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Thiel Audio Story Takes a New and Troubling Turn

April 24, 2014 by Ted 3 Comments

*Strata-gee EXCLUSIVE*

Company Leaving Lexington after 38 Years, Moving to Nashville

Photo of Thiel FactoryThiel Audio Products Company (Thiel), the iconic high-end speaker manufacturer founded in 1976 in Lexington, KY by engineer Jim Thiel and two friends – and purchased by investors in 2012 – is in the throes of major change as we mentioned in our post last month. Now new details are slowly emerging…some of which are troubling.

See what we’ve learned about what’s transpiring…and what the company told Strata-gee… [Read more…] about Thiel Audio Story Takes a New and Troubling Turn

Filed Under: Manufacturers, News, Pivot Point, Specialty, Strategy Tagged With: Bill Thomas, Thiel Audio

Thiel Audio: DeFuria & Brown are Out; Is the Other Shoe Dropping?

March 6, 2014 by Ted 2 Comments

BREAKING NEWS

Photo of Thiel Factory

Our inquiry started innocently enough. Last week, we received an emailed press release that contained this headline: “VANA Ltd. Appoints Stephen DeFuria as Director of Sales, East.” Now we generally receive dozens of press releases every day – but this one caught our immediate attention…literally causing us to pick the phone to make a call for confirmation. Why? Because Stephen DeFuria was part of a team hired by Thiel Audio to help turn that business around – and now, only one year later, he is out…with no explanation. But that was just the beginning.

Now, there’s reason to question whether the “other shoe” may be dropping at Thiel… [Read more…] about Thiel Audio: DeFuria & Brown are Out; Is the Other Shoe Dropping?

Filed Under: Brands, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Bill Thomas, Bob Brown, Jim Thiel, Kathy Gornik, Stephen DeFuria, Thiel, Tom Thiel

Kathy Gornik: Why I Sold Thiel…

May 9, 2013 by Ted 16 Comments

*Strata-gee.com EXCLUSIVE*

Photo of Kathy GornikMuch has been written on the changes at Lexington, KY-based Thiel Audio Products Company (Thiel) in the wake of its purchase by a group of Tennessee investors that we first reported last November. Shortly after their acquisition, strata-gee.com was invited to speak with Bill Thomas – one of those Tennessee investors and now the new CEO of Thiel Audio. And a couple of months after that, we had the opportunity to speak with new Thiel interim COO and Board member Bob Brown.

But many Thiel-related reps and dealers kept asking us about co-founder and former President Kathy Gornik. Some of this curiosity was related to rumors that Gornik had been forcibly removed from the respected high-end loudspeaker company that she helped found. And some of the interest centered around an unanswered question, not covered by any of the press (including Strata-gee.com) as to why Gornik decided to sell the company.

Now, Gornik has granted Strata-gee.com an exclusive interview…to tell her side of the story… [Read more…] about Kathy Gornik: Why I Sold Thiel…

Filed Under: Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Bill Thomas, Bob Brown, Dawn Cloyd, Jim Thiel, Kathy Gornik, Thiel, Thiel Audio

Former Thiel Co-Founder Joins Magnet Supplier

March 21, 2013 by Ted Leave a Comment

Quadrant Solutions logoQuadrant Solutions, a supplier of magnets and magnetic assemblies announced today that Kathy Gornik, former co-founder of high-end loudspeaker manufacturer Thiel Audio, has joined the company in a new business development role. Gornik’s appointment is effective immediately.

See more on this announcement, including the status of fellow ex-Thiel employee Dawn Cloyd… [Read more…] about Former Thiel Co-Founder Joins Magnet Supplier

Filed Under: Manufacturers, News Tagged With: Dawn Cloyd, Kathy Gornik, Quadrant Solutions, Thiel

Thiel Audio’s Bob Brown Sees ‘Lots of Opportunity’

February 21, 2013 by Ted 2 Comments

THIEL Audio LogoAlthough things often move slowly in the world of high end audio – models stay in the line for years, product testing goes on for months, policies are practically carved in stone – upscale loudspeaker manufacturer Thiel Audio is undergoing an incredibly rapid series of changes in the wake of its purchase last November by a group of Tennessee-based investors. Their latest addition, the well-known industry personality Bob Brown as a Board member and Interim COO, generously granted strata-GEE.com an interview to discuss in detail just where Thiel is at – and where it’s going.

See what Brown told us about how he came to join the company, and where Thiel is going… [Read more…] about Thiel Audio’s Bob Brown Sees ‘Lots of Opportunity’

Filed Under: Manufacturers, Specialty, Strategy Tagged With: Bill Thomas, Bob Brown, Lenbrook, NAD, PSB, Stephen DeFuria, Thiel, Thiel Audio

Bob Brown Joins Thiel as Interim COO and Board Member

February 6, 2013 by Ted 1 Comment

Photo of Bob BrownIndustry veteran Bob Brown, known to many from his long tenure as President at Lenbrook America, has joined Thiel Audio as a member of their board of directors. Brown will also, effective immediately, begin serving as the company’s interim Chief Operating Officer (COO).

Thiel, as we recently reported, is in the middle of an exciting revival as the result of its recent purchase by a consortium of Tennessee investors led by current CEO Bill Thomas.

See more on this interesting new development for Thiel… [Read more…] about Bob Brown Joins Thiel as Interim COO and Board Member

Filed Under: Management, Manufacturers, News, Specialty, Strategy Tagged With: Bill Thomas, Bob Brown, Kathy Gornik, Lenbrook America, NAD, PSB, Thiel Audio, ZVOX

New THIEL CEO Tells Us THIEL’s the Real Deal

December 6, 2012 by Ted Leave a Comment

Photo of Thiel Factory“It’s really not that fancy,” new Thiel CEO Bill Thomas told us with a chuckle and a noticeable Southern drawl when we asked about his private equity company that was mentioned in a Thiel press release announcing its acquisition last week. [See our post on the acquisition here…] In a telephone interview with strata-GEE.com earlier this week, the 55-year old Thomas said it was simply he and two friends that came together to purchase Thiel Audio Products Company – not some high-powered M&A company.

This was just one of several surprises the CEO shared with us about the acquisition… [Read more…] about New THIEL CEO Tells Us THIEL’s the Real Deal

Filed Under: Manufacturers, News, Pivot Point, Specialty, Strategy Tagged With: Bill Thomas, Brad Paulsen, Dawn Cloyd, JBL, Kathy Gornik, Pioneer, Thiel

Thiel Audio Products Acquired by Tennessee Private Equity Company

November 28, 2012 by Ted Leave a Comment

BREAKING NEWS

Thiel logoStrata-gee.com learned from sources early today that Thiel Audio Products was sold last week to a Nashville, TN-based private equity company. Late today, the company distributed a formal press release confirming what we have heard. Kathy Gornik, CEO and President of the company is said to be leaving effective immediately and the release refers to “New Thiel CEO Bill Thomas.” [Read more…] about Thiel Audio Products Acquired by Tennessee Private Equity Company

Filed Under: Management, Manufacturers, News, Pivot Point, Specialty Tagged With: Amazon, Dawn Cloyd, Kathy Gornik, Thiel

THIEL Audio Appoints Scowcroft Associates as Rocky Mountain Reps

June 21, 2012 by Ted Leave a Comment

THIEL Audio LogoTHIEL Audio announced today that it has appointed Scowcroft Associates as its sales representative for the Rocky Mountain territory effective immediately. Well-known and respected in the territory, Scowcroft Associates is also very experienced in the sales of mid- to high-end product lines.

[Read more…] about THIEL Audio Appoints Scowcroft Associates as Rocky Mountain Reps

Filed Under: Management, Manufacturers, News, Specialty Tagged With: Robert Scowcroft, Rocky Mountains, Scowcroft Associates, Thiel

Thiel Audio Names New Independent Reps in California

March 1, 2012 by Ben Leave a Comment

<February 29, 2012> Thiel Audio Products Company announced this past Monday that itTHIEL Logo has appointed two new independent sales representative firms in the state of California – one for Northern California and another for Southern California. Both are well known with strong credentials for servicing the specialty and custom integration channels. [Read more…] about Thiel Audio Names New Independent Reps in California

Filed Under: Manufacturers, Specialty, Strategy Tagged With: Brad Paulsen, Clarity Business Group, Mark Cichowski, Reps, Rich Jackson, Thiel

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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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