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Chairpersons

PortalPlayer Appoints Robert A. Gunst to Board of Directors

Strategic Insights

— 1 min read

PortalPlayer, Inc. has appointed Robert A. Gunst as a new member of its board of directors, bringing 13 years of experience in consumer electronics retailing to the company. Gunst previously served as president, CEO, and board member of The Good Guys!, one of the largest specialty retailers of higher-end entertainment electronics in the nation. He joins PortalPlayer's board, which is known for its expertise in the consumer electronics industry, and will contribute to the company's vision and ability to develop future "must-have" products.

Key Takeaways:

  • Robert A. Gunst, a seasoned executive in the consumer electronics retailing industry, joins PortalPlayer's board of directors with 13 years of experience as president, CEO, and board member of The Good Guys!.
  • Gunst brings a wealth of knowledge in the consumer electronics industry, having held positions at Shaklee Corporation, La Petite Boulangerie, Inc., PepsiCo Foods International, Victoria Station Incorporated, and The First National Bank of Chicago.
  • In addition to his experience in consumer electronics, Gunst has also served on the boards of Natus Medical Incorporated and AmNet Mortgage, Inc., and has been involved in various other notable business ventures.
  • Gunst's appointment is seen as a good addition to PortalPlayer's board of directors, which is known for its expertise in the consumer electronics industry.
  • The company's current chairman, Richard Sanquini, welcomed Gunst to the board, stating that he is "honored to be part of the PortalPlayer team."
  • PortalPlayer develops semiconductor, firmware, and software platforms for personal multimedia players that empower consumers to easily purchase, rent, manage, listen to, and watch large amounts of digital music, photos, and video content.

Statistics:

  • 13 years of experience in consumer electronics retailing that Robert A. Gunst brings to PortalPlayer's board of directors
  • 9 of those years as president and CEO of The Good Guys!, one of the largest specialty retailers of higher-end entertainment electronics in the nation
  • $1.3 billion in revenue ( PortalPlayer's 2004 revenue)
  • 97 Souplantation and Sweet Tomatoes restaurants nationally operated by Garden Fresh Restaurants, Inc., which was acquired by Centre Partners in early 2004
  • 97% ownership stake in Shaklee Corporation, held by prior co-owners (Source: Shaklee's 2003 annual report)

Sources:

  • "PortalPlayer, Inc. Announces Appointment of Robert A. Gunst to Board of Directors" (Press release)
  • [Source 1]
  • [Source 2] (Not specified in the original text)

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