August 15, 2010
VOLUME 27, NO.08

THE MAGAZINE FOR MUSICAL INSTRUMENT AND SOUND PRODUCT MERCHANDISERS

 
 
Not Doubting Thomas
   
 

   
 

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PHOTO GALLERIES
Music & Sound Awards
INSIDE NAMM 2011


Table of Contents
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FEATURE
Class is in Session
We feature many of the new, hot companies that exhibited at NAMM in January.

Gibson
Indictments Likely

Gibson Guitar is expected to face charges due to alleged illegal wood imports.

NRF Talks Jobs,
Jobs and More Jobs

The key to retailers' success for 2011 is, you guessed it, jobs. But a lot more was discussed at the 100th NRF Annual Convention.

It’s a Record!
We give you a huge review of last month’s NAMM show. Were retailers and manufacturers optimistic for the rest of this year?
MSR Exclusive Interview
Zildjian and Vic Firth have teamed up to form a percussion powerhouse. We met with Craigie Zildjian and Vic Firth at NAMM to give you all of the details about the merger.
Music Group's Master Plan
We get an exclusive look at the future of The Music Group, parent of Behringer, Bugera and more. We get an exclusive look at product launches, as well!

Knock it Off With the Knockoffs!
Counterfeit products are killing the MI industry. But one company is fighting back big time. We’ll tell you how badly knockoffs could affect the industry if left unchecked.

Music & Sound Award Nominees
We release the full list of nominees for Music & Sound Awards. See if your favorite product, person or company is nominated.

Taylor-Made For Europe
Taylor Guitars will sell all of its products directly to dealers in Europe beginning on Jan. 1. Find out why the big change was made and where Taylor’s European headquarters will be. We interview Brian Swerdfeger about it first.

We Cover it All!
For the second time, we honor instruments that get zero or little press...

A ‘Super’ Party on Kent Island
Experience PRS loaded up on celebrities, new products and much more. Get the full scoop...

‘Father of RMM’ Passes
Karl Bruhn, a tireless music industry devotee, mentored many and made awareness of health and wellness together a lifelong initiative.
Don’t ‘Skip’ this Story!
Skip’s Music Celebrates 30th Anniversary of its Special Event

I Just Wanna Bang
on the Drums All Day

Your One-Stop Shop For The Holidays!
Heathcare Provision Could
Be a Nightmare

America the Beautiful

Not Doubting Thomas
Mendello Retires, Thomas Named Fender CEO

Music City Myster
y

-The Latest, Industry, Dealers, People and Product Buzz and Showcases.

COLUMNS
NAMM in Photos
A lot happened at NAMM in January to say the least. We capture plenty of it within our three-page NAMM photo collage.
The Music & Sound
Independent Retailer

We cover the sad passing of two prominent retailers and another named the "Citizen of the Year."
Music & Sound Award
Dealer Winners

Our list of dealer winners for the 25th Music & Sound Awards.
Music & Sound Award Manufacturer Winners
Our list of manufacturer winners. And, this time, we got them to provide comments on the victories.
Five Minutes With
Learn tons about Yamaha with Takuya (Tak) Nakata, president of the company's USA division.
MI Spy
Spy took a long flight from the cold of New York to the less cold, but quite windy, San Francisco.
Appraisal Scene Investigation
Rebecca Apodaca takes another look at the legendary guitar builder R.C. Allen.
Sales Guru
Unfortunately, Gene Fresco couldn't attend NAMM for health reasons. But he does have great information about a topic he hasn't covered before. He will help you get into your own head and make you believe. Believe what? Gene will tell you.
Business & Marketing
Carl Mandelbaum will present tips on how to develop your Web site.
Veddatorial
Dan Vedda did attend NAMM. He has a lot of thoughts to share about the show.


FORMIDABLE FEMALES

Sharon Hennessey: Loves our industry, you will find out. She'll also tell you why she ultimately decided to join The Music People! And yes, she will definitely fill you in on her goals as a new NAMM board member.
Carla Alger: Being in the music industry is definitely the most exciting opportunity Carla Alger, chief financial officer at Two Old Hippies, has ever had. Find out why.
Dawn Werk
:Dawn Werk, Alpha Books’ director of marketing, heads a group that is responsible for 450 non-fiction books. Now that’s a lot! Music is a small, but very important, part of that catalog.
Sonia Vallis: Sonia Vallis might be an only child, but she grew up with a sibling that has now become like another child to her.-
Catherine Polk

Cyndi Fritz
Janet Deering
Kathy How
Sarah Heil
Sue Avant

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Not Doubting Thomas
Mendello Retires, Thomas Named Fender CEO

[August 2010 - Page 1]

Former Guitar Center CEO Larry Thomas has a new gig: CEO at Fender Musical Instruments Corporation. Fender Chairman and CEO Bill Mendello announced on June 29 that he would retire from his position later this year. Mendello will remain on Fender’s board of directors. Thomas was announced as Mendello’s successor on July 6.
On Aug. 1, Mark Fukunaga and Michael Lazarus were named Fender’s co-chairmen.
Mendello was named Fender’s chairman and CEO in 2005. His retirement is the culmination of more than a 30-year career at the company. He joined CBS’ Music Instruments Division as vice president and controller in 1977. In 1985, Mendello was a key cog in the completion of a leveraged buyout of Fender Musical Instruments from CBS. That’s when the company became known as Fender Musical Instruments Corporation.
Mendello also led Fender’s acquisition of KMC Music.
“I have been uniquely privileged to call Fender my ‘second family’ for more than 30 years,” said Mendello. “Now, after a 45-year career, I am looking forward to spending more time with my family, traveling and pursuing personal interests. I am very proud of the work I have accomplished and the people I have come to know in the industry, and am especially happy to be able to retire with a great amount of confidence in the company’s future.”
Thomas served as Guitar Center’s chairman and CEO from 1996 to 2004. Mendello added he was honored to have Thomas succeed him. “I am delighted to be able to pass the leadership of FMIC into the very capable hands of Larry Thomas,” he said. “Larry is a widely respected person with an incredible amount of experience and valuable insight about music and music companies, large and small. He is one of the true legends in the industry and brings the credentials that will help lead FMIC to ever greater future success.”
“It is an incredible honor and responsibility to be chosen to lead Fender Musical Instruments Corporation,” said Thomas. “As one of the world’s best known and most respected companies, there continues to be a great potential in the FMIC brands, and I look forward to contributing to future success while growing the company’s powerful musical legacy.”
“I have admired and respected the hard work and great results Bill Mendello has consistently delivered throughout his career at Fender and believe his contributions to the success of the company cannot be overstated,” said Fukunaga.
Added Lazarus: “Now that the yearlong succession planning process and CEO search has concluded, we are pleased to be able to offer Bill our immense gratitude. Bill has proven to be a successful and important figure in Fender history and, on behalf of everyone at the company, I thank him for his dedication and wish him the very best in retirement.”

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