Friday April 26, 8:04 am Eastern Time
Press Release
SOURCE: SONICblue Incorporated
SONICblue Announces Changes to Management
Team
Team to Position Company for Accelerated Growth
SANTA CLARA, Calif.--(BUSINESS WIRE)--April 26, 2002--Following its
announcement of strong first quarter results and increased 2002 revenue guidance,
SONICblue(TM) Incorporated (Nasdaq:SBLU - news) today announced management
changes designed to help the Company accelerate its 2002 growth plan. These
organizational steps finalize the Company's restructuring efforts, which began last year with
the creation of its new business lines and functional organization.
The Company will intensify its focus on marketing, taking advantage of strong demand
opportunities being demonstrated across its multiple product lines. The Company has
hired Greg Ballard as executive vice president of marketing and product management,
reporting to Ken Potashner, CEO and chairman, SONICblue. Ballard served as chief
executive officer at 3dfx, where he grew revenue from $4 million to a run-rate of over
$400 million over a three-year period, and subsequently served as chief executive officer
at MyFamily.com, a successful subscription based Internet service. He previously served
as chief executive officer and chief operating officer for Warner Custom Music, a Division
of Time Warner, Inc.
Nikhil Balram will be joining SONICblue as vice president of product marketing for
ReplayTV and connected home products, reporting to Ballard. Balram served as
executive vice president and general manager of consumer products at Sage
Incorporated, where he established a rapidly growing, high-margin business. Previously,
Balram served as vice president of advanced technology at Faroudja Laboratories, Inc.
Marcus Smith, as previously announced, will serve and interim chief financial officer. Smith
previously served as vice president of finance for SONICblue. He has also served in
financial management leadership roles at ReplayTV, Storm Technology, Inc. and Price
Waterhouse LLP.
John Todd will move into a consulting capacity with the Company. Todd had previously
served as chief operating officer for SONICblue.
Anthony Wood, founder of ReplayTV, who also provided leadership for ReplayTV since its acquisition by SONICblue, will
provide strategic consulting to SONICblue, but has decided to also pursue dedicated personal projects.
"I am pleased with the progress the Company has made over the past year and would specifically like to acknowledge the
contributions made by John Todd," said Potashner. "These management changes will position us to achieve a more aggressive
growth strategy."
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Ansonsten finde ich von den Charts BRCD am interessantesten.
Hier die etwas augenfreundlichere Version:
Gruß Doc Broemme