Dinesh Paliwal

It was 20 years ago today (plus about 25 years) that the Beatles recorded one of the most acclaimed albums in music history, Sgt. Pepper’s Lonely Hearts Club Band, and they did it on Harman recording gear. As a reminder of that heritage, Harman International Industries (HAR) Chief Executive Officer Dinesh Paliwal keeps the Studer tape deck used on Sgt. Pepper’s in his office.

Harman announced Wednesday that Samsung veteran Dr. I.P. Park has joined the company as executive vice president and chief technology officer. Dr. Park will join the company Feb. 1 and report to CEO Dinesh Paliwal.

Harman International Thursday announced that it posted a loss of $317 million in the quarter ended Dec. 31, compared with a $43 million profit the same time the year before.

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