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Steinway Musical Instruments Inc.
Steinway Musical Instruments Inc.
09/21/2012 | Press release
Thomas Kurrer to Retire from Steinway & Sons
distributed by noodls on 09/21/2012 10:03
WALTHAM, Mass., Sept. 21, 2012/PRNewswire/ -- Steinway Musical Instruments, Inc. (NYSE: LVB) today announced that Thomas Kurrer will retire from his position as President and CEO of Steinway & Sons Worldwide by the end of this year.
Mr. Kurrer has had an outstanding 23-year career at Steinway & Sons. He joined the company as Managing Director of Steinway Germany and undertook responsibility for Steinway's European and Asian-Pacific operations. During his tenure, Steinway established operations in both Japanand Chinaand grew its retail piano operations in both Europeand the Americas. After his promotion to President Worldwide in 2008, Mr. Kurrer spearheaded Steinway's brand harmonization initiative, establishing consistency of the iconic brand's image across the globe.
Commenting on Mr. Kurrer's retirement, Michael Sweeney, CEO of Steinway Musical Instruments, said, "On behalf of our employees worldwide, I'd like to thank Thomas for his extraordinary leadership, particularly over the last five years. Thomas took the reins of Steinway & Sons just prior to the global economic downturn. His sound guidance through very challenging times helped the company emerge as the strong competitor it is today. Although Thomas' retirement has been planned for some time, he has agreed to consult for Steinway & Sons in 2013 and remains a member of Steinway Musical Instruments' Board of Directors."
Since Steinway Musical Instruments is in the process of evaluating strategic alternatives, the operational duties of President of Steinway Worldwide will be assumed by SMI CEOMichael Sweeney, with the regional heads of Steinway & Sons Americas, Europeand Asia-Pacificreporting to him as of October 1, 2012.
About Steinway & Sons
Since 1853 Steinway pianos have set an uncompromising
standard for sound, touch, beauty and investment value.
Steinway remains the choice of 9 out of 10 concert artists,
and is the preferred piano of countless musicians,
professional and amateur, throughout the world. For more
information, visit www.steinway.com.
About Steinway Musical Instruments
Steinway Musical Instruments, Inc., through its Steinway
and Conn-Selmer divisions, is a global leader in the
design, manufacture, marketing and distribution of high
quality musical instruments. These products include Bach
Stradivarius trumpets, Selmer Parissaxophones,
C.G. Conn French horns, Leblanc clarinets, King
trombones, Ludwig snare drums and Steinway & Sons
pianos. Through its online music retailer, ArkivMusic, the
Company also produces and distributes classical music
recordings. For more information about Steinway Musical
Instruments, Inc.www.steinwaymusical.com.
Contact:
Julie A. Theriault
Telephone:
781-894-9770
Email:
ir@steinwaymusical.com
SOURCE Steinway Musical Instruments, Inc.
