PMC has appointed Tim Ireland to the position of CEO, overseeing all day-to-day operations of the company as it expands its product portfolio, UK distribution business and global distribution network. Peter Thomas now takes up the role of chairman.
Ireland joins PMC after seven years as CEO of Meridian Audio and previously head of product development at Bowers and Wilkins. His appointment comes at a time of sustained growth for the privately owned business, that has seen its turnover increase significantly over the past five years and export markets grow to 55 countries.
In his new role, Ireland will be responsible for the manufacturing and operations departments, sales and marketing, personnel and finance functions, plus the company’s US office in California. He will also be tasked with managing the growth of PMC through continued improvements in products, quality and the speed and levels of service offered to customers, while at the same time maintaining the PMC family relationship with its staff and customers.
Making the appointment, Thomas commented: “The fantastic growth of PMC now requires it to have a dedicated CEO who can be focused entirely on the running of the global business. The board and I are extremely pleased to have appointed someone of Tim’s experience and knowledge. His proven management skills and business vision make him the perfect choice to lead our very strong management team that works to uphold the high standards that Adrian Loader and I set up 27 years ago.
“With Tim in charge, I can now concentrate on supporting the board as chairman, as we look to expand our manufacturing facilities. I shall continue to work with my son, Oliver Thomas, who heads up the research and development into new technologies and products. I can also, finally, curate the PMC museum of landmark hi-fi products, of which we have a vast number, and I can take some time to listen to the ever-growing stack of 78s, 33s, 45s, CDs and files!”
Ireland added: “I have long admired the business that Peter and Adrian started and have watched the incredible rise in its profile, products and sales over the past few years. When Peter and the board invited me to apply for the position of CEO there was no hesitation on my part. “What is immediately obvious to me is the dedication of all the staff and invaluable contribution they all make to the company. This family feel, that extends beyond the four walls to our dealers and distributors, is the true essence of the company and one that sets it apart from most other businesses. It’s a very exciting move for me to join such a team and I am relishing the opportunity to help drive the next stage of PMC’s continuing rise.”