FOR IMMEDIATE
RELEASE
Mark Graham Succeeds Rodney Olson as LOUD Technologies CEO
Audio industry veteran to lead next-phase growth efforts
WOODINVILLE,
WA – October 13, 2010 – 20-year audio industry
veteran Mark Graham, formerly President of Crown International, today
joined LOUD Technologies Inc. (“LOUD”) as CEO. Graham
succeeds Rodney Olson, who, over his 2-year tenure as CEO, successfully
steered LOUD through supply chain disruptions and the worldwide economic
downturn.
“I’m
immensely proud of LOUD management’s achievements over the past
two years,” commented Olson. “We simplified the Company’s
organizational structure and brand portfolio; restored stability and
added capacity to our supply chain; and solidified the Ampeg, EAW,
Mackie, and Martin Audio brands’ leadership positions through
significant new product launches. Thanks to those efforts, LOUD is
now well positioned for growth as the world economy recovers.”
“As
both a former competitor, as well as audio industry veteran, I’ve
closely followed LOUD’s moves over the years and have great
admiration for the Company’s brands and their lauded market
positions,” commented Graham. “I look forward to joining
the LOUD management team and working with them to build on the solid
momentum they have begun. It is truly exciting to be joining the LOUD
team which has such great potential to deliver compelling and innovative
new products and solutions to our customers.”
Graham
will relocate to the Company’s Woodinville, WA USA headquarters
and will work with Olson and LOUD’s management team on transition
plans over the ensuing weeks.
About
LOUD Technologies Inc.
LOUD
Technologies Inc. (“LOUD”) is one of the world’s
largest professional audio and musical instrument product companies.
Through its industry-leading brands Alvarez, Ampeg, Crate, EAW, Mackie,
and Martin Audio, LOUD produces and distributes a wide range of loudspeakers,
analog and digital mixers, commercial audio systems, guitars and guitar
and bass amplifiers. LOUD’s brands may be found in professional
and project recording studios, video and broadcast suites, post-production
facilities, sound reinforcement applications including churches, nightclubs
and retail locations, and on major musical tours.
For
more information please contact: LOUD Technologies Inc. – 16220
Wood-Red Road N.E. – Woodinville, WA 98072 – Phone: (425)
487-4333 – Fax: (425) 487-4337 – Internet: www.loudtechinc.com.