DEI Holdings, parent to CE brands including Polk Audio, Definitive Technology, Viper and Autostart, announced Kevin Duffy has been promoted to CEO and president of Sound United and CEO of DEI Holdings, effective immediately.
Duffy, who most recently served as president of Sound United, has been with the company for just over a decade in a variety of executive leadership positions. Former DEI CEO Jim Minarik retired earlier this year but still serves as DEI’s non-executive Chairman.
“Kevin’s deep knowledge of our brands, focused leadership, and unmatched passion for the company’s products, customers and employees, were all major factors in the board’s decision to appoint him as leader,” said Minarik in a statement. “We couldn’t be more confident in our decision to select Kevin to drive the next stage of growth for the company.”
Beginning his career with DEI in 2003, Duffy has held various roles in corporate development, finance, marketing, sales, investor relations, and international operations as well as several executive positions including president of Directed Electronics, president of Sound United, CFO of DEI, and president of DEI.
Duffy holds an undergraduate degree from Princeton University and a MBA from the Stanford Graduate School of Business.
“Joining DEI 13 years ago was unequivocally one of the best decisions I have ever made. I have had the privilege to work on some of the most compelling products in consumer electronics with incredibly passionate and competent employees, customers, and partners,” said Duffy. “I’m looking forward to continuing to propel each of Sound United’s brands forward in the audio category, while also providing support to the Directed leadership team.”