BNET Industries
Market Cap:$485.9K
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 OfficerRodney E Olson
Number of Employees 533
Contact Information
16220 Wood-Red Rd NE
Woodinville, Washington 98072
(425) 892-6500
Peer Companies
NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220
News & Analysis
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loud technologies inc. - All News and Analysis
LOUD Technologies Inc. Receives NASDAQ Staff Determination Regarding Delisting
LOUD Technologies Inc. (NASDAQ:LTEC) (the âCompanyâ) today announced that it received a NASDAQ Staff Determination Letter on February 20, ...
LOUD Technologies Inc. Announces Intention to Voluntarily Delist Common Stock From NASDAQ Stock Market and Terminate Registration as a Public Company
WOODINVILLE, Wash. -- LOUD Technologies Inc. (NASDAQCM:LTEC) (the "Company") today announced that it has submitted written notice to the NASDAQ Stock Market LLC ("NASDAQ") of its intention to voluntarily delist its common stock from NASDAQ. The Company intends to file a Form 25 with the Securities and Exchange Commission ("SEC")...
U.S. Band & Orchestra buys St. Louis Music wholesale; deal with Loud Tech. includes Knilling violin division and Austin guitar brand.(FOREFRONT: NEWS * ANALYSIS * INFORMED OPINION)
U.S. BAND & ORCHESTRA Supplies has acquired the SLM Marketplace Division and its Austin guitar brand as well as the Knilling Stringed Instrument division from Loud Technologies. The transaction rounds out U.S. Band & Orchestra's school music offerings and expands its presence in the larger m.i....
Loud restructures, cuts 90 jobs, hires independent reps.
NEW LOUD TECHNOLOGIES CEO Ronald Olson has announced a corporate restructuring plan that will cut approximately 90 full-time jobs and realign the company's R&D and marketing staffs. In a memo to employees, Olson said, "Under the new organization, product strategy, development, and marketing for the company's...
Alvarez-Yairi WY1TWR
Fishman Aura-equipped thinline acoustic makes daring style statement in a performance-ready package. Kazuo Yairi is justly regarded as one of Japan's greatest luthiers. His partnership with American distributor St. Louis Music now part of Loud Technologies - which birthed the Alvarez-Yairi brand in the mid-'60s - has been one of...
LOUD Technologies Inc. Receives Letter from Nasdaq Regarding Form 10-Q Filing
WOODINVILLE, Wash. -- LOUD Technologies Inc. (NASDAQCM:LTEC) ("LOUD") today announced that it received a notice from the Nasdaq Stock Market ("Nasdaq") indicating that the Company is not in compliance with the requirements for continued listing under Nasdaq Marketplace Rule 4310c(14) because it did not file its Quarterly Report on Form...
Olsen replaces Engen as Loud CEO.(PEOPLE: MOVERS AND SHAKERS)
Rodney Olsen has been named chairman and CEO of Loud Technologies, replacing Jamie Engen, who stepped down on August 15. Olson joins Loud Technologies, the parent company of Mackie Designs, EAW, Martin Audio, and St. Louis Music, after a decade with Cardinal Brands, a Kansas-based $170...
Loud names Stewart chief operating officer.(PEOPLE)
TECHNOLOGY INDUSTRY veteran Jim Stewart has been appointed chief operating officer of Loud Technologies, the parent of Mackie Designs, EAW, Tapco, Ampeg, Crate, and other m.i. brands. Stewart, 51, was most recently executive director of Sharper Counsel, a management consulting firm specializing in technology products. Previously...
LOUD Technologies Announces Appointment of New Chief Operating Officer
WOODINVILLE, Wash. -- LOUD Technologies Inc. LOUD (NASDAQ:LTEC), a leading professional audio and music products company, announced on July 25, 2008, the appointment of James Stewart as its Chief Operating Officer. Mr. Stewart will be responsible for the core operations of the company including Information Technologies, Technical Support,...
Sales decline causes third-quarter loss: Loud Technologies.(FOREFRONT: NEWS * ANALYSIS * INFORMED OPINION)(Financial report)
SALES AT LOUD TECHNOLOGIES, the parent company of Mackie Designs, EAW, and the former St. Louis Music Corp., declined .7% to $53.1 million for the three-month period ended September 30, compared with $53.4 million for the same period a year ago. The sales decline was partially ...
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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 |
| 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 |
| Advanced Digital Information Corporation | CFO & Vice President, Finance Operations | Former |
| Adic | Chief Financial Officer | Former |
| PricewaterhouseCoopers | partner | Former |
| Power-One, Inc. | Board of Directors | Former |
| Western Washington University | B.A. In Accounting | 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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