BNET Industries

Last Fiscal Year Sales:$2.0B
  • Private
  • US
Dow Jones Description

Retail Stores Selling Musical Instruments & Recording Equipment

President & Chief Executive Officer
Kenneth O'Brien
Number of Employees 9,540
Contact Information

5795 Lindero Canyon Rd

Westlake Village, California 91362

www.guitarcente...

(818) 735-8800

NAICS Code Motor Vehicle Supplies and New Parts Merchant Wholesalers: 423120

Recent Events

  • A Netflix for Guitars

    10/28/09 - New Investment - View Story

  • Lawsuit Claims Guitar Center, NAMM Fixed Prices

    9/28/09 - Lawsuit Filed - View Story

News & Analysis

guitar center inc. and yamaha corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Kenneth O'Brien President & Chief Executive Officer
Bruce Ross CFO, Executive Vice President & Secretary
Erick Mason Chief Financial Officer
John Zavada Chief Information Officer
Leland Smith Executive Vice President, Chief Administrative Officer, General Counsel & Secretary
Norman Hajjar Executive Vice President & Chief Marketing Officer
William Deeney Executive Vice President & Chief Logistics Officer
David Angress Executive Vice President of International Development & Proprietary Brands
Eugene Joly Executive Vice President of Stores
Jay Wanamaker Executive Vice President
Joel Miller Executive Vice President, Hr
John Bagan Executive Vice President of Merchandising
Lee Smith Executive Vice President of Corporate Development
Maxx Galster Executive Vice President of Stores
Steve Zapf Executive Vice President of Marketing, Musician'Sfriend, Inc
Allan Greenberg Senior Vice President of Operations
Dennis Haffeman Senior Vice President, Sales, West Region
Irene Messier Senior Vice President, Planning & Allocation
Michael Boshart Senior Vice President of Merchandising, Music&Arts Center
Ronald Beaudoin Senior Vice President of Sales, Music&Arts Center
Sue Etling Senior Vice President of Finance, Musician'Sfriend, Inc
Dave Settimi Reg Vice President, North
Glen Peiser Vice President & Reg Manager, West
Grant Sheffield Reg Vice President, South
Laura Taylor Vice President, Operations
Mark Nelson Vice President, Sales, Mdsg Group
Marc Foman Founder
Bryan Bradley Director, Recording Mdse
George R Mrkonic Lead Director
Dustin Hinz Manager, Event Marketing & Promo
Zachary Fosnaugh Sales Training Manager
Ken Knop
Jeffrey C Walker Director

Board of Directors

Name (plus bio) Position
Bob L. Martin Board of Directors
Chris Gorog Board of Directors
David Robson Board of Directors
George Jones Board of Directors
Larry Thomas Board of Directors
Pat Macmillan Board of Directors
Peter M. Starrett Board of Directors

Organization Position Status
Guitar Center, Inc. President & Chief Executive Officer Current

Organization Position Status
Guitar Center, Inc. CFO, Executive Vice President & Secretary Current
Guitar Center, Inc. Board of Directors Current

Organization Position Status
Guitar Center, Inc. Chief Financial Officer Current
Guitar Center, Inc. Executive Vice President Current

Organization Position Status
Guitar Center, Inc. Chief Information Officer Current
Guitar Center, Inc. Executive Vice President Current

Organization Position Status
Guitar Center, Inc. Executive Vice President, Chief Administrative Officer, General Counsel & Secretary Current

Organization Position Status
Guitar Center, Inc. Executive Vice President & Chief Marketing Officer Current

Organization Position Status
Guitar Center, Inc. Executive Vice President & Chief Logistics Officer Current

Organization Position Status
Guitar Center, Inc. Executive Vice President of International Development & Proprietary Brands Current

Organization Position Status
Guitar Center, Inc. Executive Vice President of Stores Current
Guitar Center, Inc. Senior Vice President of Merchandising, Musician'Sfriend, Inc Current

Organization Position Status
Guitar Center, Inc. Executive Vice President Current
Guitar Center, Inc. General Merchandise Manager Current

Organization Position Status
Guitar Center, Inc. Executive Vice President, Hr Current

Organization Position Status
Guitar Center, Inc. Executive Vice President of Merchandising Current

Organization Position Status
Guitar Center, Inc. Executive Vice President of Corporate Development Current
Guitar Center, Inc. Secretary Current
Guitar Center, Inc. General Counsel Former

Organization Position Status
Guitar Center, Inc. Executive Vice President of Stores Current

Organization Position Status
Guitar Center, Inc. Executive Vice President of Marketing, Musician'Sfriend, Inc Current

Organization Position Status
Guitar Center, Inc. Senior Vice President of Operations Current

Organization Position Status
Guitar Center, Inc. Senior Vice President, Sales, West Region Current

Organization Position Status
Guitar Center, Inc. Senior Vice President, Planning & Allocation Current

Organization Position Status
Guitar Center, Inc. Senior Vice President of Merchandising, Music&Arts Center Current

Organization Position Status
Guitar Center, Inc. Senior Vice President of Sales, Music&Arts Center Current

Organization Position Status
Guitar Center, Inc. Senior Vice President of Finance, Musician'Sfriend, Inc Current

Organization Position Status
Guitar Center, Inc. Reg Vice President, North Current

Organization Position Status
Guitar Center, Inc. Vice President & Reg Manager, West Current

Organization Position Status
Guitar Center, Inc. Reg Vice President, South Current

Organization Position Status
Guitar Center, Inc. Vice President, Operations Current

Organization Position Status
Guitar Center, Inc. Vice President, Sales, Mdsg Group Current

Marc Foman is the owner and founder of Marc's Guitar Center. He and his wife Linda Volz have been operating the business since 1978. He holds a bachelor's degree in honors English from the University of Massachusetts. Marc has an extensive musical background both performing in bands and teaching guitar dating back to 1963. He has played in bands that reflect the evolving history of rock guitar from doo-wop to metal. You can often find him on the sales floor of his store talking about his two favorite subjects: Beatles music & music theory as it applies to the guitar fretboard.

Organization Position Status
Guitar Center, Inc. Founder Current
Marc's Guitar Center Owner Current
Guitar Center, Inc. Owner Current

Organization Position Status
Guitar Center, Inc. Director, Recording Mdse Current

Until 2002, George R. Mrkonic was Vice Chairman of Borders Group, Inc., (BGI) the second largest book retailer in the U.S. He joined BGI in 1994 as President and Vice Chairman. Mr. Mrkonic began his retail career in 1978 and has led several retail companies including Herman's Sporting Goods, Eyelab and Kmart's Specialty Retailing Group. He acquired Borders for Kmart in 1992, merged it with Waldenbooks and subsequently took the combined entity public in 1995. Mr. Mrkonic led Borders international growth, which now includes strong positions in the United Kingdom, Australia, Singapore and New Zealand. Mr. Mrkonic is Chairman of Paperchase (a UK gifts and stationery retailer), Lead Director of Guitar Center, Inc. and a director of a variety of other retail and consumer-oriented companies. Mr. Mrkonic graduated from Stanford University in 1974 with an MA and BA in Economics, and received an MBA from Harvard Graduate School of Business Administration in 1978.

Organization Position Status
Guitar Center, Inc. Lead Director Current
Gordon Brothers Group, LLC Current
Gordon Brothers Limited, LLC Member, Board of Advisors Current
AutoZone, Inc. Director Current
Nashua Corporation Director Current
Procarcare Director Current
Guitar Center, Inc. Director Current
California Inc Director Current
Investornews.Com Director Current
Borders Group, Inc. President Former
Borders Group, Inc. Vice Chairman and Director Former
Borders Group, Inc. Retailer Former
W.R. Grace & Company Former
Kmart Former
Eyelab Former
Kmart Corporation Former
Borders Group, Inc. Chairman Former
Syntel, Inc. Board of Directors Former
Stanford University Ma and Ba In Economics, and Former
Harvard University Mba Former
Harvard Business School MBA Former
Harvard University B.A. Former
Stanford University B.A. Former

Organization Position Status
Guitar Center, Inc. Manager, Event Marketing & Promo Current

Zachary Fosnaugh is Music Director at City Church Chicago. He works at Guitar Center as the sales training manager, and is a music instructor at Intonation Music Workshop. He graduated from Illinois State University in 2006 with a B.S. in Music Business. Zachary started expressing his love for music at the age of three when he began playing drums. Since then, he has performed with rock bands, jazz big bands, jazz combos, orchestras, wind ensembles, percussion ensembles, show choirs, and jazz choir. His love for music has opened up traveling opportunities in the Caribbean Islands, Africa, and Europe as a drummer. Zachary is excited to share his love for God, people, and music with the city of Chicago, IL.

Organization Position Status
City Church Chicago Music Director Current
Guitar Center, Inc. Sales Training Manager Current
The Intonation Music Workshop Instructor Current
Illinois State University B.S. In Music Business Former

Ken Knop is a Senior Consultant with Columbus Consulting. Prior to joining Columbus Consulting, Ken held various positions over a 20 year career with retail, software and consulting firms, including Mervyn's, Millers Outpost, Contempo Casuals, Comshare (Arthur), Ready To Plan, and Planalytics. Ken's retail business experience spans all aspects of merchandising including buying, planning and allocation/distribution positions. Building upon his retail experience and expertise, Ken has been working as a consultant with retailers and wholesalers to enhance their planning and allocation processes and systems since 1994. Ken has designed and implemented Merchandise Planning, Store Planning, Space Planning, Assortment Planning & Allocation business functions for both retailers and wholesalers utilizing a variety of packaged applications. Among the packaged applications that he has implemented are Arthur, i2, and Alphameric/Compass.

Organization Position Status
Columbus Consulting, Inc. Principal Current
Guitar Center, Inc. Current
Mervyn's, LLC Former
Contempo Casuals Former
Planalytics Inc. Former
Comshare, Inc. Former

Organization Position Status
Alien Technology Corporation Director Current
Edgewater Technology, Inc. Board of Directors Current
Guitar Center, Inc. Board of Directors Current
Conn's, Inc. Board of Directors Current
Sabre Holdings Corporation Board of Directors Current
Furniture Brands International Inc. Board of Directors Current
Wal-Mart Stores, Inc. Chief Executive Officer Former
Southwest Baptist University Doctorate Former

Organization Position Status
Roxio, Inc. Chairman Former
Roxio, Inc. CEO Former
The Walt Disney Company Vice President of Business Affairs for Motion Pictures and Television Former
Napster, Inc. Chairman & CEO Current
Guitar Center, Inc. Director Former

Organization Position Status
Mervyn's California Department Stores Interim Chief Financial Officer Current
Mervyn's California Department Stores Senior Vice President, Controller Current
Mervyn's California Department Stores Vice President Current
Guitar Center, Inc. Board of Directors Current
Guitar Center, Inc. Principal Accounting Officer & Senior Vice President Former
Guitar Center, Inc. Principal Accounting Officer Former

Organization Position Status
Guitar Center, Inc. Board of Directors Current

Organization Position Status
The Popcorn Factory Director Current
1-800-Flowers.com, Inc. Board of Directors Current
Ccmp Capital Advisors, LLC Chairman Current
AXIS Capital Holdings Limited Director Current
Doane Pet Care Company Board of Directors Current
Guitar Center, Inc. Director Current
Plow & Hearth Director Current
House of Blues Board Director Current
JPMorgan Chase & Co. Head, Private Equity Former
1-800-Flowers.com, Inc. Compensation Committee Chairman Former
The Popcorn Factory Director Former

Organization Position Status
Guitar Center, Inc. Board of Directors Current

Organization Position Status
Guitar Center, Inc. Board of Directors Current

Organization Position Status
Freeman Spogli & Co. Affililated Operating Executive Current
Ross-Simons Inc. Board Directior Current
Sur La Table Inc. Board Directior Current
Pacific Sunwear of California, Inc. Director Current
Guitar Center, Inc. Board of Directors Current
Hhgregg, Inc. Director Current
The Children's Place Retail Stores, Inc. CEO Former
Warner Bros Inc. President Former
Warner Bros Inc. Founder Former
May Department Store Co Executive Positions Former
The Children's Place Retail Stores, Inc. Chairman Former
Galyan's Trading Company, Inc. Director Former
The Pantry, Inc. Director Former
AFC Enterprises, Inc. Director Former
Advance Auto Parts, Inc. Director Former
Harvard University Master's Degree In Business Administration Former
University of Denver bachelor's degree in business administration Former

Executive News

  • Former IT leader Walmart loses its path in Web 2.0 world

    ITBusiness.ca - 8/31/09 - View Story

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