Management Changes at Atlantic Technology
Mar 26, 2004 4:38 PM
The board of directors of Atlantic Technology (www.atlantictechnology.com) has accepted the resignation of its president and CEO, Oscar Ciornei.
Ciornei, whose OAC Group acquired an interest in Atlantic Technology in January 2003, has returned control of the loudspeaker, electronics, and multiroom systems manufacturer to its original board of directors.
Peter Tribeman, Atlantic Technology’s chairman and founder, will resume his role as CEO, heading up the new executive management team established by Ciornei during the past year. Atlantic Technology is moving forward in executing its business plan, which was developed during the past year, and no changes in distribution are planned as a result of Ciornei’s departure.
Ciornei and his OAC group have managed Atlantic Technology since the beginning of 2003. During that time, Ciornei and his OAC partner, Joshua Cooper, led the company in designing and developing a new line of home-theater speakers to replace Atlantic’s prior offerings, as well as codeveloping the Systemline Cat-5 audio distribution system and all the related marketing, sales, and distribution programs.
Joshua Cooper will continue to work with Atlantic as an OAC Group consultant as creative director.
