Thursday, September 29, 2011

Stevens to retire from Steinway & Sons.

Stevens to retire from Steinway & Sons. Bruce Bruce,Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Stevens, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Steinway & Sons, willretire from his position by the end of this year. Stevens has worked at Steinway & Sons for 22 years. During thattime, the company revitalized re��vi��tal��ize?tr.v. re��vi��tal��ized, re��vi��tal��iz��ing, re��vi��tal��iz��esTo impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. its distribution network, improved productquality and introduced exclusive dealer territories. The company alsolaunched several new Steinway piano categories, including the CrownJewel Crown jewelA particularly profitable or otherwise particularly valuable corporate unit or asset of a firm. Often used in risk arbitrage. The most desirable entities within a diversified corporation as measured by asset value, earning power, and business prospects; in takeover Collection, Limited Editions, Art Case pianos and the LegendaryCollection. In the two decades of Stevens's tenure, Steinway &Sons's piano sales have more than tripled, from $60 million to over$200 million in 2006. Under Stevens's leadership, Steinway & Sons expanded itsoperations into Japan and China. The company also designed two new pianolines under the Boston and Essex brand names, creating the Family ofSteinway-designed Pianos business model. In addition, Stevens and histeam developed a program to generate a growing number of sales toschools of music and other institutions. There are now 72 All-SteinwaySchools worldwide. Steinway has retained Spencer Stuart, one of the world'sleading executive search consulting firms Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a feeconsulting companybusiness firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , to assist with its search forStevens's successor. For more information, visit www.steinway.com.

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