WOODINVILLE, WA – October 13, 2010 – 20-year audio industry veteran Mark Graham, formerly President of Crown International, today joined LOUD Technologies Inc. (“LOUD”) as CEO. Graham succeeds Rodney Olson, who, over his 2-year tenure as CEO, successfully steered LOUD through supply chain disruptions and the worldwide economic downturn.
“I’m immensely proud of LOUD management’s achievements over the past two years,” commented Olson. “We simplified the Company’s organizational structure and brand portfolio; restored stability and added capacity to our supply chain; and solidified the Ampeg, EAW, Mackie, and Martin Audio brands’ leadership positions through significant new product launches. Thanks to those efforts, LOUD is now well positioned for growth as the world economy recovers.”
“As both a former competitor, as well as audio industry veteran, I’ve closely followed LOUD’s moves over the years and have great admiration for the Company’s brands and their lauded market positions,” commented Graham. “I look forward to joining the LOUD management team and working with them to build on the solid momentum they have begun. It is truly exciting to be joining the LOUD team which has such great potential to deliver compelling and innovative new products and solutions to our customers.”
Graham will relocate to the Company’s Woodinville, WA USA headquarters and will work with Olson and LOUD’s management team on transition plans over the ensuing weeks.
About LOUD Technologies Inc.
LOUD Technologies Inc. (“LOUD”) is one of the world’s largest professional audio and musical instrument product companies. Through its industry-leading brands Alvarez, Ampeg, Crate, EAW, Mackie, and Martin Audio, LOUD produces and distributes a wide range of loudspeakers, analog and digital mixers, commercial audio systems, guitars and guitar and bass amplifiers. LOUD’s brands may be found in professional and project recording studios, video and broadcast suites, post-production facilities, sound reinforcement applications including churches, nightclubs and retail locations, and on major musical tours.