Guitar Center Appoints Chairman, Sole CEO
From Bloomberg News
Guitar Center Inc., which sells guitars and amplifiers, said Marty Albertson, president and co-chief executive, would assume the position of chairman and become sole CEO of the company.
Larry Thomas, chairman and co-CEO, will become chairman emeritus, the Westlake Village-based company said.
Shares of Guitar Center rose 67 cents to $44.73 on Nasdaq.
