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Cohn Leaves D&M; Organizational Changes Made

9/02/2011 12:36:28 PM Eastern

Mahwah, N.J. -Phil Cohn, D&M's
SVP of sales and marketing for three audio brands, left the company, which is
also making organizational changes, said Jim Caudill, D&M's chairman,
president and CEO.

Kevin Zarow, Marantz's sales and
marketing VP, is taking on the new title of senior VP of sales for the Denon,
Marantz, and Boston Acoustics brands and will report directly to Caudill. The
company will also create a new product marketing VP position to lead the company's
Denon and Marantz product development efforts, Caudill said.

Cohn left D&M today, Sept. 2,
after seven years "to pursue career interests outside of the consumer
electronics industry," the company said in a statement that wished Cohn well.

"None of these changes will
affect the day-to-day operations of D&M and our brand companies," the
company added. "We look forward to continuing to refine and improve our sales
and marketing capabilities in order to be an even stronger and more effective
ally for all of our valued retail and custom integration partners across North
America."

Cohn's departure follows the late
July departure
of Bob Weissburg
, D&M's sales and marketing president /Americas; the
June departure
of Eli Harary
, senior VP of global brand management at Boston Acoustics; the
April departure
of longtime executive Stephen Baker
, who has just been appointed senior
sales VP for Olive Media's U.S., Canada and Latin America operations; and the
recent departure of Keith Kranepool, who was sales director for Denon and
Boston Acoustics.

Caudill joined D&M about a
year ago, having been an executive at Stanley Black & Decker. He came on
board at the time as CEO
and representative director of D&M Holdings.