Strategy in TECH...
On Monday, Sonos, Inc. (Nasdaq: SONO), in a filing with the Securities and Exchange Commission (SEC), revealed that Deirdre Findlay, Sonos Chief Commercial Officer, had resigned from her position with the company on February 19, 2025. This is yet another top executive, in this case, a top marketing position, to leave the company.
Hey Colorado integrators, you’ve got a guy on the inside now! Benjamin Larkin, President of renowned Denver AV retail and custom integration company ListenUp, has been appointed to the Colorado State Electrical Board. Appointed by Colorado Governor Jared Polis, Larkin brings an integrator’s perspective into a government regulatory body.
Sonance announced on Wednesday that it has named Tyler Kungl as Vice President of Luxury Residential Sales. Another in a series of recent hires, Sonance looks to be on the move, strategically increasing market presence and dealer support for various markets, both domestic and international.
I’m sorry to report that highly esteemed marketing and PR executive Peter Hoagland has died. The cause of his death was Glioblastoma (cancer of the brain), an illness he fought since his retirement four years ago. Hoagland’s 40+ year career in consumer electronics – where he helped an almost uncountable number of brands achieve greater success – has resulted in his influence reaching far and wide throughout our industry. Many industry folks know Peter and know him well, as evidenced by the many tributes to him popping up all over social media.
On Friday, Masimo Corporation (Nasdaq: MASI) notified the Securities and Exchange Commission (SEC) that current director Robert Chapek has tendered his resignation from the Masimo Board of Directors. According to the SEC filing, his resignation is effective as of the date of the 2025 annual meeting, an event that has yet to be scheduled.
Daisy, the new national brand that is both acquiring and franchising custom integration businesses, announced today that it celebrated the Grand Opening of its newest franchise location in Ocala, Florida on January 25th. This new location, owned and operated by Bert Herrero, joins the ever-expanding Daisy universe.
But wait! That name…Bert Herrero…sounds familiar. Isn’t he already a part of the Daisy organization?
Masimo Corporation’s (Nasdaq: MASI) Board of Directors announced late Tuesday afternoon that it has appointed Catherine “Katie” Syzman as the company’s new Chief Executive Officer (CEO) and as a director on the newly expanded board. Current Interim CEO Michelle Brennan will transition to a new role as Chairman of the Masimo Board. Finally, Lead Independent Director Quentin Koffey has been appointed Vice Chairman of the Board.
This announcement sets key pieces of the reconstituted management team in place, holding promise of a new era at the medical products company. All of the above changes take effect on February 12, 2025.
AVPro Global Holdings LLC, a company holding a diversified portfolio of top custom integration brands, such as AudioControl Pro, Murideo, Bullet Train, and more announced on Monday that it has selected Loel Wheeler to be its Vice President of Sales for Murideo – the company’s testing and measurement tools division.
In a move I have been anticipating for weeks, the Sonos Board has finally made a move and dismissed Patrick Spence as CEO as of this morning, Monday, January 13, 2025. The company has named a member of the Board – Tom Conrad – as an interim CEO, while a search has been launched for its next CEO.
Azione Unlimited, a buying group of predominantly custom integration dealers that is part of the Nationwide Marketing Group family of dealer buying organizations, announced recently that it is adding Mike Cleary, Sonance Senior Director of Strategic Accounts, to its Board of Advisors. Unique to Azione, for years it has maintained an advisory board consisting of five dealer members and five vendor members to operate as its “strategic think tank.” The board’s role is to assist group management in fostering innovation, enhancing business success, and strengthening connections within the smart home industry.
