By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Vista, Calif. – DEI Holdings CEO Jim Minarik has assumed direct responsibility for the company’s Directed car security and remote-start business following last week’s departure of Directed president Mike Simmons to pursue other interests.
The company hasn’t yet assessed whether a replacement for Simmons will be named, Minarik told TWICE.
Simmons was with Directed for five years and became president almost two years ago.
Minarik said he is “excited about getting re-engaged” with the security and remote-start business.
Direct has held onto more than 50 percent market share in 2011 and 2012 even though the market declined, in large part because warm winters in 2011 and 2012, he said. For the coming winter season, however, dealer load-in has been “optimistic,” he said.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.