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Management

Snap One Continues Local In-Market Expansion; Adds New Florida ‘Store’

November 4, 2021 by Ted Leave a Comment

snap one partner store logo

Snap One announced this week that it has opened another “Partner Store” – a locally based warehouse location – that carries its products as well as other brands and offers support and training for area integrators. This new location opened in Hollywood, Florida, and – interestingly – is being operated by their Allnet branch.

See more on the continued expansion of Snap One

[Read more…] about Snap One Continues Local In-Market Expansion; Adds New Florida ‘Store’

Filed Under: Brands, Distributors, Management, Manufacturers, News Tagged With: Bill Zidek, expansion, Snap One, SnapAV

CEDIA Appoints New Head of Education & Training

November 3, 2021 by Ted Leave a Comment

Photo of CEDIA HQ
CEDIA’s new headquarters building in Fishers, Indiana

Custom Electronic Design & Installation Association (CEDIA) announced today that it has appointed Amanda Beckner as its new Vice President of Education and Training. Beckner replaces the recently departed Samantha Ventura and is said to bring two decades of experience to the role. Most notably, Beckner was VP of Learning for AVIXA, the commercial integrator trade group.

Learn more about Amanda Beckner at CEDIA

[Read more…] about CEDIA Appoints New Head of Education & Training

Filed Under: Associations, Education, Integrators, Management, News, People, Training Tagged With: Amanda Beckner, CEDIA

Emerald Says Fiscal ’21 Q3 Revenues Up & Losses Down as Live Shows Restart

November 3, 2021 by Ted 1 Comment

CEDIA Expo 2021 staged by Emerald

But Were Things as Rosy as Its Report Suggests?

Emerald Holding, Inc. [NYSE:EEX] (Emerald), formerly Emerald Expositions and owner of the CEDIA Expo and CE Pro, announced this week that, thanks to the restart of live events in the third quarter of fiscal 2021, they were able to see a substantial reduction in their net losses on a significant revenue gain as compared to the same quarter in 2020 – the year of COVID shutdowns. While the company is still battling its event cancellation insurance providers in a California court for reimbursement for past canceled and impacted events, they say that they see the road to recovery ahead.

See more on the Q3 announcements from Emerald

[Read more…] about Emerald Says Fiscal ’21 Q3 Revenues Up & Losses Down as Live Shows Restart

Filed Under: Financial, Management, News, Shows & Events Tagged With: CEDIA Expo, Emerald Expositions Events, Emerald Holding Inc.

UEI Earns Wide National News Coverage for All the Wrong Reasons

October 21, 2021 by Ted 2 Comments

UEI screenshot with logo

Allegations of Conspiring With China’s Gov’t to Use Uyghurs in a Forced Labor Arrangement

In a rare show of bipartisanship, a group of U.S. Senators has sent a strongly worded letter to a leading consumer electronics industry remote control maker Universal Electronics, Inc. (UEI) launching a probe into the company’s hiring practices in China. Unique to UEI is that they own their own factories in China (most contract with existing China OEM factories) and a recent damning investigation by Reuters alleges the company is working with the Chinese government to utilize a widely persecuted Uyghur minority in a forced labor arrangement, a human rights violation. UEI has denied the accusation but so far has not provided data to back up their denial.

See more on the UEI labor situation in China

[Read more…] about UEI Earns Wide National News Coverage for All the Wrong Reasons

Filed Under: Brands, Law, Management, Manufacturers, News, People Tagged With: human rights, Microsoft, Paul Arling, Samsung, Sony, UEI, Universal Electronics Inc, Uyghur

CEDIA Names Daryl Friedman as New CEO; Has Extensive Association Experience

October 20, 2021 by Ted 4 Comments

Photo of Daryl Friedman

New CEDIA CEO Tells Strata-gee, ‘I Promise You Transparency’

The Custom Electronic Design & Installation Association (CEDIA) announced today that it has named Daryl Friedman as its new Global President & CEO. Friedman’s appointment is effective as of November 27, 2021. Don’t know that name? I’m not surprised as Friedman, an experienced Association executive, comes from the Recording Academy…the folks who bring you the Grammy awards. In an interview this week, Friedman told me that he’s close to the engineers and producers – the highly technical folks in his current association – so he brings a clear technology appreciation to his new role.

Learn more about CEDIA selecting Daryl Friedman as CEO

[Read more…] about CEDIA Names Daryl Friedman as New CEO; Has Extensive Association Experience

Filed Under: Associations, Integrators, Management, News

Well-Known Industry Vet Lawrence Davis Joins Vital

October 14, 2021 by Ted Leave a Comment

logo for Vital

CI coaching business Vital announced this week that well-known industry veteran Lawrence Davis has joined the company as its new VP of Business Development. The company says that this move is “the first step in their growth plan.”

See more on Vital hiring Lawrence Davis

[Read more…] about Well-Known Industry Vet Lawrence Davis Joins Vital

Filed Under: Brands, Financial, Integrators, Management, News, People Tagged With: Jeremy Burkhardt, Matt Bernath, Paul Starkey, Steve Firszt, Vital, Vital Management

Moody’s Upgrades Credit Rating of Once Bankrupt Guitar Center, Parent of AVDG

October 12, 2021 by Ted Leave a Comment

Moody’s Investors Service, one of the nation’s largest credit rating agencies, announced last week that it has raised the credit rating of Guitar Center, the owner of custom integration company Audio Visual Design Group. Guitar Center has struggled for years, finally falling into bankruptcy – from which it emerged about ten months ago in December 2020.

Read more about Guitar Center & AVDG’s elevated rating

[Read more…] about Moody’s Upgrades Credit Rating of Once Bankrupt Guitar Center, Parent of AVDG

Filed Under: Brands, Dealers, Financial, Integrators, Management, News Tagged With: Audio Visual Design Group, AVDG, Guitar Center

Nortek Security & Control Acquired by Italy’s Nice

October 5, 2021 by Ted 3 Comments

Nice headquarters in Oderzo, TV, Italy

Nice, a global manufacturer of Smart Home, Security, and Home & Building Automation products based in Italy, announced today that it has acquired Nortek Security & Control – purchased from Melrose plc for $285 million. The move expands Nice’s portfolio and strengthens its North American presence.

See more on this new Italian home for Nortek Control

[Read more…] about Nortek Security & Control Acquired by Italy’s Nice

Filed Under: Brands, Financial, Management, Manufacturers, News, Strategy Tagged With: acquisition, Nice, Nortek, Nortek Security & Control

Executive Search Firm The Park West Group Names Managing Director

September 29, 2021 by Ted Leave a Comment

A leading tech industry-focused executive search firm, The Park West Group, has recently expanded by adding Mark Crandell as its Managing Director. The company, which touts the tagline “Wired for Success,” says this expansion of its team will both help to drive organizational effectiveness and open new opportunities for growth.

See more about Mark Crandell and The Park West Group

[Read more…] about Executive Search Firm The Park West Group Names Managing Director

Filed Under: Management, People Tagged With: Dan Rosenfeld, Mark Crandell, The Park West Group

Who Owns the CEDIA Expo? And Other Important Questions of Context

September 29, 2021 by Ted 2 Comments

CEDIA Expo 2021

As I am sure that most readers of this post will know, during CEDIA Expo at the beginning of September, I published a continuously updated post tracking which previously announced exhibitors subsequently made the decision to pull out of the event as the COVID Delta variant raged on. A remarkable realization occurred as I worked on that post, literally speaking with dozens, if not hundreds, of exhibitors and attendees for that event – many of them were confused about who owned the CEDIA Expo!

See why who owns the CEDIA Expo matters…

[Read more…] about Who Owns the CEDIA Expo? And Other Important Questions of Context

Filed Under: Associations, Brands, Financial, Management, News Tagged With: CE Pro, CEDIA, CEDIA Expo, Connected Design, Dealerscope, Emerald Expositions, Future Plc, IFA, Residential Systems

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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