Boston Acoustics Announces Resignation of President.Business Editors PEABODY Peabody (pē`bədē, –bädē), city (1990 pop. 47,039), Essex co., NE Mass., a suburb of Boston, on the Danvers River; settled c.1633, inc. as South Danvers 1855, name changed 1868. , Mass.--(BUSINESS WIRE)--April 1, 2003 Boston Acoustics Founded in 1979, Boston Acoustics is a high end manufacturer of home and mobile audio equipment operated out of Peabody, Massachusetts. Boston produces speakers for the home and cars. , Inc. (NASDAQ-BOSA) today announced that Allan J. Evelyn, the Company's President and Director, has resigned effective April 18, 2003 for personal reasons and to pursue other interests after his departure. Pending appointment of a replacement for Mr.Evelyn, his responsibilities will be handled by Company CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Moses Gabbay and other members of Boston Acoustics' senior management team. About Boston Acoustics Boston Acoustics, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BOSA) is a premier manufacturer of high-performance audio solutions for home entertainment, automobiles, and personal computers. Founded in 1979, Boston Acoustics is located in Peabody, Mass. For more information on Boston Acoustics, visit the company's Web site at www.bostonacoustics.com. |
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