Skullcandy Names Hoby Darling President and Chief Executive Officer
PARK CITY, Utah, March 18, 2013 (GLOBE NEWSWIRE) -- Skullcandy, Inc.
(Nasdaq:SKUL) today announced that its board of directors has appointed Hoby
Darling as President and Chief Executive Officer effective immediately.
Rick Alden, Interim Chief Executive Officer and board member of Skullcandy,
commented: "On behalf of our board, I can't be more pleased to welcome Hoby to
the Skullcandy team. The board is acutely aware of the needs of this
organization and has moved swiftly to find the greatest resource to meet those
needs. Hoby's involvement with both emerging and global brands makes him the
ideal person to lead this company. He is a best in class addition to this
team, and will provide remarkable voice and leadership as the Chief Executive
Officer of this Company. I look forward to working side by side with Hoby to
build remarkable product, remarkable stories, and this remarkable Company."
Jeff Kearl, Chairman of the board, commented: "I want to thank Rick Alden for
stepping in as interim CEO and helping the board access the needs of the
organization. I'm stoked that he has agreed to stay on full time at the
Company. He will play an integral role with the executive team at Skullcandy
helping set the vision and strategy for the future, as well as attacking the
immediate initiatives outlined on the last earnings call. We look forward to
supporting Hoby and Rick in the next phase of growth at Skullcandy."
Darling joins Skullcandy from Nike, Inc. (NYSE:NKE) where he most recently
held the role of General Manager, Nike+ Digital Sport. During his tenure with
Nike, Darling was a member of the Nike Affiliates Global Leadership team and
served as the Head of Strategy and Planning for Nike Affiliates (Converse,
Cole Haan, Hurley and Umbro). Prior to Nike, Darling served as Senior Vice
President, Strategic Development and General Counsel at Volcom from its
initial public offering in 2005 until its sale to PPR in 2011. Mr. Darling was
named to Sporting Goods Business' 40 Under 40 in Sports in 2010.
Mr. Hoby Darling stated: "I am extremely excited to join the Skullcandy team
at this early stage of the Company's global growth cycle. I have been admiring
the brand's progress since Rick started the Company 10 years ago, and I see
tremendous potential to leverage the platform and culture that is already in
place. My years at Volcom and Nike have given me the opportunity to work side
by side with world-class leaders of these great brands, and I look forward to
applying all of my experience and learning to execute the near-term
initiatives recently outlined by Rick and successfully driving Skullcandy
forward over the long-term."
About Skullcandy, Inc.
Skullcandy is a leading global designer, marketer and distributor of
performance audio and gaming headphones and other accessory related products
under the Skullcandy, Astro Gaming and 2XL by Skullcandy brands. Skullcandy
was launched in 2003 and quickly became one of the world's most distinct audio
brands by bringing unique technology, color, character and performance to an
otherwise monochromatic space; helping to revolutionize the audio arena by
introducing headphones, earbuds and other audio and wireless lifestyle
products that possess unmistakable style and exceptional performance. The
Company's products are sold and distributed through a variety of channels in
the U.S. and approximately 80 countries worldwide. Visit skullcandy.com, or
join us at facebook.com/skullcandy or on Twitter @skullcandy.
Brendon Frey / Joe Teklits
Press spacebar to pause and continue. Press esc to stop.