PARK CITY, Utah, Jan. 6, 2014 (GLOBE NEWSWIRE) -- Skullcandy, Inc. (Nasdaq:SKUL) today announced that Jay Brown has been appointed to the Company's Board of Directors. Mr. Brown is Co-Founder & Chief Executive Officer of Roc Nation.
"We are very excited to welcome Jay to Skullcandy's board. He brings to the company valuable perspectives gained from his many years finding and developing world-renowned music talent and growing entrepreneurial businesses. As Co-Founder and Chief Executive Officer of Roc Nation, Jay will significantly amplify Skullcandy's presence in music and music lifestyle," stated Hoby Darling, President and Chief Executive Officer. "Jay's appointment comes at an exciting time in Skullcandy's evolution into an audio performance leader driven by our innovative product development platforms and strong brand. With best in class quality and capabilities to deliver innovative audio experiences through technology platforms like Crusher, and fit and sound solutions like Off-Axis and Supreme Sound, we are now in a place where we can accelerate our music presence. I'm confident Jay will be a priceless partner in this important strategic initiative."
Mr. Brown, a 20-year music industry executive veteran, fostered the careers and discovered countless superstars including Rihanna and Ne-Yo while EVP of Def Jam Recordings and working with artists such as NAS. Mr. Brown currently overseas the careers of a diverse Roc Nation roster comprised of Grammy award winning and critically acclaimed recording artists, writers and producers including Rihanna, Shakira, Timbaland, Kylie Minogue and Santigold."There's more overlap between music and lifestyle than ever before. Skullcandy was really the first brand to pave the road for a culture of lifestyle audio in the headphone space. I couldn't be more excited to join the Board of Directors now--especially at this stage of the evolution and I look forward to seeing the brand drive innovation in the space," Brown said.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV