Pacor Leaves D&M
After just two months as CEO of D&M Holdings, Vic Pacor will be leaving the company. His replacement is Yvonne Hao, who served on the company’s board of directors and as general manager at distributor ADI.
“Vic made a decision that after five years of building a foundatioin at D&M to move onto the next chapter,” said Bob Weissburg, president of D&M sales and marketing for the Americas.
Weissburg said he did not know if Pacor has a new job. Pacor was not available for comment.
Pacor joined D&M Holdings in 2004 as president and COO, after 13 years in senior executive positions at Sony, where he served as senior vice president and chief marketing officer of Sony's North American subsidiary for consumer, broadcast and professional electronics products. Prior to joining Sony, Pacor was senior vice president of audio divisions of JVC.
Weissburg said Pacor had played a key role in bringing the separate divisions of D&M under one umbrella.
“Under Vic’s guidance and management, we were able to develop a strategy to enable all brands to thrive, and through common infrastructure and shared costs to allow them to thrive, even if they were not the highest volume brands,” Weissburg said.
Bain Capital bought D&M Holdings – which includes the Denon, Marantz, Boston Acoustics, Escient, MacIntosh and Snell brands – last summer for about $442 million.
Pacor’s departure will not impact D&M Holdings' dealings with its retail base, Weissburg said, adding that he doesn’t expect any more immediate executive departures from the company. Weissburg also said that his role is not changing.
Hao joined Bain Capital after working at ADI, where she became familiar with the CE channel, Weissburg said.
“She has global experience and excellent managerial skills and a strong financial background,” he said. “ADI focused on security and AV products so she understand the CE industry and its channels of distribution.”