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Harvey Appoints New Interim CEO

6/07/2007 02:06:00 PM Eastern

Lyndhurst, N.J. — Harvey Electronics’ board of directors has appointed Michael E. Recca to replace Martin McClanan as the company’s interim CEO. McClanan completed his interim CEO contract effective June 5 and will now act as an advisor to the company.

According to a release, Recca, who acted as the company’s chairman for nearly 10 years and who has also been a member of the board, has accepted the new position in anticipation of the completion of the acquisition of MyerEmco.

Andy Stackpole, Harvey’s chairman, said the company is “pleased to have someone with Mike Recca’s knowledge and history with the company to guide us through the integration of Harvey and MyerEmco. Mike has played an instrumental role in the MyerEmco transaction and has the experience to work with both Gary Yacoubian, our future president and COO and the entire management team, to ensure that the synergies we anticipate from combining the two businesses will be realized as smoothly and expeditiously as possible following the completion of the MyerEmco transaction.”

Harvey was ranked No. 96 in TWICE’s Top 100 CE Retailer’s Report.

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