HARMAN Names I.P. Park as Chief Technology OfficerDecember 21, 2011
STAMFORD, CT –– Harman International Industries, Incorporated, the leading global audio and infotainment group (NYSE: HAR) today announced that Dr. I.P. Park will be joining Harman as Executive Vice President and Chief Technology Officer, effective February 1, 2012. He will report directly to Dinesh C. Paliwal, Chairman, President, and Chief Executive Officer.
As Chief Technology Officer, Park will assume responsibility for the CTO organization, charged with setting HARMAN’s technology agenda both now and in the future, and driving core innovation to enable business development opportunities across HARMAN’s lines of business.
Park will join HARMAN from Samsung Electronics, where he was Vice President heading the Intelligent Computing Lab of the Samsung Advanced Institute of Technology focused on developing disruptive software and computing technologies. He holds a Ph.D. degree in Computer Science from Columbia University, and holds numerous patents in the field of computing. Park will be based in Stamford, Connecticut.
Sachin Lawande, who was appointed Chief Technology Officer in January 2009, continues on at HARMAN as the Co-President of the Lifestyle and Infotainment divisions.
“As a highly respected expert in the computing and electronics industry, Mr. Park is an excellent choice to be our Chief Technology Officer,” said Dinesh C. Paliwal, Chairman, President, and Chief Executive Officer at HARMAN. “He not only brings world-class skills and years of experience to enhance the Company’s research and development capabilities, but a broad perspective on advanced research practices, partnerships, and standardization efforts. With Mr. Park’s global depth, he will be a strong addition to our leadership team as we continue to execute our growth plan and increase value for our shareholders. I am very pleased to welcome Mr. Park to HARMAN.”
HARMAN (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets — supported by 15 leading brands, including AKG, Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson. The company is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 25 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a workforce of about 12,500 people across the Americas, Europe and Asia, and reported net sales of $4.0 billion for twelve months ending September 30, 2011. The Company's shares are traded on the New York Stock Exchange under the symbol NYSE:HAR.
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