Industry stalwart Sweetwater Sound has announced that Chuck Surack became a chairman of the company’s board and executive vice president John Hopkins became the new CEO. In July, it was reported that US investment firm Providence Equity Partners L.L.C. held a majority stake in the company, but Surack commented that it would continue to provide the same services as before. In addition to selling musical instruments and audio equipment, the company has also announced a vision for the development and cultural preservation of Fort Wayne, Indiana, where it is based, and the establishment of its own publishing division.
SWEETWATER HAS NEW MAJORITY OWNER; CHUCK SURACK LEAVES CEO POST