Jim Huang will fill the new senior executive position at Harman - head of corporate development.
USA - Harman Professional has announced the creation of a new senior executive position, head of corporate development, and the appointment of seasoned business development leader, Jim H. Huang, to fill the role. Reporting directly to Michael MacDonald, executive vice-president of marketing and sales and to Greg Henry, chief financial officer, Huang is responsible for driving growth strategies including market analysis, M&A activities and emerging market initiatives such as branding, channel strategy and local sourcing and manufacturing.

Jim Huang will also work with David Jin and M. Lakshminarayan, China and India country managers and with Charles Owen, vice-president of corporate strategy, to dovetail Harman Professional strategies with the Harman corporate strategy. According to Michael MacDonald, Jim Huang will add a new dimension of focus, experience and commercial expertise to Harman Professional's global business.

"Harman Professional is now well-positioned to grow our business globally by providing our existing customers with new exciting products and new customers with Harman's unmatched offering of performance, integration and value," MacDonald said. "With strong product development programmes delivering compelling innovations; our step-change cost saving initiative returning strong efficiencies and the global economy showing positive indicators, we believe the opportunity is ripe for Harman Professional to grow market share in developed markets and provide strong value in emerging markets. I am confident that Jim Huang is just the person to help us achieve that growth."

Jim Huang has over 10 years of professional consulting experience. Prior to Harman he was a lead engagement manager in the transaction advisory practice of Ernst & Young with experience in over 40 M&A transactions with total value in excess of $15 billion. Commenting on his new position, Huang noted: "I am very pleased to join this dynamic, ambitious team at the helm of a great company of innovative products and proven brands. I am confident that the direction Harman is on, will deliver considerable growth in the months and years ahead and I look forward to contributing to that growth."

(Jim Evans)


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