Skullcandy Appoints Jason Hodell Chief Financial Officer
PARK CITY, Utah, Oct. 7, 2013 (GLOBE NEWSWIRE) -- Skullcandy, Inc.
(Nasdaq:SKUL) today announced the appointment of Jason Hodell as chief
financial officer, effective no later than November 4, 2013.
Hodell has over 15 years of experience in corporate finance, operations,
technology, digital commerce and turnarounds, having served in a number of
leadership positions with both private and public companies. He joins
Skullcandy directly from Shopzilla, one of the largest families of comparison
shopping engines in global internet retailing, where he served as chief
financial officer. Prior to Shopzilla, Hodell was chief financial officer and
chief operating officer of Move Networks, an internet protocol television
technology pioneer, which was acquired by EchoStar Corporation. Earlier in his
career, Hodell was senior director of business operations at Digex, a
publicly-held managed IT services and complex web-hosting firm, now a division
of Verizon Communications. In addition, as chief financial officer and chief
operating officer, he led the recapitalization and restructuring of the AVP
pro beach volleyball tour and was later promoted to chief executive officer.
He was also a member of the technology investment banking group of JPMorgan
and a portfolio manager with Plainview Capital. Hodell received his B.S. in
Economics (Mathematical) from the United States Military Academy at West Point
and then served for five years as an Infantry Officer in the U.S. Army. He
earned his MBA in Finance from the Wharton School, University of Pennsylvania.
"Through our exhaustive search process, Jason emerged as the ideal leader to
take on the role of chief financial officer," said Hoby Darling. "Jason's
financial and operational leadership experience, particularly his technology
and digital background, will be highly valuable to Skullcandy's ongoing
transformation and future success. We were also attracted to Jason's
turnaround experience, an important skill set that will be an added benefit to
our current situation. Equally important, Jason is a great fit for the strong
corporate culture we are developing in Park City and throughout our global
organization. Jason's passion is contagious and I'm confident he is going to
have an immediate and long lasting positive impact on Skullcandy as we drive
towards achieving sustainable growth and improved shareholder returns."
ABOUT SKULLCANDY, INC.
Skullcandy is the original lifestyle and performance audio brand inspired by
the creativity and irreverence of youth culture.Skullcandy designs, markets
and distributes 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
Brendon Frey / Joe Teklits
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