Market Overview

Garmin Announces Clifton Pemble as New President and CEO, Effective January 1, 2013

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--

Garmin Ltd. (Nasdaq: GRMN) today announced that effective January 1,
2013 the board of directors has appointed Clifton Pemble to the position
of president and CEO, succeeding co-founder, Dr. Min Kao. Pemble, who
joined Garmin in 1989 as one of the company's first engineers, has been
serving as president and chief operating officer since October 2007, and
has been a member of the Garmin Ltd. board of directors since August
2004. Dr. Kao will assume the role of executive chairman, where he will
continue to serve as the chairman of the board of directors while also
providing ongoing support to the company's strategic planning and
business development processes.

“One indicator of an enduring company is the strength of its succession

See full press release

Posted-In: News Guidance Management Global

 

Most Popular

Related Articles (GRMN)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters