HARMAN Appoints Mohit Parasher President of Professional Solutions Division
May 12 2016 - 8:00AM
Business Wire
HARMAN International Industries, Incorporated (NYSE:HAR), the
premier connected technologies company for automotive, consumer and
enterprise markets, today named Mohit Parasher, 47, as Executive
Vice President and President, Professional Solutions, effective
immediately. Parasher was previously Vice President and General
Manager for HARMAN’s Consumer Audio and Professional Solutions
businesses in Asia Pacific. He joins the HARMAN Executive Committee
and reports to Dinesh C. Paliwal, Chairman, President and Chief
Executive Officer of HARMAN.
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Parasher succeeds Blake Augsburger, who will remain with HARMAN
for a short transition period and plans to retire from the field of
professional audio to pursue other business interests.
“Mohit has consistently demonstrated outstanding leadership and
success in general management, sales, marketing and channel
management, achieving rapid growth for HARMAN’s audio brands and
Professional Solutions in Asia Pacific,” said Paliwal. “In addition
to his impressive record at HARMAN, Mohit has more than 20 years of
global experience growing audio, video and systems businesses
throughout Asia, the Middle East, Africa and Europe. A proven
transformation architect in the retail and business-to-business
segments, Mohit has the ideal background to evolve our Professional
Solutions division to a holistic solutions-based organization and
capitalize on the tremendous growth opportunities before us.”
Parasher is responsible for all worldwide operations, strategy
and performance of the Professional Solutions division, the world’s
largest professional audio, lighting, video and control products
and systems organization. The division serves the entertainment and
enterprise markets with comprehensive systems, including enterprise
automation and complete IT solutions for a broad range of
applications. He will be based at the headquarters for Professional
Solutions in Northridge, Calif.
“Blake has been extremely influential in the evolution of
HARMAN’s Professional portfolio, most recently leading the
extension of our capabilities beyond audio and into lighting and
enterprise solutions,” continued Paliwal. “We are grateful for his
many contributions to the success of the company and wish him well
in his future endeavors.”
Parasher joined HARMAN in May 2014 as Vice President and General
Manager, Consumer Audio for Asia Pacific. Prior to HARMAN, he was
CEO of Retail at Bharti Airtel, where he conceptualized and
successfully executed the company’s “serve to sell” business
philosophy across its 1,200 retail stores. He also served as CEO
and Executive Director for Beetel Teletech, a Bharti enterprise,
where he turned the company profitable in his first three quarters
on the job. Parasher enjoyed a long career with Sony where he
managed market development across the world, including in the UK,
Poland, India, Lebanon, Morocco and United Arab Emirates. In
addition, Parasher served on the Supervisory Board of Sony Germany
and the Board of Sony Europe. He earned a Master of Business
Administration from the University of Pune and a Bachelor of
Science from the University of Allahabad. He also received an
executive management education from the UCLA Anderson School of
Management.
ABOUT HARMANHARMAN (harman.com) designs and engineers
connected products and solutions for automakers, consumers, and
enterprises worldwide, including connected car systems, audio and
visual products, enterprise automation solutions; and connected
services. With leading brands including AKG®, Harman Kardon®,
Infinity®, JBL®, Lexicon®, Mark Levinson® and Revel®, HARMAN is
admired by audiophiles, musicians and the entertainment venues
where they perform around the world. More than 25 million
automobiles on the road today are equipped with HARMAN audio and
connected car systems. The Company’s software services power
billions of mobile devices and systems that are connected,
integrated and secure across all platforms, from work and home to
car and mobile. HARMAN has a workforce of approximately 29,000
people across the Americas, Europe, and Asia and reported sales of
$6.7 billion during the 12 months ended March 31, 2016. The
Company’s shares are traded on the New York Stock Exchange under
the symbol NYSE:HAR.
HAR-C
© 2016 HARMAN International Industries, Incorporated. All rights
reserved. Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson
are trademarks of HARMAN International Industries, Incorporated,
registered in the United States and/or other countries. AKG is a
trademark of AKG Acoustics GmbH, registered in the United States
and/or other countries. Features, specifications and appearance are
subject to change without notice.
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HARMAN International IndustriesDarrin Shewchuk, +1
203-328-3500Senior Director, Corporate
Communicationsdarrin.shewchuk@harman.com
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