By Lisa Johnston
New products on display at the American International Toy Fair, held in N
San Francisco — Jawbone, the headphone and wireless speaker company, has appointed Mindy Mount as president, a new position.
Mount was most recently corporate VP and chief financial officer of Microsoft’s online services division.
A spokesman for Jawbone told TWICE that the appointment was related to the company’s “rapid growth.” In February, Jawbone acquired Visere, a digital design firm, and Massive Health, makers of the Eatery app. It then acquired BodyMedia, a manufacturer of wearable body monitors, in April.
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.
Portland, Ore. — AudioSource has named industry veteran Lawrence R. Davis III sales and marketing VP, while finance and business development specialist John A. Scadden has been named chief financial officer.
AudioSource president and CEO Tom O’Mara, commenting on the appointments, said in a statement, “As we prepare for a string of product releases and overall retail expansion, AudioSource is ready with two of the top professionals in their respective fields. We’re lucky to have them on board.”
St. George, Utah — Wilson Electronics, a maker of cellphone signal boosters, has named Robert Van Buskirk as president/CEO and to its board.
Jim Wilson, the company’s founder, has stepped down as CEO but remains a member of the board. A spokesman for the company told TWICE that Wilson “will still be very involved in the growth of the company through his seat on the board and work with the engineering team, but he was ready to step down from the day-to-day decision making required of a CEO.”
St. Petersburg, Fla.- HSNi, the interactive multichannel retailer has named Judy Schmeling chief operating officer, effective immediately, and continues as chief financial officer.
Schmeling has served as HSNi's executive VP and chief financial officer since 2001.
In her new role, she will be responsible for supply chain operations and customer care functions in addition to providing ongoing leadership for finance and information technology. These four areas are now company-wide operations spanning HSN and the Cornerstone portfolio of home and lifestyle brands.
Chino Hills, Calif. — Gary Richard Bennett, a 40-year veteran of the consumer electronics industry, passed away on Thursday, May 9, after a 13-month battle with non-Hodgkin’s lymphoma.
He was 64.
Bennett was born in Vestal, N.Y., on Aug. 25, 1948, and received a degree in business administration and marketing from Broom State College in Binghamton, N.Y.
Bennett worked for such consumer electronics companies as Hitachi, Spectron IQ 3D, Apex Digital and Mitsubishi.
Jupiter, Fla. — Home and car electronics distributor Audio America has named Jonathan Elster CEO, replacing Ryan Munder who will remain as chairman.
Elster comes from SED international, where he spent 18 years in a variety of roles, most recently as president and CEO.
“We could not have selected a better person for this position,” said Munder. “Jonathan brings tremendous leadership, experience, and vision to the organization. His energy and enthusiasm is apparent and I know he will lead us to incredible heights and even greater success.”
Hoffman Estates, Ill. — Sears Holdings has appointed Jeff Balagna executive VP and chief information officer.
Balagna joins Sears from Eli Lilly, where he held the same post. In his new role, he will be responsible for all technology and infrastructure initiatives within the company’s support centers and stores.
“Jeff is a proven executive with an analytical approach and experience in transforming complex organizations in rapidly evolving industries,” said Sears chairman/CEO Edward Lampert.
Green Bay, Wisc. — Marla Maney has been hired to the newly created position of marketing manager for outdoor and custom flat-panel TV resource Séura.
Maney will handle the marketing strategy for Séura while working closely with internal teams to the proper brand message is being conveyed to the outside world.
Santa Clara, Calif. — Intel’s board of directors today named company veteran Brian Kryzanich as its next CEO.
Kryzanich, 52, will replace Paul Otellini when he officially steps down from the position on May 16 during the company’s stockholder meeting. Otellini announced last November his intention to leave. He will have spent 38 years with Intel.
Kryzanich joined Intel in 1982.
Tokyo — Dozens of Sony executives, including CEO Kazuo Hirai, are foregoing bonuses this year to atone for the electronics units slumping sales and profit performance, according to reports from Japan Wednesday.
Hirai and approximately 40 top managers will forgo bonuses estimated to amount to several million dollars. Nikkei and AFP reports quoted a Sony spokesman in Japan attributing the action to "to severe business circumstances, including stagnant performance in the electronics sector.”