OFFICIAL PRESS RELEASE – (Park City, UT - June 9, 2008) – Skullcandy, a developer of core audio products, announces the promotion of Jeremy Andrus to President. Formerly the Chief Operating Officer of Skullcandy, Andrus' role of President is effective immediately in the company's Park City headquarters.
"I credit the success of Skullcandy to the talented and passionate team behind the brand, and Jeremy has been a critical part of this team," stated Rick Alden, CEO and founder of Skullcandy. "Jeremy joined Skullcandy when we were about a million in revenue, and has played a huge role in the company's fantastic growth. As we continue to recruit new management talent into the company, Jeremy is the right guy to bump up to this critical role."
As President of Skullcandy, Andrus will oversee the sales, operation and financial aspects of the business under Rick Alden, who will continue in his position as CEO. Skullcandy is currently experiencing its fourth year-over-year growth of 300 plus percent. Andrus will also focus on building Skullcandy's operational team and will continue his role on the international side of the business, overseeing increased geographic expansion beyond the 40 countries in which Skullcandy is already sold.
"Skullcandy has been a wild ride over the last four years; I've never had so much fun in my career working with Rick Alden to build this company to where it is today," said Andrus. "I look forward to my responsibilities in this new role and the opportunity to continue working closely with Rick in executing our vision for Skullcandy."
Prior to joining Skullcandy in 2004, Andrus was Director of Strategic Planning and Acquisitions for boutique hotel owner/operator Kimpton Hotels & Restaurants and managed his own hotel development projects focused on Marriott franchise properties. Andrus received his MBA from Harvard Business School and BS from Brigham Young University. He currently resides with his wife and daughter in Salt Lake City, UT.
For additional information on Skullcandy and its products, visit www.skullcandy.com.
About Skullcandy, Inc.
Skullcandy designs headphones, mp3 player watches, audio accessories and other audio-enabled lifestyle products, such as backpacks with built-in speakers and iPod controls. Skullcandy also collaborates with select brands to integrate its audio technology into products from snow helmets to outerwear, apparel, packs and bags. Skullcandy gear is sold worldwide through top retailers, specialty outlets and online at www.skullcandy.com.