14-Year company veteran to lead global growth initiative
MIAMI, FLORIDA, FEBRUARY 9, 2006 — Niles Audio Corporation announced today the appointment of Frank K. Sterns to President, effective immediately. He succeeds company founder, Ivan N. Zuckerman, who left the company in July 2005 after its sale to Linear LLC. Sterns will report directly to Linear Chairman/CEO Grant Rummell. Sterns, 46, will be responsible for all aspects of the company’s strategy and operations and will focus on accelerating the pace of innovation while remaining true to the company’s roots. The announcement comes one day after Niles celebrated its 28th anniversary, and 6 months after Niles was acquired by Linear, LLC, a wholly owned subsidiary of Nortek, Inc., the leading international designer, manufacturer and marketer of high-quality branded building products.
“Frank is an outstanding leader committed to helping Niles’ customers grow their businesses by tapping the breadth of Niles products and expertise,” Rummell said. “His broad skills in sales, marketing, operations, engineering and finance combined with his strategic experience will be great assets to the Niles team as well as our customers around the world,” Rummell added.
A 14-year Niles veteran, Sterns most recently served as Executive Vice President and Chief Operating Officer where he lead the brand strategy to enter the digital source market by offering modular multi-zone receivers with satellite radio and digital music capabilities. Previously as Vice President of Sales from 1992 to 2003, he led the company to its prominent position in the custom installation industry. In that period, he helped transform the company from a provider of switching solutions to the world’s leading one-stop-shop for custom installation professionals. Before joining Niles, Sterns was National Sales Manager at Infinity Systems, a Harman International Industries, Inc. company.
Sterns earned a Bachelor of Science degree in Marketing from California State University, where he was named to the Dean’s list as an outstanding student. He is a member of the Audio Engineering Society, the American Management Association, CEDIA (the Custom Electronic Design and Installation Association), and PARA (the Professional Audio Retailers Association). He has parlayed his lifelong passion for music and electronics into a dynamic career. He lives in Weston, Florida where he enjoys bicycling, photography, wine collecting and gourmet cooking.
Talking Points
• Niles Audio Corporation appointed Frank K. Sterns President
• Sterns will be responsible for all aspects of the company’s strategy and operations and will focus on accelerating the pace of innovation
• The announcement comes one day after Niles celebrated its 28th anniversary, and 6 months after Niles was acquired by Linear,LLC
• Sterns is committed to helping Niles customers grow their businesses by tapping the breadth of Niles products and expertise
• Sterns is a 14-year Niles veteran and most recently served as Executive Vice President and Chief Operating Officer
• Sterns earned a Bachelor of Science degree in Marketing from California State University. He is a member of the Audio Engineering Society, the American Management Association, CEDIA (the Custom Electronic Design and Installation Association), and PARA (the Professional Audio Retailers Association)
Corporate Information
Niles Audio Corporation, based in Miami, Florida, is a 28-year-old company that is recognized as The First Name In Custom Installation. As a leading designer, manufacturer, and marketer of audio/video custom installation products, Niles Audio has ridden the wave of success on the strength of seven valuable principles including a commitment to a reliable, high-performance, application-specific, product design philosophy, a complete and up-to-date product assortment with just in time delivery, extensive training and technical support with exemplary customer service and strong dealer relationships. Niles is a model brand based on strength, reliability and outstanding performance with a wide range of award-winning, innovative products.
Additional information may be obtained by contacting Mike Detmer at Niles Audio Corporation, 12331 SW 130th Street, Miami, FL 33186 (Tel: 800-289-3343 ext 197) or by visiting: http://www.nilesaudio.com/
Niles, The First Name In Custom Installation, and Blending High Fidelity And Architecture are registered trademarks of Niles Audio Corporation in the United States and/or other countries.
