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Turtle Beach Corporation Appoints Mark Weinswig Chief Financial Officer

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Turtle Beach (TBCH) has appointed Mark Weinswig as Chief Financial Officer, effective February 3, 2025. Weinswig brings over 25 years of financial leadership experience, most recently serving as CFO at Ouster following its merger with Velodyne Lidar, where he achieved significant cost savings through integration strategies.

Weinswig, who holds an MBA from Santa Clara University and a BS in Accounting from Indiana University, has previously held CFO positions at Avinger, EMCORE, and Avanex. He succeeds John Hanson, who will transition to a senior advisor role for six months before retirement.

CEO Cris Keirn expressed confidence in Weinswig's ability to drive financial performance and execute strategic initiatives to enhance shareholder value. The new CFO has held both CPA and CFA designations, bringing comprehensive financial expertise to the gaming accessories provider.

Turtle Beach (TBCH) ha nominato Mark Weinswig come Direttore Finanziario, con decorrenza dal 3 febbraio 2025. Weinswig porta con sé oltre 25 anni di esperienza nella leadership finanziaria, avendo ricoperto recentemente il ruolo di CFO in Ouster dopo la sua fusione con Velodyne Lidar, dove ha realizzato significativi risparmi sui costi attraverso strategie di integrazione.

Weinswig, che possiede un MBA presso la Santa Clara University e una laurea in Contabilità presso l'Indiana University, ha precedentemente ricoperto posizioni da CFO in Avinger, EMCORE e Avanex. Sostituisce John Hanson, che passerà a un ruolo di consulente senior per sei mesi prima del ritiro.

Il CEO Cris Keirn ha espresso fiducia nella capacità di Weinswig di migliorare le performance finanziarie ed eseguire iniziative strategiche per aumentare il valore per gli azionisti. Il nuovo CFO ha ottenuto sia la qualifica di CPA che quella di CFA, portando una vasta esperienza finanziaria al fornitore di accessori per videogiochi.

Turtle Beach (TBCH) ha nombrado a Mark Weinswig como Director Financiero, con efecto a partir del 3 de febrero de 2025. Weinswig aporta más de 25 años de experiencia en liderazgo financiero, habiendo ocupado recientemente el cargo de CFO en Ouster tras su fusión con Velodyne Lidar, donde logró ahorros significativos en costos a través de estrategias de integración.

Weinswig, que tiene un MBA de la Universidad de Santa Clara y una licenciatura en Contabilidad de la Universidad de Indiana, ha ocupado anteriormente posiciones de CFO en Avinger, EMCORE y Avanex. Sucede a John Hanson, quien pasará a un rol de asesor senior durante seis meses antes de su jubilación.

El CEO Cris Keirn expresó confianza en la capacidad de Weinswig para impulsar el rendimiento financiero y ejecutar iniciativas estratégicas para aumentar el valor para los accionistas. El nuevo CFO tiene tanto la certificación de CPA como la de CFA, aportando una amplia experiencia financiera al proveedor de accesorios para videojuegos.

터틀 비치 (TBCH)는 2025년 2월 3일부터 마크 웨인스윅을 최고 재무 책임자(CFO)로 임명했습니다. 웨인스윅은 25년 이상의 재무 리더십 경험을 가지고 있으며, 최근에는 벨로다인 라이더와의 합병 후 아우스터에서 CFO로 재직하였습니다. 이때 그는 통합 전략을 통해 상당한 비용 절감을 달성했습니다.

웨인스윅은 산타클라라 대학교에서 MBA를, 인디애나 대학교에서 회계학 학사 학위를 취득하였으며, 이전에 아빙거, EMCORE, 아바넥스에서 CFO직을 맡았습니다. 그는 은퇴하기 전 6개월 동안 수석 고문 역할로 전환할 존 한슨을 대신하게 됩니다.

CEO 크리스 키언은 웨인스윅이 재무 성과를 개선하고 주주 가치를 증대시키기 위한 전략적 이니셔티브를 실행할 수 있다는 자신감을 표명했습니다. 새 CFO는 CPA 및 CFA 자격을 보유하고 있으며, 게임 액세서리 제공업체에 포괄적인 재무 전문성을 제공합니다.

Turtle Beach (TBCH) a nommé Mark Weinswig au poste de Directeur Financier, à compter du 3 février 2025. Weinswig apporte plus de 25 ans d'expérience en leadership financier, ayant récemment été CFO chez Ouster après sa fusion avec Velodyne Lidar, où il a réalisé des économies significatives grâce à des stratégies d'intégration.

Weinswig, qui possède un MBA de l'Université de Santa Clara et un diplôme en comptabilité de l'Université de l'Indiana, a précédemment occupé des postes de CFO chez Avinger, EMCORE et Avanex. Il succède à John Hanson, qui transitionnera vers un rôle de conseiller senior pendant six mois avant sa retraite.

Le PDG Cris Keirn a exprimé sa confiance dans la capacité de Weinswig à améliorer les performances financières et à exécuter des initiatives stratégiques pour accroître la valeur pour les actionnaires. Le nouveau CFO détient à la fois les certifications CPA et CFA, apportant une expertise financière complète au fournisseur d'accessoires de jeux.

Turtle Beach (TBCH) hat Mark Weinswig zum Chief Financial Officer ernannt, der am 3. Februar 2025 seine Tätigkeit aufnehmen wird. Weinswig bringt über 25 Jahre Erfahrung in der finanziellen Führung mit, zuletzt als CFO bei Ouster nach der Fusion mit Velodyne Lidar, wo er durch Integrationsstrategien erhebliche Kosteneinsparungen erreicht hat.

Weinswig hat einen MBA von der Santa Clara University und einen Bachelor in Buchhaltung von der Indiana University. Zuvor hatte er CFO-Positionen bei Avinger, EMCORE und Avanex inne. Er folgt auf John Hanson, der für sechs Monate in eine Rolle als Senior Advisor wechselt, bevor er in den Ruhestand geht.

CEO Cris Keirn äußerte Vertrauen in Weinswigs Fähigkeit, die finanzielle Leistung zu steigern und strategische Initiativen zur Steigerung des Shareholder-Value umzusetzen. Der neue CFO verfügt über sowohl CPA- als auch CFA-Zertifizierungen und bringt umfassende finanzielle Expertise zu dem Anbieter von Gaming-Zubehör mit.

Positive
  • Appointment of experienced CFO with proven track record in cost savings and operational efficiencies
  • Structured 6-month transition period with outgoing CFO ensures operational continuity
  • New CFO brings merger and integration experience from previous roles
Negative
  • None.

WHITE PLAINS, N.Y., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: TBCH), a leading gaming accessories provider, today announced the appointment of Mark Weinswig as Chief Financial Officer effective February 3, 2025.

Mr. Weinswig brings over 25 years of extensive financial leadership experience to Turtle Beach. Most recently, he served as CFO at Ouster following its merger with Velodyne Lidar, where he successfully led the development and implementation of integration strategies, resulting in significant cost savings and operational efficiencies. He’s previously held CFO positions at other companies, including Avinger, EMCORE and Avanex, where he consistently delivered improved financial performance and strategic growth.

“We’re excited to welcome Mark to the Turtle Beach team. His wealth of experience in financial leadership across multiple publicly traded companies makes him an ideal fit for our organization,” said Cris Keirn, CEO, Turtle Beach Corporation. “Mark’s proven track record of driving financial performance and strategic initiatives will be invaluable as we continue executing our growth strategy and enhancing shareholder value. We look forward to his contributions and leadership.”

Mr. Weinswig holds an MBA from Santa Clara University and a BS in Accounting from Indiana University. He has held both Certified Public Accountant and Chartered Financial Analyst designations.

“I’m thrilled to join Turtle Beach as the new Chief Financial Officer. Together, we will continue delivering cutting-edge products, while also maximizing value for our shareholders. I look forward to contributing to Turtle Beach’s exciting future, and building on its legacy of excellence,” said Mr. Weinswig.

Mr. Weinswig succeeds John Hanson, who will move into to a senior advisor role for the next six months to ensure a smooth and effective transition.

“We are deeply grateful to John for his significant contributions to Turtle Beach during his tenure,” added Cris Keirn. “His leadership and dedication over the years has been instrumental in our success, and we’re pleased that he will continue providing his expertise as a senior advisor during this transition period. We wish him all the best in his retirement.”

About Turtle Beach Corporation
Turtle Beach Corporation (the “Company”) (www.turtlebeachcorp.com) is one of the world’s leading gaming accessories providers. The Company’s namesake Turtle Beach brand (www.turtlebeach.com) is known for designing best-selling gaming headsets, top-rated game controllers, award-winning PC gaming peripherals, and groundbreaking gaming simulation accessories. Innovation, first-to-market features, a broad range of products for all types of gamers, and top-rated customer support have made Turtle Beach a fan-favorite brand and the market leader in console gaming audio for over a decade. Turtle Beach Corporation acquired Performance Designed Products (www.pdp.com) in 2024. Turtle Beach’s shares are traded on the Nasdaq Exchange under the symbol: TBCH.

Cautionary Note on Forward-Looking Statements
This press release includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions, or beliefs about future events. Statements containing the words “may”, “could”, “would”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate”, “target”, “goal”, “project”, “intend” and similar expressions, or the negatives thereof, constitute forward-looking statements. Forward-looking statements are only predictions and are not guarantees of performance. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved. Forward-looking statements are based on management’s current beliefs and expectations, as well as assumptions made by, and information currently available to, management.

While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, risks related to logistic and supply chain challenges and costs, the substantial uncertainties inherent in the acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the integration of any businesses we acquire and the integration of such businesses within our internal control over financial reporting and operations, our indebtedness, liquidity, and other factors discussed in our public filings, including the risk factors included in the Company’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and the Company’s other periodic reports filed with the Securities and Exchange Commission. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise.

CONTACTS

Investors:
tbch@icrinc.com
(646) 277-1285

Public Relations & Media:
MacLean Marshall
Sr. Director, Global Communications
Turtle Beach Corporation
(858) 914-5093
maclean.marshall@turtlebeach.com


FAQ

When will Mark Weinswig start as CFO of Turtle Beach (TBCH)?

Mark Weinswig will start as CFO of Turtle Beach on February 3, 2025.

What is Mark Weinswig's previous experience before joining TBCH?

Prior to joining Turtle Beach, Weinswig served as CFO at Ouster post-Velodyne Lidar merger, and held CFO positions at Avinger, EMCORE, and Avanex, with over 25 years of financial leadership experience.

What is the transition plan for TBCH's outgoing CFO John Hanson?

John Hanson will move into a senior advisor role for six months to ensure a smooth transition before his retirement.

What are Mark Weinswig's educational and professional qualifications?

Weinswig holds an MBA from Santa Clara University, a BS in Accounting from Indiana University, and has held both CPA and CFA designations.

Turtle Beach

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