Tweeter Home Entertainment Group Announces Changes to its Board of Directors.CANTON, Mass. -- Tweeter tweeter - woofer Home Entertainment Group, the nation's premier specialty consumer electronics retailer, today announced that Board of Director member Matthew Bronfman will resign from his position, effective April 26, 2006. Simultaneously, Tweeter has appointed John Esposito For the pianist named John Esposito, see . John Louis Esposito (born 19 May1940, Brooklyn, New York City) is a professor of International Affairs and Islamic Studies at Georgetown University. , Karen Kaplan and Joe McGuire to its Board. "We would like to thank Matthew for his exceptional service and commitment in his fifteen years on our Board of Directors," stated President and 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. Joe McGuire. "Matthew has provided the company invaluable expertise and direction, and we wish him continued success in all his future endeavors." John Esposito, 50, will replace Bronfman on the Board of Directors. Esposito is the President and CEO of WEA WEA Weather WEA World Evangelical Alliance WEA Washington Education Association WEA Wilderness Education Association WEA Workers' Education Association WEA WebSphere Everyplace Access (IBM) WEA Wisconsin Education Association Corp., Warner Music Group's U.S. physical and digital sales and retail marketing company. In addition Esposito oversees the company's worldwide digital distribution programs. In his role, Esposito also oversees WMG's Alternative Distribution Alliance and the mobile and online business for WMG's U.S. labels. Esposito has held several executive-level positions at a variety of companies including The Island Def Jam Here is a list of artists signed to The Island Def Jam Music Group. 0-9
Additionally, Karen Kaplan and Joe McGuire will fill two newly created positions on the Board. Karen Kaplan, 46, is president of Hill, Holliday, Connors, Cosmopulos Inc. Joining the Boston advertising agency in 1982 as receptionist, Karen advanced her career in account management in the consumer, health care, technology, retail and financial services markets. Her firm's list of clients include Anheuser Busch, CVS/pharmacy, Dell, Dunkin' Donuts, John Hancock, Liberty Mutual, TJX Companies, Tyco and Verizon Wireless. Ms. Kaplan is also a director of ADVO, the nation's largest full-service targeted direct mail marketing services company, and of DSM 1. DSM - Data Structure Manager. An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output. , which conducts business under the operating name Delta Dental Plan Delta Dental Plan, n.pr an active member organization of the Delta Dental Plans Association (a not-for-profit organization), formed and guided by state dental societies to provide prepaid dental care to the public on a group basis. of Massachusetts. Joe McGuire, 45, is the president and CEO of Tweeter Home Entertainment Group. Starting as chief financial officer in 1996, McGuire was appointed CEO in July 2005, taking on the responsibility of returning the company to profitability, as well as continuing the evolution of the company's business model, with a focus on in-home installation and in-home services. McGuire has been responsible for guiding Tweeter through its IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. and 11 subsequent acquisitions, helping Tweeter to achieve its nationwide presence in 23 states across the country. Esposito, Kaplan and McGuire join Chairman Sandy Bloomberg, Jeffrey Bloomberg, Michael Cronin, Steven Fischman, John Mahoney and Jeffrey Stone on the Board of Directors. About Tweeter Tweeter Home Entertainment Group, 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 : TWTR TWTR Time Write to Read ) was founded in 1972 by current Chairman Sandy Bloomberg. Based in Canton, Massachusetts, the company is a national specialty consumer electronics retailer providing home and mobile entertainment solutions. The company's fiscal 2005 revenues were $795 million. Tweeter has been named a "Consumer Electronics Retailer of the Year" by Audio-Video International every year since 1979. Tweeter Home Entertainment Group, Inc. now operates 153 stores under the Tweeter, HiFi Buys, Sound Advice and Showcase Home Entertainment names in the New England, Las Vegas, Texas, Southern California, Mid-Atlantic, Chicago, Southeast, Florida and Phoenix markets. The company employs more than 3,300 associates. Further information on the Tweeter Home Entertainment Group can be found on the company's web sites at www.twtr.com and www.tweeter.com. |
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