The Stanton Group Names Timothy Dorwart Chief Executive Officer And Appoints Mike Quandt President & Chief Operating Officer

The Stanton Group, which is a leading audio equipment company operating Stanton Magtnetics, Cerwin Vega!, and KRK Systems, announced today that it has named Timothy Dorwart its new Chief Executive Officer, and Mike Quandt the President and Chief Operating Officer. The announcement was made today by Rory Brooks, Chairman of Stanton Group.

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A 30-year music industry veteran, Dorwart was promoted from senior vice president of marketing and sales where he was responsible for all strategic sales and marketing programs pertaining to The Stanton Group?s three companies. He began his career as a professional musician and followed that up with successful stints at Bose Corporation and DMX Music where he built up their sales, marketing and distribution divisions and pioneered innovative selling channels.

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Quandt was promoted from Chief Financial Officer and Senior Vice President of Operations, and will now serve as President and Chief Operating Officer. He has over 20 years of financial and operational management experience having worked with companies such as AAR Landing Gear Services and Phelps Dodge Corporation.

Tim and Mike have been instrumental in the success of The Stanton Group over the past few years, and we are excited to have both of them as the cornerstones of our leadership team moving forward,? said Mr. Brooks.

Dorwart replaces Dave Froker, who previously served as Stanton Group CEO who has accepted an offer from a non-competitive company. ?Dave has done a great job for us in building a management team that is now well positioned to lead our future? said Mr. Brooks. ?We wish him success in his new position?

 

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