Corporate
October 30, 2006
GPS leader promotes Bartel to lead worldwide sales and European initiatives
Garmin names Dan Bartel Vice President, Worldwide Sales and Managing Director of European operation
OLATHE, Kan./October 30, 2006/PR Newswire — Garmin International, Inc. a unit of Garmin Ltd. (Nasdaq: GRMN), today announced the promotion of company veteran Dan Bartel. The new Vice President, Worldwide Sales will also serve as Managing Director of Garmin (Europe) Ltd., the company’s UK subsidiary. In this role, Bartel will assume day-to-day leadership responsibilities of sales for all consumer market segments of the company to include automotive/PND, outdoor, recreation, marine, fitness and Garmin mobile, plus strengthen the management leadership for European operations. The move is intended to bring consistency to the growth and sales strategies of the world leader in GPS-enabled devices.
“Dan brings enthusiasm, technical expertise and a unique understanding of the needs of dealers and distributors in North America and Europe,” says Dr. Min H. Kao, President and CEO of Garmin International. “I’m confident he will be able to coordinate products, pricing and sales strategies on both sides of the Atlantic that will benefit our distribution channel and, ultimately, our customers.”
Soon after joining Garmin in 1992, Bartel was chosen to lead the Garmin Europe office where he remained for 6 years. He returned to the headquarters facility in Olathe, Kansas, where he has served as Senior Director of Consumer Sales. Bartel is expected to capitalize on his leadership experience in Europe and North America to identify immediate sales opportunities while establishing and fulfilling long-term growth goals.
Bartel will report directly to Garmin President and CEO, Min Kao. Sean Biddlecombe, long-time Garmin Europe executive, will continue to serve as the Garmin Europe General Manager and report to Bartel. In the US, Bartel will maintain his executive responsibilities and lead an expanding sales team.
About Garmin International Inc.
Garmin International Inc.and Garmin (Europe) Ltd. are members of the Garmin Ltd. (Nasdaq: GRMN) group of companies, which designs and manufactures navigation, communication and information devices - most of which are enabled by GPS technology. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin Ltd. or its subsidiaries.
Notice on forward-looking statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. All statements regarding the company’s future product introductions and expected product availability dates are forward-looking statements. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 31, 2005 filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin’s Form 10-K can be downloaded at www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
|
|
