 |
FOR IMMEDIATE RELEASE: June 10, 2008
Media Contacts:
Debbie Bennett
VP Marketing
LightWedge, LLC
508-228-9334 ext. 102
debbie@lightwedge.com
Nicky Shifman
Marketing Communications Director
LightWedge, LLC
508-228-9334 ext. 116
nshifman@lightwedge.com
LightWedge, LLC Opens Boston Office, Hires Chief Financial Officer and Chief Customer Officer
Ira Morgenstern and Chuck Stravin Join LightWedge as CFO and CCO Respectively
Boston, MA – June 10, 2008 – LightWedge, LLC, (www.lightwedge.com), maker of innovative LightWedge® and Great Point Light™ book lights and magnifiers, announced the company has hired two high–level, finance and sales industry professionals to serve in the senior management positions of Chief Financial Officer and Chief Customer Officer. LightWedge's new CFO, Ira Morgenstern, was formerly the Chief Financial Officer of Shawmut Design and Construction, while new CCO, Chuck Stravin, was formerly the Executive Vice President–Sales and Marketing at Euro–Pro Operating, LLC.
"We are delighted to have such seasoned local executives join the LightWedge team and form the core of our new Boston office," said LightWedge founder and CEO Jamey Bennett. "Ira and Chuck are proven leaders in the consumer products industry. They bring tremendous financial, marketing and sales experience to our small but rapidly growing company. "
While at Shawmut Design and Construction, Morgenstern helped prepare the $600 million construction management company for the next level by realigning business unit measurements, budgeting, accountability, and the cost recovery process. In addition, he led the transition to move Shawmut to 100% ESOP owned.
Prior to joining Shawmut, Morgenstern served as the Chief Financial Officer at ZOOTS Corp., The Holmes Group and held senior financial positions at Diageo PLC (formerly Grand Metropolitan PLC). He has extensive experience in driving improved performance in consumer companies, external financings and strategic transactions.
During his time at Euro–Pro, Stravin led the $300 million consumer appliance company's sales and marketing efforts. He helped structure and stabilize an entrepreneurial sales and marketing organization while the company completed a range of restructuring activities.
Prior to joining Euro–Pro, Stravin held leadership positions with Jarden Consumer Solutions/The Holmes Group where most recently he was Vice President of Finance & Business Unit Operations for the $250 million Home Environment Division. Stravin has numerous years of experience in the consumer products industry helping companies build value and competitive advantage and has a broad understanding of leading major business unit operations in sales, marketing and finance.
About LightWedge, LLC
LightWedge, LLC designs, manufactures, and markets innovative lighting and magnification products under the LightWedge® and Great Point Light™ brands. The company's products use the latest LED technology to provide bright, safe, energy efficient light. LightWedge brand products include the LightWedge Original, LightWedge Paperback, LightWedge Mini and accessories. The Great Point Light line features stylish and innovative book lights and magnifiers in a bold palette of colors. LightWedge, LLC was named to Inc. Magazine–s prestigious 'Inc. 500' list of the fastest–growing private companies in 2006. LightWedge and Great Point Light products are available at retailers nationwide, including Barnes & Noble, Borders, Target, Wal-Mart and Office Depot, as well as the company’s online store (www.biggerandbrighter.com) and other online retailers. For more information, visit www.lightwedge.com and www.greatpointlight.com.
# # #
Editors’ Note:
Sample products are available for review. High-resolution product images are available at
www.lightwedge.com/gallery.
|
 |