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Tweeter CEO Steps Down

3/16/2005

Canton, Mass., Tweeter Home Entertainment announced that its CEO and president, Jeffrey Stone, is leaving the company to become president and COO of Tivoli Audio, the consumer-electronics manufacturer in which Tweeter owns a 25% stake.

Tweeter CFO Joe McGuire will serve as interim CEO, effective immediately. Stone will remain with Tweeter through April 26 to assist in a smooth management transaction. He will continue to serve on Tweeter’s board following the departure.

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