BNET Industries

Market Cap:$52.9M
Last Fiscal Year Sales:$223.2M
- Public
- US
Dow Jones Description
Consumer Electronics Importer, Designer, Marketer & Distributor
Chief Executive Officer (Principal Executive Officer) and Director
Adrian MaNumber of Employees 170
Peer Companies
NAICS Code Audio and Video Equipment Manufacturing: 334310
Recent Events
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Emerson Radio MSN Posts Q2 EPS of $0.12, Tops by 5c
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Fun's Emerson-Brand Lineup To Debut At International CES
News & Analysis
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emerson radio corp. - All News and Analysis
Google and Apple Defy Declining Customer-Satisfaction Trends
Marketing Charts submits: American customer satisfaction declined in the second quarter of 2008 and continues on a bumpy path with no momentum, according to pdf file the American Customer Satisfaction Index [ACSI] from the University of Michigan’s National Quality Research Center. After a small uptick last...
Emerson Files Registration Statement; Chairman to Sell Shares Reducing Ownership to Approximately 21%
Business Editors PARSIPPANY, N.J.--BUSINESS WIRE--March 17, 2003 Emerson Radio Corp. (AMEX:MSN) announced today the filing of a registration statement with the Securities and Exchange Commission relating to a public offering and sale of shares by Geoffrey P. Jurick, Emerson's Chairman and Chief Executive Officer. The Registration Statement...
Investment Banker Retained by Emerson Affiliate; Sport Supply Group Exploring Alternatives to Increase Shareholder Value
PARSIPPANY, N.J.--BUSINESS WIRE--December 7, 1999-- Emerson Radio Corp. (AMEX:MSN) ("Emerson") announced that its 40% owned affiliate Sport Supply Group, Inc. (NYSE:GYM) has retained PaineWebber as its investment banker for the purpose of exploring strategic alternatives to increase shareholder value. Geoffrey P. Jurick, Chairman and Chief Executive Officer of...
Correcting Corporate Profile for Emerson Radio Corp
--BUSINESS WIRE-- In BW1043, (PROFILE/NJ-EMERSON-RADIO-CORP)MSN Corporate Profile for Emerson Radio Corp., Operating Income should read $3,000,000 (sted $3,000,000,000).
Emerson Radio Corp. Responds To Latest Action By International Jensen Incorporated
PARSIPPANY, N.J.--BUSINESS WIRE--July 22, 1996--Emerson Radio Corp. (AMEX: MSN) announced today that it had received correspondence from representatives of International Jensen Incorporated ("Jensen") and the William Blair Leveraged Capital Fund, L.P. ("Blair Fund") rejecting Emerson's latest proposal to purchase Jensen.Blair advised Emerson that as a result of the Amended...
Emerson Radio responds
PARSIPPANY, N.J.--BUSINESS WIRE--Feb. 15, 1996--Emerson Radio Corp. (AMEX: MSN) announced today that it had reviewed the partial injunction handed down by the United States District Court in Indiana concerning disclosure of certain information concerning Orion Sales, Inc. and its affiliates in its Form 10Q for the quarter ended December 31,...
First Cambridge Securities issues an aggressive buy recommendation on Emerson Radio Corp
PARSIPPANY, N.J.--BUSINESS WIRE--Jan. 5, 1996--First Cambridge Securities Corp. today issued a research report with an aggressive buy recommendation on Emerson Radio Corp. (AMEX:MSN).The report was issued by Seth P. Margoshes, Senior Research Analyst at First Cambridge Securities Corp. and is available for comment at 212/935-5000.Emerson Radio Corp., founded in 1948,...
Emerson Radio Corp. makes announcement
PARSIPPANY, N.J.--BUSINESS WIRE--Dec. 21, 1995--Emerson Radio Corp. (AMEX:MSN) said today that it had not received a copy of the complaint filed by Orion Electric America Inc. and Orion Sales Inc. against the company.The company said it was not prepared to comment on the lawsuit until it had sufficient time to...
EMERSON RADIO CORP. ANNOUNCES SUBSTANTIAL INCREASE IN EXISTING CREDIT FACILITY; - Hang Seng Bank Letter of Credit Line Increased from $50 Million to $100 Million -
PARSIPPANY, N.J.--BUSINESS WIRE--Dec. 12, 1994--EMERSON RADIO CORP. (OTC Electronic Bulletin Board Symbol:EMER) today announced that EMERSON RADIO (H.K.) LTD, its Hong Kong subsidiary, has completed agreements increasing one of the subsidiary's credit facilities. Hang Seng Bank of Hong Kong has expanded an existing letter of credit...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Adrian Ma | Chief Executive Officer (Principal Executive Officer) and Director |
| John Spielberger | President, Operations, North America |
| Michael A.B. Binney | President, International Sales |
| Guy Paglinco | CFO & Vice President |
| John D. Florian | Deputy Cfo, Controller & Secretary |
| John J. Raab | Senior Executive Vice President and Chief Operating Officer |
| Richard Rude | COO & Executive Vice President |
| Lloyd I Miller III | Manager |
| Robert Maffei | Manager, IR |
| Christina Iatrou | Assistant Secretary & Assistant General Counsel |
| Andrew L. Davis | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Kareem E. Sethi | Chairman |
| Michael Driscoll | Chairman |
| Christopher Ho | Board of Directors |
| Duncan Hon | Board of Directors |
| Eduard Will | Vice Chairman |
| Geoffrey Jurick | Board of Directors |
| Herbert A. Morey | Board of Directors |
| Jerome H. Farnum | Board of Directors |
| Mirzan Mahathir | Board of Directors |
| Robert H. Brown | Board of Directors |
| Terence A Snellings | Board of Directors |
Adrian Ma, a director of the Company since March 30, 2006, has been our Chief Executive Officer since March 30, 2006 and also served as our Chairman from March 30, 2006 through July 26, 2006. In addition, Mr. Ma is a director of Grande Holdings. He has more than 30 years experience as an Executive Chairman, Executive Director and Managing Director of various organizations focused primarily in the consumer electronics industry. Mr. Ma also is Director of Lafe Technology Ltd., Vice Chairman and Managing Director of Ross Group Inc. and Deputy Chairman of Sansui Electric Co. Ltd.
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Chief Executive Officer (Principal Executive Officer) and Director | Current |
| Ross Group, Inc. | Managing Director | Current |
| The Grande Holdings Ltd. | Director | Current |
| Ross Group, Inc. | Vice Chairman | Current |
| The Grande Holdings Ltd. | CEO | Former |
| The Grande Holdings Ltd. | Group Managing Director | Former |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | President, Operations, North America | Current |
| Emerson Radio Corp. | President, Operations, North America & Executive Vice President | Former |
| University of Michigan | Masters of Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | President, International Sales | Current |
| The Grande Holdings Ltd. | Director | Current |
| La Fe | Director | Current |
| Certified Public Accountants | Board of Directors | Current |
| Emerson Radio Corp. | President, Intl Operations & Executive Vice President | Former |
| The Grande Holdings Ltd. | Managing Director & Secretary | Former |
| Emerson Radio Corp. | Acting Group Controller | Former |
| The Grande Holdings Ltd. | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | CFO & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Deputy Cfo, Controller & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Senior Executive Vice President and Chief Operating Officer | Current |
| Emerson Radio Corp. | Senior Executive | Former |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | COO & Executive Vice President | Current |
| Emerson Radio Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Manager, IR | Current |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Assistant Secretary & Assistant General Counsel | Current |
Kareem E. Sethi has served as Managing Director of Streetwise Capital Partners, Inc. since 2003. From 1999 until 2003, Mr. Sethi served as Manager, Business Recovery Services of PricewaterhouseCoopers Inc.
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Chairman | Current |
| Emerson Radio Corp. | Board of Directors | Current |
On July 14, 2008, W. Michael Driscoll resigned as a director of Emerson Radio Corp. (the “Company”). Mr. Driscoll had served as the Chairman of the Audit Committee (the “Audit Committee”) of the Board of Directors of the Company (the “Board”) and as the “audit committee financial expert,” as such term is defined by the Securities and Exchange Commission (“SEC”). Mr. Driscoll’s reasons for his resignation as a director of the Company are outlined in a letter (the “Driscoll Letter”) submitted by him to the Board. A copy of the Driscoll Letter is being filed as Exhibit 17.1 to this Current Report on Form 8-K. A copy of this Current Report on Form 8-K has been submitted to Mr. Driscoll in accordance with the applicable rules under the Securities Exchange Act of 1934, as amended.
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Chairman | Current |
| Emerson Radio Corp. | Board of Directors | Current |
| Thinsoft, Inc. | Chairman of the Board | Former |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| La Fe | Chairman | Current |
| Institute of Management Accountants | Board of Directors | Current |
| Emerson Radio Corp. | Board of Directors | Current |
| Emerson Radio Corp. | Chief Executive Officer | Former |
| Emerson Radio Corp. | Chairman and Director | Former |
| The Grande Holdings Ltd. | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Board of Directors | Current |
Eduard Will has served as our Vice Chairman since October 2007 and a Director since July 2006. From July 2006 until October 2007, Mr. Will served as our President- North American Operations. Prior to becoming President- North American Operations, Mr. Will served as the Chairman of our Audit Committee from January 2006 through July 2006. Mr. Will has more than 37 years experience as a merchant banker, senior advisor and director of various public and private companies. Presently, Mr. Will is serving on the Board of Directors or acting as Senior Adviser to: Grande Holdings, KoolConnect Technologies Inc. and Integrated Data Corporation.
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Vice Chairman | Current |
| Emerson Radio Corp. | President, North American Operations | Former |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Board of Directors | Current |
| Emerson Radio Corp. | Chairman, President & CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Board of Directors | Current |
Mirzan Mahathir currently manages his investments in Malaysia and overseas while facilitating business collaboration in the region. Previously, Mr. Mahathir worked for IBM Corporation and Salomon Brothers. Since 1992, Mr. Mahathir has served as the Executive Chairman and President of Konsortium Logistik Berhad, a Malaysian logistic solutions provider listed on the Kuala Lumpar Stock Exchange. He is also the Chairman and CEO of Crescent Capital Sdn Bhd, a Malaysian investment holding and independent strategic and financial advisory firm which he founded. He is also the President of the Asian Strategy and Leadership Institute (ASLI), a leading organizer of business conferences, secretariat for business councils and public policy research centre. Currently, Mr. Mahathir holds directorships in Worldwide Holdings Berhad and AHB Holdings Berhad, companies listed on the Bursa Malaysia, and Lafe Technology Ltd., a company listed on the Singapore Exchange. He is also a member of the UN/ESCAP Business Advisory Council, the American Bureau of Shipping Southeast Asia Committee and the Wharton Business School Asian Executive Board.
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Board of Directors | Current |
| Konsortium Logistik Berhad | President | Former |
| Konsortium Logistik Berhad | Executive Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Emerson Radio Corp. | Board of Directors | Current |
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