Founder to Retire as Chairman of Harman InternationalAuthored by Mark Hefflinger on May 29, 2008 - 11:21am.
Washington - Harman International Industries, a maker of audio and infotainment products sold under numerous brand names, said on Thursday that company founder Sidney Harman will retire as chairman. The Washington, D.C.-based company, which in January announced plans to relocate to Connecticut by year's end, said that Dinesh Paliwal, its president and CEO, will assume the additional role of chairman beginning July 1. Paliwal has been vice chairman for nearly a year. Harman, 89, co-founded the business that bears his name in 1953.
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