VISTA, Calif., Sept. 29 /PRNewswire-FirstCall/ -- Directed Electronics, Inc., , the largest designer and marketer of consumer branded vehicle security and convenience systems in the United States based on sales, and a major supplier of home audio, mobile audio and video, and satellite radio products, today announced the appointment of Mr. Ronald F. Dutt to the newly created position of Executive Vice President - Finance, Operations and Legal effective Monday, October 2.
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Mr. Dutt has enjoyed an extensive and impressive career of nearly 30 years in multiple businesses, most recently as Executive Vice President (EVP) and CFO of Sola International, which was a NYSE-listed, San Diego-based company with revenues approaching $700 million.
Prior to his tenure at Sola, Dutt served as Senior Vice President (SVP) and CFO of DHL Americas, a $2 billion subsidiary of DHL Worldwide; as SVP of Financial Planning & Analysis for Visa International; and in various roles of increasing responsibility over a nearly 20 year career at the Ford Motor Company. Dutt holds a BS degree from the University of North Carolina and an MBA from the University of Washington, and is a graduate of the Navy's Officer Candidate School, where he served as a Lieutenant and Line Officer.
Dutt will join Directed's Executive Committee and report directly to Jim Minarik, President and CEO. Reporting to Dutt will be Executive Committee members John Morberg, (VP - Finance and CFO), Michael Smith, (VP - Operations, IT and HR), and KC Bean, (VP and General Counsel).
According to Jim Minarik: "As Directed continues to grow in annual revenues and number of employees, it has become apparent that I must focus more of my time on major relationships including SIRIUS Satellite Radio, acquisitions, and our overall strategy and direction for the future. I am convinced that Ron Dutt is going to be an extremely valuable addition to our team." For more information about Directed Electronics, please visit http://www.directed.com/
About Directed Electronics
Headquartered in Vista, California, Directed Electronics is the largest designer and marketer of consumer branded vehicle security and convenience systems in the United States based on sales. Directed also markets and sells certain SIRIUS-branded satellite radio receivers and accessories, with exclusive distribution rights for such products to Directed's existing U.S. retailer customer base. Directed is also a major supplier of home audio, mobile audio and video. Its broad portfolio of security products, including remote start, hybrid systems, GPS tracking, and navigation, are sold under leading brands including Viper(R), Clifford(R), Python(R), and Astroflex(R). In the home audio market, Directed designs and markets award-winning Polk Audio(R) and Definitive Technology(R) premium loudspeakers. Directed's mobile audio and video products include speakers, subwoofers, amplifiers, video screens and digital media players, sold under its Polk Momo(R), Orion(R), Precision Power(R), Directed Audio(R), Xtreme(R) Directed Video(R), Directed Mobile Media(R) and Automate(R) brand names. Directed was founded in 1982 and, with sales of $305 million in 2005, markets its broad portfolio of products through many channels including leading retailers and specialty chains throughout North America and around the world. More information is available at http://www.directed.com/.
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