WASHINGTON, D.C. January 31, 2008 - Harman International Industries, Incorporated (NYSE: HAR) announced today that Robert V. Lardon will join the company as Vice President, Strategy and Investor Relations, effective immediately. He will report to the Chief Financial Officer and serve as the company's Chief Investor Relations official.
Mr. Lardon is a veteran of more than 20 years in the finance, consulting, communications, and consumer products industries. He served most recently as a strategic consultant in the consumer electronics field after serving as Senior Partner & Chief Strategy Officer at global communications agency Porter Novelli, Inc. Earlier, he was Managing Director of PricewaterhouseCoopers' Shareholder Value Strategies Practice, following positions at Accenture Strategic Services and Booz Allen Hamilton. Mr. Lardon holds a Bachelors Degree in English Literature from Middlebury College and a Masters Degree in Business Policy from Columbia University Graduate School of Business.
"This appointment reinforces our commitment to strengthening our strategic bench and communicating the company's strategy with maximum clarity and transparency," said Dinesh C. Paliwal, Harman Chief Executive Officer. "Robert Lardon enjoys a distinguished record as a strategy consultant and is adept at managing key stakeholder relationships. I look forward to working with him as we better define both the challenges and opportunities that characterize our company."
Harman Vice President, Treasurer Robert C. Ryan, who currently handles Investor Relations at the company, will focus full time on his responsibilities in the areas of treasury, real estate and insurance. "Rob Ryan's deep skills in analysis and risk management have taken on new significance as we shape a stronger Harman," said Paliwal. "Rob's focus on real estate, insurance and treasury operations will be instrumental in supporting the evolution of our global footprint and cost structure."
Harman International (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment products for the automotive, consumer and professional markets. The Company maintains a strong presence in the Americas, Europe and Asia and employs more than 11,000 people worldwide. The Harman International family of brands spans some 15 leading names including AKG, Audioaccess, Becker, BSS, Crown, dbx, DigiTech, DOD, Harman Kardon, Infinity, JBL, Lexicon, Mark Levinson, Revel, QNX, Soundcraft and Studer. The Company's stock is traded on the New York Stock Exchange under the Symbol HAR.