BNET Industries

Market Cap:$583.0K
Last Fiscal Year Sales:$208.2M
  • Public
  • US
Dow Jones Description

LOUD Technologies Inc. LOUD Technologies Inc. is one of the worlda s largest dedicated pro audio and music products companies. As the corporate parent for world-recognized brands including Alvarez, Ampeg, Crate, EAW, Knilling, Mackie, SIA and TAPCO, LOUD Technologies Inc. produces a wide range of digital recording products, loudspeakers, commercial audio systems, audio and music software, guitars, guitar and bass amplifiers, and orchestral string instruments. Additionally, LOUD Technologies is one of the largest distributors of branded pro audio and music accessories. Wherever there is music making, live performance, audio recording or playback, LOUD Technologies is there.

Chairman and Chief Executive Officer
Rodney E Olson
Number of Employees 533
Contact Information

16220 Wood-Red Rd NE

Woodinville, Washington 98072

www.loudtechinc...

(425) 892-6500

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

Decision Makers

Name (plus bio) Position
David Olson CFO & Senior Vice President
Gerald Y Ng Chief Financial Officer, Senior Vice President, Treasurer and Secretary
James Stewart COO
Frank J. Loyko Senior Vice President, Sales
Gary Reilly Senior Vice President Engineering
Kevin J. Calhoun Senior Vice President of Sun Capital Partners, Inc.
Clarence E. Terry Director and Vice President
Jason H. Neimark Vice President
Lynn Skillen Vice President
Marc J. Leder Vice President
Mark E. Kuchenrither Director and Vice President and Assistant Secretary
R. Lynn Skillen Vice President
Rodger Krouse Vice President
T. Scott King Vice President
Jon Gacek Director of the Company
Case Kuehn
Michael S Perry Support and Service Representative
C. Daryl Hollis Director
George R. Rea Director
Thomas Scott King Director

Board of Directors

Name (plus bio) Position
Rodney E Olson Chairman and Chief Executive Officer
Thomas V Taylor Chair
C. Deryl Couch Board of Directors

Organization Position Status
Tops President and Chief Executive Officer Current
LOUD Technologies Inc. Chairman and Chief Executive Officer Current
Sabreliner Corporation CFO Former
Sabreliner Corporation Senior Vice President Finance, Corporate Development Former
University of Kansas Bachelor of Science Former

Mr. Olson, 54, most recently served as Chief Financial Officer of Global Vehicle Technologies/GT Development Corporation, a Seattle-based manufacturer of custom-engineered components for the heavy-duty truck market, since 2003. Prior to Global Vehicle Technologies/GT Development Corporation, Mr. Olson was the Chief Financial Officer for Web3000.com and Orca Technologies, Inc. Mr. Olson is a licensed Certified Public Accountant in Washington and California and holds a Bachelor of Business Administration from Pacific Lutheran University.

Organization Position Status
LOUD Technologies Inc. CFO & Senior Vice President Current

Gerald Y. Ng was appointed Chief Financial Officer of the Company effective July 23, 2007. Mr. Ng served as Vice President of Finance and Business Development for Medtronic Physio-Control since 2001 with responsibility for Finance and Information Technology operations and Business Development and Planning activities. Prior to joining Medtronic, he was a Senior Manager with Ernst & Young s Management Consulting practice for seven years focusing on operational improvement and system implementation initiatives for clients in the Life Science and High Technology industries.

Organization Position Status
LOUD Technologies Inc. Chief Financial Officer, Senior Vice President, Treasurer and Secretary Current

Mr. Stewart, 51, served as the Executive Director of Sharper Counsel LLC, a management consulting firm specializing in technology product development and commercialization since April 2008. Prior to Sharper Counsel LLC, Mr. Stewart had a 28-year career with Hewlett-Packard, most recently as Vice President and General Manager at Hewlett-Packard from 2001 until 2007. Mr. Stewart also held positions in new business start-up general management, served as an R&D Director, Manufacturing Director, PCA plant manager, and held various positions in engineering management. Mr. Stewart holds a B.S. in Electrical Engineering from Texas A&M University.

Organization Position Status
LOUD Technologies Inc. COO Current

Organization Position Status
LOUD Technologies Inc. Senior Vice President, Sales Current

Organization Position Status
Kirkland Performance Center Senior Vice President of Engineering Loud Technologies Current
LOUD Technologies Inc. Senior Vice President Engineering Current
Loud.Com Former
Oregon, Inc. BS Former
Oregon Institute of Technology BS Former

Organization Position Status
LOUD Technologies Inc. Senior Vice President of Sun Capital Partners, Inc. Current
Sun Capital Partners, Inc. Managing Director and Cfo Current
LOUD Technologies Inc. Board of Directors Current
Horsehead Industries, Inc. Director Current
San Holdings, Inc. Director Current
Sanz, Inc. Director Current
Sun Capital Inc. Chief Financial Officer Former
The Atlas Companies, Inc. Chief Financial Officer Former
LOUD Technologies Inc. Vice President Former
Ernst & Young Senior Manager Former
University of Florida Bachelor of Science Degree In Accounting Former

Clarence E. ( Bud ) Terry , was appointed as a director and Vice President in February 2003. Mr. Terry has served as Managing Director of Sun Capital Partners, Inc. since September 1999, and has more than 32 years of operating experience. Prior to joining Sun Capital, Mr. Terry served as Vice President at Rain Bird Sprinkler Manufacturing, Inc., the largest manufacturer of irrigation products in the world. Mr. Terry has been responsible for all areas of operations, including manufacturing, foreign sourcing, sales and marketing, and general management. Mr. Terry is also a director of SAN Holdings, Inc., Catalina Lighting, Horsehead Holding Corp., Exopack Holding Corp., Indalex Holdings Finance, Inc., Real Mex Restaurants, Inc. and a number of private companies.

Organization Position Status
LOUD Technologies Inc. Director and Vice President Current
Sun Capital Inc. Managing Director Current
Sun Capital Partners, Inc. Managing Director, Operations Current
LOUD Technologies Inc. Director Current
Real Mex Restaurants, Inc. Board of Directors Current
San Holdings, Inc. Director Current
Horsehead Industries, Inc. Director Current
Sanz, Inc. Chairman Former
Earthwhere Chairman Former
Northland Cranberries, Inc. Director Former
California State Polytechnic University Bachelor of Science Degree in Civil Engineering Former

Jason Neimark, 34, was appointed as a vice president in February 2003 and a director in May 2005. Mr. Neimark joined Sun Capital in 2001 and has led more than 25 buyout and re-financing transactions. After receiving his CPA designation in 1992, Mr. Neimark worked as a tax consultant and auditor for KPMG Peat Marwick until 1995 when he joined Midwest Mezzanine Funds, a provider of junior capital to middle market businesses, where he served until 2001 as a Principal. As President of K&D Distribution, a national direct marketer and specialty distributor of optical products, and an affiliated company of Midwest Mezzanine, Jason led K&D's financial and operational turnaround in 2000. Mr. Neimark graduated from Indiana University with a Bachelor of Science degree in Accounting.

Organization Position Status
LOUD Technologies Inc. Vice President Current
Sun Capital Partners, Inc. Managing Director, Sun Capital Partners, Inc. Current
LOUD Technologies Inc. Board of Directors Current
KPMG International Auditor Former
Midwest Mezzanine Funds Principal Former
KPMG International auditor Former
Sun Capital Inc. Former
Indiana University Bachelor of Science Degree In Accounting Former

Lynn R. Skillen lskillen@suncappart.com , Senior Vice President, has 25 years experience in finance and operations. Prior to joining Sun Capital Partners in 2002, Mr. Skillen served as Chief Financial Officer of two of Sun Capital Partners' affiliated portfolio companies, Catalina Lighting, a manufacturer of residential lighting products and accessories, and Celebrity, a supplier of artificial plants and flowers. He was also Vice President, Finance of Dollar Car Rental and CFO of Snappy Car Rental from 1994 to 1998. Prior to 1994, Mr. Skillen served in several finance and operating positions with Safelite Auto Glass. Mr. Skillen received his Bachelor of Business Administration degree from Wichita State University in Accounting and is a CPA.

Organization Position Status
Sun Capital Partners, Inc. Chief Financial Officer Current
LOUD Technologies Inc. Vice President Current
Sun Capital Partners, Inc. Managing Director Current
Sun Capital Partners, Inc. Vice President Current
Sun Capital Partners, Inc. Senior Vice President Current
Sun Capital Inc. Current
LOUD Technologies Inc. Board of Directors Current
Catalina Lighting, Inc. Chief Financial Officer Former
Safelite AutoGlass Finance and Operating Positions Former
Wichita State University Bachelor of Business Administration Degree Former

Organization Position Status
Sun Capital Partners, Inc. Co-CEO Current
LOUD Technologies Inc. Vice President Current
Sun Capital Partners, Inc. Co-Founder Current
Sun Capital Partners, Inc. Officer Current
Sanz, Inc. Current
LOUD Technologies Inc. Board of Directors Current
Mattress Holding Corp. Board of Directors Current
Northland Cranberries, Inc. Director Current
Earthwhere Director Current
Mackie Designs Director Current
Lehman Brothers Holdings Inc. Senior Vice President Former
Sun Capital Partners, Inc. Managing Director Former
LOUD Technologies Inc. Chairman Former
Wharton Graduate School of the University of Pennsylvania Bachelor of Science Degree In Economics Former
Wharton School, University of Pennsylvania Bachelor of Science Degree in Economics Former

Organization Position Status
LOUD Technologies Inc. Director and Vice President and Assistant Secretary Current
Sun Capital Partners, Inc. Vice President Current
LOUD Technologies Inc. Board of Directors Current
Arch Aluminum & Glass Chief Financial Officer Former
Peavey Electronics Corporation Chief Financial Officer Former
Sun Capital Inc. Former
Peavey Electronics Corporation Treasurer Former
Quincy University Master of Business Administration Former
Franklin University Bachelor of Science In Mechanical Engineering Technology Former
The Ohio State University Bachelor of Science In Business Administration In Accounting Former

Organization Position Status
Sun Capital Partners, Inc. Senior Vice President Current
LOUD Technologies Inc. Vice President Current
LOUD Technologies Inc. Director Current
Sun Capital Partners, Inc. Vice President Former
Safelite AutoGlass Former

Organization Position Status
Sun Capital Partners, Inc. Co-CEO Current
LOUD Technologies Inc. Vice President Current
Sun Capital Partners, Inc. Co-Founder Current
Sun Capital Partners, Inc. Officer Current
Sanz, Inc. Current
LOUD Technologies Inc. Board of Directors Current
Mattress Holding Corp. Board of Directors Current
Mackie Designs Director Current
Earthwhere Director Current
Lehman Brothers Holdings Inc. Senior Vice President Former
Sun Capital Partners, Inc. Managing Director Former
Northland Cranberries, Inc. Director Former
Wharton School, University of Pennsylvania Bachelor of Science Degree in Economics Former
Wharton Graduate School of the University of Pennsylvania Bachelor of Science Degree In Economics Former

Organization Position Status
LOUD Technologies Inc. Vice President Current
Sun Capital Partners, Inc. Managing Director Current
One Price Clothing Stores, Inc. Director Current
Northland Cranberries, Inc. Director Current
LOUD Technologies Inc. Board of Directors Current
Mattress Holding Corp. Board of Directors Current
Waterlink, Inc. CEO Former
Sun Capital Partners, Inc. President Consumer Brands Division Former
The Sherwin-Williams Company President Consumer Brands Division Former
The Sherwin-Williams Company General Manager Former

Jon Gacek joined Quantum as executive vice president and chief financial officer in August 2006, upon Quantum’s acquisition of Advanced Digital Information Corp. (ADIC). Previously, he served as the chief financial officer at ADIC from 1999 to 2006 and also led Operations during his last two years there. Prior to ADIC, Gacek was an audit partner at PricewaterhouseCoopers LLP and led the Technology Practice in the firm's Seattle office. While at PricewaterhouseCoopers LLP, he assisted several private equity investment firms with a number of mergers, acquisitions, leveraged buyouts and other transactions. Gacek serves on the board of directors for Loud Technologies, Inc. and HouseValues, Inc.

Organization Position Status
Quantum Corporation Chief Operating Officer, Chief Financial Officer & Principal Financial Officer Current
LOUD Technologies Inc. Director of the Company Current
Power-One, Inc. Chairman Current
LOUD Technologies Inc. Board of Directors Current
HouseValues, Inc. Board of Directors Current
Power-One, Inc. Board of Directors Current
Advanced Digital Information Corporation CFO & Vice President, Finance Operations Former
Adic Chief Financial Officer Former
PricewaterhouseCoopers partner Former
Western Washington University B.A. In Accounting Former

Organization Position Status
Sun Capital Partners, Inc. Vice President Current
LOUD Technologies Inc. Current
LizardTech, Inc. COO Former
Lizardtech Coo Former
Celartem, Inc. Senior Vice President, Finance Former
First Chicago Corporation Vice President Former
PricewaterhouseCoopers Senior Manager Former
Shoe Pavilion, Inc. Senior Management Positions Former
Kellogg School of Management at Northwestern University Master of Management Former
Kellogg School of Management at Northwestern University Master of Management Former
Kellogg School of Management at Northwestern University Bachelor of Arts Degree Former
Kalamazoo College Bachelor of Arts Degree Former

Organization Position Status
LOUD Technologies Inc. Support and Service Representative Current
The University of North Carolina B.S. In Music Former

Thomas V. Taylor was appointed as a director by the Board of Directors in April 2007. Mr. Taylor has had extensive operating and merchandising experience having spent twenty-three years with The Home Depot Companies, most recently serving as Executive Vice President, Merchandising and CMO. Mr. Taylor began his career with The Home Depot at age 16, working as a part-time Associate in the outside garden department of a store in Miami, Florida. He quickly rose through the organization assuming increasing levels of managerial and executive responsibility. From Department Head, he became Assistant Store Manager, Store Manager, and at age 26, District Manager. In 1996, he was named President of the Eastern Division, and in December 2001, he was elevated to President of the Eastern Division when the Southeast and Northern Divisions were combined to create the new Eastern Division, Home Depot s largest division with over 650 stores. From December 2004 to August 2005, Mr. Taylor assumed the newly-created role of Executive Vice President, a position responsible for all U.S. and Mexican stores. In August 2005, he was appointed Executive Vice President of Merchandising and Marketing with direct reports in merchandising, marketing, advertising, logistics, and international global sourcing.

Organization Position Status
Sun Capital Partners, Inc. Managing Director Current
LOUD Technologies Inc. Chair Current

C. Daryl Hollis, 61, was appointed a director in April 2003. Mr. Hollis has been an independent business consultant since 1998. From 1996 to 1998, Mr. Hollis served as Executive Vice President and Chief Financial Officer of The Panda Project, Inc., a technology company. Mr. Hollis is also a director of Northland Cranberries, Inc. and Catalina Lighting, Inc.

Organization Position Status
Northland Cranberries, Inc. Director Current
Medical Staffing Network Holdings Inc. Director Current
LOUD Technologies Inc. Director Current
LOUD Technologies Inc. Chair Former

Organization Position Status
LOUD Technologies Inc. Board of Directors Current
LOUD Technologies Inc. Vice President & Assistant Secretary Former

Organization Position Status
Imaging Technologies Consultant Current
San Holdings, Inc. Director Current
LOUD Technologies Inc. Director Current
Sanz, Inc. Director Current
Imaging Technologies Director Current
Labtec, Inc. Former
Northland Cranberries, Inc. Director Former

Organization Position Status
Sun Capital Partners, Inc. Managing Director Current
Earthwhere Director Current
LOUD Technologies Inc. Director Current
Sanz, Inc. Director Current
Waterlink, Inc. CEO Former
The Sherwin-Williams Company President Former
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     LTEC $0.12 0.00 (0.00% )
Average Volume 1,760
Shares Outstanding 4.86M
Market Cap 583.1K
Year High 1.4
Year Low 0.005
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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