Harman International Industries Inc./DE/ : HARMAN Appoints Frank Sklarsky to Board of Directors
06/27/2012| 04:35pm US/Eastern
Harman International Industries, Incorporated (NYSE: HAR) announced
today that Frank Sklarsky has been appointed to serve as a member of the
Company's Board of Directors. Mr. Sklarsky will fill a vacancy on the
Board and will serve under this appointment until December 2012, at
which time he will stand for reelection to the Board through the
Company's normal process.
Mr. Sklarsky is currently the Chief Financial Officer and Executive Vice
President of Tyco International Ltd., a leading global provider of
security, fire protection and flow control solutions, with revenues of
$17 billion. At Tyco, Mr. Sklarsky has been instrumental in unlocking
and creating significant shareholder value. As previously disclosed,
after Tyco's planned separation he has decided to leave Tyco later in
the year to pursue other opportunities.
Prior to joining Tyco, he served as Executive Vice President and Chief
Financial Officer at Eastman Kodak Company and ConAgra Foods, Inc.
Earlier in his career, Mr. Sklarsky spent 20 years with Chrysler in a
series of senior financial leadership roles. He also served in other
executive finance positions with Dell, Inc. and started his career with
Ernst & Young. He earned his MBA from Harvard University and his
Bachelor of Science, in Accounting, from Rochester Institute of
Technology, where he serves as a member of the Board of Trustees. He is
also a certified public accountant.
"We are delighted to welcome Frank Sklarsky to our Board of Directors
and look forward to his outstanding contributions," said Dinesh C.
Paliwal, Harman's Chairman, President and CEO. "Frank's deep expertise
in financial management and strong global perspective will be tremendous
assets to our Board."
designs, manufactures and markets a wide range of audio and infotainment
solutions for the automotive, consumer and professional markets --
supported by 15 leading brands, including AKG, Harman Kardon, Infinity,
JBL, Lexicon and Mark Levinson. The company is admired by audiophiles
across multiple generations and supports leading professional
entertainers and the venues where they perform. More than 25 million
automobiles on the road today are equipped with HARMAN audio and
infotainment systems. HARMAN has a workforce of about 13,000 people
across the Americas, Europe and Asia, and reported net sales of $4.3
billion for the 12 months ended March 31, 2012. The company's shares are
traded on the New York Stock Exchange under the symbol NYSE:HAR.
© 2012 HARMAN International Industries, Incorporated. All rights
reserved. Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson are
trademarks of HARMAN International Industries, Incorporated, registered
in the United States and/or other countries. AKG is a trademark of AKG
Acoustics GmbH, registered in the United States and/or other countries.
Features, specifications and appearance are subject to change without
Harman International Industries, Incorporated
Robert V. Lardon,
Vice President, Investor Relations
© Business Wire 2012