Former Head of Marketing for Harman, Daniel Lee, Joins Turtle Beach as SVP of Marketing and Product Management Longtime Sony Electronics Executive, Yuka Yu, Joins the Company as SVP of Global Consum
San Diego, CA – April 1, 2015 – Turtle Beach Corporation (NASDAQ: HEAR) today announced the strategic enhancement of its leadership team with the appointment of Daniel Lee as Senior Vice President of Marketing and Product Management, and Yuka Yu as Senior Vice President of Global Consumer Sales. Both Lee and Yu will report directly to Turtle Beach’s Chief Executive Officer, Juergen Stark.
Daniel Lee brings more than two decades of experience in the consumer electronics sector, most recently as the Head of Marketing for Harman International Industries. In his new role at Turtle Beach, Lee will lead all global marketing and communications efforts as well as product management.
Yuka Yu’s career spans over 17 years of leadership in the entertainment electronics industry at Sony Electronics. In her new position with Turtle Beach, Yu will oversee all consumer retail and sales account management, as well as drive the Company’s international expansion.
“I’m very pleased to welcome Daniel and Yuka to our senior management team. Turtle Beach has an impressive and experienced leadership team, and adding the right talent is a key priority as we look to the future,” said Juergen Stark, Chief Executive Officer of Turtle Beach Corporation.
Stark continued: “Daniel’s strong knowledgebase in the consumer electronics and medical device sectors, coupled with his global brand experience across a broad array of product segments offers invaluable insight and strategic direction to Turtle Beach and HyperSound. And having a strong, seasoned and transformative sales leader like Yuka drive the growth and development of our headset business is crucial to Turtle Beach’s success as we continue to expand globally.”
Stark concluded: “With the addition of Daniel and Yuka, Turtle Beach is well-positioned to continue operating as one of the most innovative and dynamic audio companies in the market today.”
Prior to Daniel Lee leading Harman’s marketing efforts, he also spent three years as the Vice President of Marketing at Invacare Corporation, where he was responsible for developing integrated strategies to increase revenue and profitability. Lee also held senior marketing roles at Hitachi, Maxell and LG Electronics, and brings with him an armory of expertise in brand communications, digital properties, retail intelligence and product management. Lee earned his Bachelor of Arts degree in Marketing from Northeastern University and received his MBA from Cornell University’s Johnson Graduate School of Management.
Yuka Yu comes to Turtle Beach from a tenured career at Sony Electronics where she held a number of executive leadership roles across sales, marketing and operations, most recently serving as Senior Vice President of Consumer Sales & Marketing. Yu is credited with transforming Sony’s selling culture by focusing on sell-through, and implementing the company’s Collaborative Planning, Forecasting and Replenishment program, and establishing an integrated business and promotion planning process with major U.S. retail partners. Prior to Sony, Yu held sales positions at Tech Data Canada and Merisel Canada, and a product planning position at Toshiba Corporation (Tokyo). She received her Executive MBA at UCLA and Bachelor of Arts degree from Tokyo University of Foreign Studies.
About Turtle Beach Corporation
Turtle Beach Corporation (www.turtlebeachcorp.com) designs leading-edge audio products for the consumer, commercial and healthcare markets. Under the Turtle Beach brand (www.turtlebeach.com), the Company markets a wide selection of quality gaming headsets catering to a variety of gamers’ needs and budgets, for use with video game consoles, including officially-licensed headsets for the Xbox One and PlayStation®4, as well as for personal computers and mobile/tablet devices. Under the HyperSound brand (www.hypersound.com), the Company markets pioneering directed audio solutions that have applications in digital signage and kiosks, consumer electronics and healthcare. The company’s shares are traded on the NASDAQ Exchange under the symbol: HEAR.
Forward-Looking Statements
This press release includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events. Forward looking statements are based on management’s statements containing the words “may”, “could”, “would”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate”, “target”, “project”, “intend” and similar expressions constitute forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Forward-looking statements are based on management’s current belief, as well as assumptions made by, and information currently available to, management. While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, the substantial uncertainties inherent in acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the implementation of any businesses we acquire, our indebtedness, and other factors discussed in our public filings, including the risk factors included in the Company’s most recent Annual Report on Form 10-K and the Company’s other periodic reports. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company any is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise.
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