Coastal Source recently announced the appointment of 30-year industry veteran Jeff Poggi as President of the high-performance outdoor audio and lighting solutions company. Poggi previously worked with Harman and Bose, and most recently served as Co-CEO of the McIntosh Group.
“We are very excited to welcome Jeff to our internal and external team of best-in-industry staff, reps, and dealers,” said Coastal Source co-founder Franco D’Ascanio. “He brings a wealth of expertise in brand building, new product development, customer service, and collaborative engagement with dealers, integrators, and channel partners — all of which will help us to achieve our long-term growth objectives.”
“I am honored to join the Coastal Source family,” said Poggi. “Having worked with some amazing brands in the past, I believe Coastal Source is a perfect fit. It is the market leader in high-performance outdoor audio and lighting, and I am privileged to be part of such a successful business.”
Today, the global outdoor lighting market is valued at just under $15.5 billion (2022), with an anticipated compound annual growth rate (CAGR) of 8% from 2023 to 2030. The much larger global audio equipment market grew to just over $33 billion (2022), with a predicted CAGR of 2.8% from 2023 to 2030.
The appointment of Poggi marks the start of an accelerated growth strategy for Coastal Source, and he will oversee local activities including sales, marketing, operations, and customer service. With the appointment of Poggi as President, Coastal Source Co-Founder Franco D’Ascanio assumes the position of CEO, where he will continue to lead R&D efforts. Harold Zimmermann takes on the role of Chairman of the Board.
About Coastal Source
Coastal Source outdoor audio and lighting products are built with integrity, using innovative design to solve real-world problems and endure intense environmental testing to yield the industry’s most reliable high-performance outdoor audio and lighting system available today. With more than 60 years of hands-on industry experience, Coastal Source pioneers solutions that help families share fun, memorable moments in their own great outdoors.
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