Strategy in TECH...
By any measure, Sean Weiner has had an exemplary run in custom integration. His blue-chip resume includes significant roles with custom integrators such as Myer Emco, Starr Systems, and Bravas, where he was the organization’s Chief Technology Officer.
But now he’s left the role of integrator and created something new, called Spexi Advisory. And in so doing, he may have created a new business model – something that puts him on the side of the buyer (client).
Many in the industry were stunned to learn Thursday afternoon that popular custom integration editor and reviewer Robert “Bob” Archer was released from his prominent role at CEPro by owner Emerald Expositions. It was an inauspicious conclusion to a long, illustrious career at one of the top industry trade publications, where Archer’s insightful product reviews could make a real impact on the success of a product in the market.
Azione Unlimited, a leading North American buying group of upscale custom integrators, announced on Wednesday that it has formed the Azione Collective, a group of women drawn from all walks of the greater Azione ecosystem who have come together to “empower connection, mentorship, and growth.”
Just days after Amazon put on its glitzy annual devices and services showcase for the media in New York City, employees were surprised to learn that a Vice President who helps oversee the devices division is leaving the company. In an internal memo circulated to employees, and viewed by Reuters News Agency, it was announced that Rob Williams, Vice President of Device Software and Services – and part of a small elite group of executives with direct access to CEO Andy Jassy known as the S-team – stepped down from his post…and furthermore, will leave the company entirely at year-end.
Here is a really smart idea: AVPro Global, one of the industry’s fastest-growing manufacturers of a wide range of products designed specifically for the residential and commercial custom integration spaces, is creating an “Expert Advisory Board.” Why is that smart? Because a well-selected advisory board can be a great sounding board (no pun intended) on strategies and tactics, and an almost limitless source of fresh ideas and perspectives for driving above-average growth.
The first expert appointed to this board is well-known industry executive Wally Whinna, formerly of ADI/Snap One, AVAD, Tandem Marketing, and Allnet.
The long-awaited closing of Masimo Corp.’s (NASDAQ: MASI) sale of Sound United (formerly Masimo Consumer) to Harman International, a subsidiary of Samsung Electronics, has been formally completed. Both parties of the transaction put out their own separate announcements, with Masimo’s version quite short and perfunctory, while Harman’s gave little more than an inkling of what is to become of Sound United.
I wrote last week about the sudden announcement from Masimo Corporation (Nasdaq: MASI) that director Bill Jellison had resigned his position on the board, a position he had held for less than a year. What was remarkable about the Masimo announcement was not so much because of what it said – rather, even more mysterious was what it didn’t say – with no clue offered as to why or under what circumstances this resignation occurred.
Now we know more…and it is big! Former director William “Bill” Jellison is one of two new directors at Medtronic plc (NYSE: MDT), one of Masimo’s biggest competitors in the pulse oximetry segment.
AVPro Global Holdings, LLC – parent company of AVPro Edge, AudioControl Pro, RTI, Murideo, Bullet Train, and ThenAudio – has been officially recognized by Inc. Magazine as one of the fastest-growing private companies in America. The magazine has officially placed AVPro Global on its annual list of fast-growing companies known as – the Inc. 5000.
On Monday, in an 8-K filing with the Securities and Exchange Commission, Masimo Corporation (Nasdaq: MASI) informed regulators that William Jellison, a member of the Masimo Board of Directors, has resigned his position as of that same day. No reason was offered as to why Jellison chose to leave his relatively new role with the company, presenting us all with a bit of a mystery.
After markets closed on Tuesday, Masimo Corporation [Nasdaq: MASI] released its results for the second quarter of Fiscal Year 2025, and to my eyes, they looked really solid. Revenues grew by a respectable 8%, operating profits grew by 54%(!), operating margins improved by 520 basis points (that’s 5.2% more than last year), and earnings per share shot up an eye-popping 78%(!) What’s not to like?
Yet on Wednesday, the first trading day after these results were announced, the value of MASI shares actually dropped 12%! What?!?!
