STAMFORD, CT – HARMAN, the global premium audio and infotainment group (NYSE:HAR), issued the following statement today:
On behalf of the employees and the Board of HARMAN International, it is with great sadness that we learned of the passing of HARMAN founder and Chairman Emeritus Sidney Harman.
“His legacy of leading-edge innovation and premium quality will continue to live on at HARMAN and I am grateful to Dr. Harman for the trust he placed in the company’s management to carry on his legacy” said HARMAN Chairman, President and CEO, Dinesh Paliwal.
He will be remembered for his great charm, his curiosity, his philanthropic and public service interests, and his genuine kindness to employees and customers alike.
Our employees join us in sending our deepest sympathies to his family.
HARMAN (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets – supported by 15 leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon® and Mark Levinson®. The Company is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 20 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a workforce of about 11,800 people across the Americas, Europe and Asia, and reported sales of $3.5 billion for the twelve months ended December 31, 2010. The Company’s shares are traded on the New York Stock Exchange under the symbol NYSE:HAR.