BATON ROUGE, LA — The PreSonus board of directors announced that COO Stephen Fraser (pictured at left) has become the firm’s CEO, effective February 10, 2015. The Directors also announced that Jim Odom — company founder/chief strategy officer (pictured at right), will become president.
Board chair Kevin Couhig said “We are delighted that Jim Odom has chosen to take an even more active day-to-day role, concentrating on building relationships at the sales, distribution, and technology levels. We also believe Stephen Fraser is ideally suited to lead PreSonus forward as chief executive. Outgoing CEO Jim Mack will be a ‘tough act to follow’, but we’re confident Stephen will continue a great track record as CEO.”
Incoming CEO Stephen Fraser’s career began in corporate banking at Bankers Trust Company and he held senior positions at Credit Du Nord and Banque Bruxelles Lambert, where he was head of Corporate Finance. His post-banking career included senior positions as ICE PLC Managing Director, and president of the U.S. operations of sister company Lenlyn Limited. In 2004, Fraser joined Behringer Group, where he was president of the North America subsidiary before moving to Singapore as Behringer Group COO and then Chief of Staff. Fraser joined the PreSonus team in January 2010.
“I have the privilege of working with a very strong management team here at PreSonus,” said Fraser, “Combined with our unique technology and an outstanding industry reputation, I anticipate strong growth in the future.”
For more info about PreSonus, go to www.presonus.com.