We learned late last week of the passing of yet another audio industry pioneer, Martin L. (Marty) Borish. Borish passed away July 11 from cancer. Although lesser known than some, Borish was instrumental in driving industry adoption and growth of the affordable audiophile products segment, both directly with NAD – the electronics company he founded – and indirectly with many other companies that competed with them.
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Are Amazon Geeks Geekier than Best Buy’s?
Amazon Tests In-Home Installations
Recode is reporting that Amazon is testing an installation service for smart home products in several key test markets – in direct competition with Best Buy’s Geek Squad. While these two giants battle over the rights to install smart home solutions into the home, where does this leave the independent integrator?
See more of what we learned from Recode… [Read more…] about Are Amazon Geeks Geekier than Best Buy’s?
Bowers & Wilkins Notifies Dealers of Henderson’s Departure
STORY UPDATE
Shortly after we published our BREAKING NEWS report on the Bowers & Wilkins dismissal of President Doug Henderson, we obtained a copy of an email that was apparently sent by the company to all B&W dealers explaining the situation. We’d like to be able to say this note answered all questions surrounding the upheaval their actions caused, but it raised as many questions as it answered.
See the email Bowers & Wilkins sent to their dealers on Henderson’s departure… [Read more…] about Bowers & Wilkins Notifies Dealers of Henderson’s Departure
Bowers & Wilkins Dismisses President Doug Henderson
BREAKING NEWS
We have learned that Doug Henderson, President of B&W Group North America, was dismissed from the company earlier this week. There has been no official announcement from the company and B&W executives and employees have been unusually tight-lipped about the matter.
See what we’ve uncovered so far on this move by Bowers & Wilkins… [Read more…] about Bowers & Wilkins Dismisses President Doug Henderson
VANA, Ltd. Appoints Nancy Weiner as Managing Director
High-end specialty audio distributor VANA, Ltd. has appointed Nancy Weiner as its new Managing Director, replacing Stephen DeFuria, who passed away in April. Weiner had been VANA’s Marketing and Operations Manager and knows the company and its stable of unique high-end products very well.
See more on this new appointment by VANA. Ltd…. [Read more…] about VANA, Ltd. Appoints Nancy Weiner as Managing Director
Strata-gee Talks to New AVAD President Fred Farrar
AVAD, one of the custom integration industry’s leading distributors, is in the process of going through a major transformation, out from under the – some would say – clueless shadows of its previous owner, monster I.T. distributor Ingram Micro…to a more focused posture under new owner Kingswood Capital Management. Now being managed by CEO Tom Jacoby and President Fred Farrar, the company has begun a series of initiatives to transform their geographic footprint, business model, and push to higher revenues.
We spoke with new President Fred Farrar to find out what’s going on at AVAD… [Read more…] about Strata-gee Talks to New AVAD President Fred Farrar
Another Departure from CEDIA – VP Ron Fleming is Out
BREAKING NEWS
Only a matter of days after the announcement of Vin Bruno’s resignation as CEDIA CEO, and a few weeks after a 15% headquarters staff reduction, we now learn that Ron Fleming, CEDIA VP of Business Development is out in what appears to be a major reorganization at the industry trade group. The news went out earlier today in the form of an email from COO and interim CEO Tabatha O’Connor to exhibitors.
See more on this still-evolving story… [Read more…] about Another Departure from CEDIA – VP Ron Fleming is Out
Sony CEO Predicts 20-Yr High Op. Profit; Says Co. Needs More Innovation
Sony CEO Kazuo Hirai is feeling pretty good these days. After an incredibly tough turnaround period where many questioned his plan, Hirai said this week that the company expects to book an operating profit of ¥500 billion ($4.5 billion) in the fiscal year ending March 2018, its highest operating profit in 20-years according to a report by the Nikkei. But the CEO admits that, as good as this news is, the company is still short of a full turnaround.
What’s needed for a complete turnaround of Sony’s business? Innovation…
See more on what Sony’s CEO says the company needs to do… [Read more…] about Sony CEO Predicts 20-Yr High Op. Profit; Says Co. Needs More Innovation
DeFuria Memorial Service Set by Family
Stephen DeFuria, a well-known industry executive passed away early Sunday morning last weekend as we previously reported. At the time of that announcement, the family had not had the opportunity to make all of the necessary final arrangements before that post was published.
Now we have the latest information on DeFuria’s memorial service… [Read more…] about DeFuria Memorial Service Set by Family
Stephen DeFuria, Top Audio Executive & Friend to Many, Dies
Stephen DeFuria, a top specialty audio industry sales executive uniquely conversant in both high-end AND more mainstream audio, died early Sunday morning after a long battle with cancer. DeFuria was 61-years old and passed away at home with his family at his side.
