New CEO for LOUD Technologies19 October 2010
Former Crown International president Mark Graham has succeeded Rodney Olson as CEO of LOUD Technologies.
Olson is credited with steering LOUD successfully through supply chain disruptions and the global economic downturn.
PSN-e was informed that Olson will work with Graham on transition plans over the next few weeks, with the latter taking on all CEO responsibilities from 20 October. Olson will leave LOUD once the transition has been completed.
“I’m immensely proud of LOUD management’s achievements over the past two years,” commented Olson. “We simplified the company’s organisational 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.