was the only publicly traded dental service organization (DSO) in the country with 67 offices and over 500 employees.

Mr. Horowitz holds a B.S. in Management from Binghamton University and studied at the Bath School of Management in the United Kingdom.

"During the past few years working with the BK Technologies Board, I've seen first-hand how well the Company is positioned to address growing and diverse end markets with its portable communication technologies and expertise. BK equipment is designed to enable emergency responders to drive efficiency and safety when responding to situations in the field, and the demand for our solutions is rapidly increasing. I look forward to expanding my role at a truly dynamic time for the Company. On behalf of the Board, I'd like to thank Kyle Cerminara for his leadership and his many contributions which have helped build the strong foundation from which BK will continue to grow."

Posted In: BKTI

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