In his new role Towne will focus on further strengthening the company's organisation and team capabilities by refining its strategies and go-to-market execution.
Prior to this he held the position of executive vice president and general manager at DTS, and he will continue to oversee all licensing, marketing and product management efforts on a day-to-day basis.
"Since I began at DTS, I have witnessed first-hand this company's commitment to bringing its customers best-in-class audio technology," said Towne. "DTS has evolved so much in the past few years, entering new markets
and expanding our presence in the digital technology landscape. I am honored to take on this new role and plan to help the company as we continue our rapid growth."
Towne first came to DTS in 2003 as the company's senior vice president, consumer/pro audio division and soon after moved into his role as senior vice president and general manager, consumer division before taking on his position as executive vice president and general manager in 2009. Prior to his time at DTS, Towne has served as director of product management at Kenwood USA Corporation and has also held various research and development and marketing positions at Pioneer Electronics (USA).