PreSonus Audio Electronics COO Stephen Fraser has been named Chief Executive Officer, while founder and former Chief Strategy Officer Jim Odom becomes company President.
New CEO Stephen Fraser’s career began in corporate banking at Bankers Trust Company and he held senior positions at Credit Du Nord and Banque Bruxelles Lambert, where he was head of Corporate Finance. His post-banking career included senior positions as ICE PLC Managing Director, and president of the US operations of sister company Lenlyn Limited. In 2004, Fraser joined the Behringer Group, where he was President of the North America subsidiary before moving to Singapore as Behringer Group COO and then Chief of Staff. Fraser joined the PreSonus team in January 2010.
‘We believe Stephen is ideally suited to lead PreSonus forward as Chief Executive,’ says Kevin Couhig, Board Chairman. ‘In his five years as PreSonus COO, he has developed highly effective strategies backed by strong operating skills and relentless execution. Outgoing CEO Jim Mack will be a tough act to follow, but we’re confident that Stephen will continue a great track record as CEO.
‘At the same time, we are delighted that Founder Jim Odom has chosen to take an even more active day-to-day role, concentrating on building relationships at the sales, distribution and technology levels.’
More: www.presonus.com
