CLEARWATER, Fla.--(BUSINESS WIRE)--AAMP of America is pleased to announce the appointment of David A. Klatt Jr. as President and Chief Executive Officer, effective January 7th, 2015. Current CEO Ron Freeman will remain at AAMP of America as Chairman. In this elevated role, Ron will focus on acquisitions, strategic partnerships and new channel development.
David joins AAMP of America after working in consumer products and electronics for the past 28 years. Recently he served as President of Newell Rubbermaid’s global writing segment which consists of category leading brands such as Sharpie, Paper Mate, Expo and Dymo printers. Previously he held senior leadership roles in management, marketing and sales for Airclic, Black & Decker and DeWalt Tools. He has actively served on the Board of Directors for Junior Achievement since 2004. David received a business degree from LeMoyne College and holds an International MBA from Georgetown University. David, his wife Sophie, and their son Trey will be relocating to AAMP’s headquarters in the Clearwater, FL area.
Freeman states, “I am pleased to have David joining AAMP of America and welcome his vast experience in consumer markets. AAMP’s future growth depends upon our global growth strategy and David is the ideal leader to guide us in developing and executing against those expansion plans. AAMP of America has a 27-year history in the Consumer Electronics Industry with great products and service to our customers and I believe David joining AAMP will drive our success in the future. Going forward as Chairman of the organization, I look forward to focusing more on acquisitions, strategic partnerships and new channel development.”
"I am very excited to join AAMP of America and partner with Ron to help realize the full potential of this organization,” said Klatt. “Ron’s 27 years of automotive industry knowledge, experiences and reputation will be invaluable to me. AAMP’s culture of service, the potential for global and adjacent category growth, topped by the strong support from the Audax management team were the major drivers behind my decision to join the team. I see tremendous future growth for AAMP in connectivity, convenience and safety."
“The announcement of David joining as President and Chief Executive Officer and Ron moving to Chairman strategically positions AAMP of America to continue to execute on a global growth strategy,” said Young Lee of Audax Private Equity. “We look forward to continuing to invest behind David and the AAMP of America team to drive growth organically and through acquisitions in the future.”
ABOUT AAMP OF AMERICA:
AAMP of America – a portfolio company of Audax Group – is a global supplier of mobile audio/video products, mobile device accessories, and installation and OEM integration solutions. AAMP of America is the parent company for Stinger, PAC, iSimple, INTRAPHEX, Phoenix Gold, American International, Armour Automotive, Best Kits and Sound Quest. Please visit www.aampofamerica.com.
ABOUT AUDAX GROUP:
Audax Group, founded in 1999, is a leading investor in lower-middle market companies. With offices in Boston, New York and Menlo Park, Audax has over $6 billion in assets under management in its Private Equity, Mezzanine, and Senior Debt businesses. For more information visit www.audaxgroup.com.