WASHINGTON, D.C. January 29, 2008 - Harman International Industries, Incorporated (NYSE: HAR) announced today that John Stacey will join the company as Vice President and Chief Human Resources Officer, effective February 25, 2008. He will report to the Chief Executive Officer and serve as a member of the Group Executive Committee.
Mr. Stacey, a Canadian national, is a veteran of more than 20 years in the human resources field, serving currently as Vice President, People - North America for leading beverage manufacturer Labatt/Inbev. He has held a series of similar key positions in the United States, Canada, and Europe, with extensive focus on organizational development, compensation, training and development, recruitment and selection, restructuring, and collective bargaining. Mr. Stacey holds a degree in Business Administration from Memorial University of Newfoundland, with a focus on Human Resources and Industrial Relations.
"I am delighted to welcome John Stacey to the Harman senior management team," said Dinesh C. Paliwal, Harman Chief Executive Officer. "We are committed to achieving new efficiencies in our human resources strategy, while continuing to attract the top talent necessary to operate as an industry leader. I look forward to working with John to unlock the vital energy of our people toward achieving their full potential."
Harman International (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment products for the automotive, consumer and professional markets. Its brands include Harman Kardon®, JBL®, Revel®, Mark Levinson®, Infinity®, Lexicon®, Soundcraft-Studer®, AKG®, Becker® and QNX®. The company maintains a strong presence in the Americas, Europe and Asia and employs more than 10,500 people. The company's stock is traded on the New York Stock Exchange under the Symbol: HAR.
Robert C. Ryan Vice President, Treasurer