Tivoli Audio in the news
Tivoli Audio LLC, leading Boston manufacturer and designer of highly acclaimed, award-winning signature audio products, announces the appointment of Jeffrey Stone as its new president and chief operating officer. Mr. Stone comes to Tivoli Audio from Tweeter Home Entertainment Group, where he was the president and CEO. This announcement was made today by Tom DeVesto, CEO and founder of Tivoli Audio, who will become the company’s chairman and CEO, effective April 26th, when Jeffrey Stone officially comes on board. Mr. Stone joined Tweeter in 1990 as its president and then became CEO in January 1999. During his tenure, he has been instrumental in helping grow the company from $23 million in revenue to nearly $800 million in revenue. Also during that period, the chain grew from 13 stores in three New England states to the present day total of 176 stores in 22 states. “Since its inception in 2000, Tivoli Audio has grown from a start-up company in Boston to a multi-national marketer of high-fidelity audio products, known world-wide for its fine quality, unique designs, and affordable prices,” says Mr. DeVesto. “My professional relationship with Jeff Stone and Tweeter provides me with total confidence in his leadership, allowing me the freedom to continue developing innovative products and expanding into global markets.” “I have known Tom DeVesto for a long time and have tremendous respect for him as a creative entrepreneur and brilliant business developer,” adds Mr. Stone. “Given our respective backgrounds and business skills, we will make a phenomenal team in working together to bring Tivoli to even greater levels.” Tivoli Audio welcomes Jeff Stone as our new President and Chief Operating Officer. Be sure to keep an eye on Tivoli Audio for new and exciting things in the coming year!