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  #1  
Old 10-23-2018, 11:20 AM
J185-4Me J185-4Me is offline
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Default New Management at Gibson

Well, the announcement has finally come down about new management at Gibson.

https://markets.businessinsider.com/...eam-1027645290

New CEO hails from Canada (not that that matters, per se)!

I guess we'll have to see how these folks do; those who care about 'The Gibson' will be watching closely!

Fred ("make mine sunburst")
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Old 10-23-2018, 11:33 AM
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Gueikian, "a life-long guitarist and avid Gibson collector," sounds promising:

"As a business person, a musician and lifelong fan of the craftsmanship and quality of Gibson guitars, I am thrilled to help shape the future of a company whose instruments have influenced my life and the sound of music globally. I am committed to collaborating closely with all of Gibson's stakeholders, including our artists, dealers, our employees and our customers to expand on Gibson's leadership. I share their passion for Gibson's iconic instruments and I am confident that together we will create a successful future that is worthy of the company's incredible heritage."

I wish him success.
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Old 10-23-2018, 11:35 AM
Rogerblair Rogerblair is offline
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Yep, a couple guitar players in the mix. I wish only the best for Gibson.

Rb
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Old 10-23-2018, 11:38 AM
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Yep...at least he’s saying the right things and shares our passion for guitars.

“He notes that Gibson will emerge on November 1st with an “entirely clean balance sheet” and the ability to start afresh, regrouping around its tried-and-true business of musical instrument-making.”

Would have been nice if he’d of put some acoustics in his PR pic, though...

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Old 10-23-2018, 11:45 AM
lowrider lowrider is offline
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Here's the article from Rolling Stone;

https://www.rollingstone.com/music/m...ew-ceo-745785/

In it, they say that he is a player and his latest acquisition is a 60's j-45. Sounds good so far!
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Old 10-23-2018, 11:50 AM
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Excellent, and currently global president of Levis!

I wish them all the luck, be nice to be proud of Gibson again.
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Old 10-23-2018, 12:11 PM
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I wish them well...
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Old 10-23-2018, 12:50 PM
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The new C Level staff sound very promising. Well done Gibson! Wish you luck.
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Old 10-23-2018, 12:50 PM
Wade Hampton Wade Hampton is online now
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So, Fred, how will this affect the production management team at the Gibson Montana acoustic guitar factory in Bozeman? I presume that Don Ruffato and his colleagues in Montana will keep doing what they do, but whenever there’s a house cleaning at the top, there are always changes further down the chain of command: the new broom sweeps clean, and all that.

Have you heard anything about that yet, or is it still too soon to tell?

Having witnessed former CEO Henry Juskiewicz’s sometimes borderline pathological behavior over the years, now that he’s gone I have this image of his former underlings bursting into song and singing “Ding, Dong, The Witch Is Dead!” and holding a spontaneous celebration, just like the Munchkins in “The Wizard Of Oz.”



Gibson Employees React To Henry The J’s Departure



Henry Juskiewicz Leaves The Premises


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Last edited by Wade Hampton; 10-23-2018 at 01:00 PM.
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Old 10-23-2018, 01:21 PM
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Folks, KKR is running things. I can assure you that no one at KKR is thinking long term. Their business model is to flip the company in three to four years. This means maximizing profitability in any way possible. Cutting costs is #1 on the list.

What you read is a PR release designed to give Gibson fans hope. Yesterday the guy was wearing Levis, today a hip jacket designed to say "I'm one of you guys."

The only way Gibson fans win is if making great guitars and selling them at a reasonable price makes KKR more money. I'm guessing building parts off shore then assembling them in Nashville to maximize profit is a more likely scenario.
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Old 10-23-2018, 01:29 PM
Silly Moustache Silly Moustache is offline
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Well, I hope for the best for the brand, but I remain cynical.
I await further news with interest.

I'm a Wrangler man myself ...well was - now I'm a sainsbury's wearer!
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Old 10-23-2018, 02:11 PM
Wade Hampton Wade Hampton is online now
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You’re almost certainly correct on every count, I’m sad to say. Still, one can hope...


whm

Quote:
Originally Posted by Br1ck View Post
Folks, KKR is running things. I can assure you that no one at KKR is thinking long term. Their business model is to flip the company in three to four years. This means maximizing profitability in any way possible. Cutting costs is #1 on the list.

What you read is a PR release designed to give Gibson fans hope. Yesterday the guy was wearing Levis, today a hip jacket designed to say "I'm one of you guys."

The only way Gibson fans win is if making great guitars and selling them at a reasonable price makes KKR more money. I'm guessing building parts off shore then assembling them in Nashville to maximize profit is a more likely scenario.
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Old 10-23-2018, 02:18 PM
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Quote:
Originally Posted by Br1ck View Post
Folks, KKR is running things. I can assure you that no one at KKR is thinking long term. Their business model is to flip the company in three to four years. This means maximizing profitability in any way possible. Cutting costs is #1 on the list.

I'm guessing building parts off shore then assembling them in Nashville to maximize profit is a more likely scenario.

God forbid they should be given a chance.
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  #14  
Old 10-23-2018, 02:26 PM
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Charmed Life Picks Charmed Life Picks is offline
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Thanks for sharing. A venerable brand. Hope they get it right. A lot of people are thrilled Henry is gone.

scott memmer
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  #15  
Old 10-23-2018, 03:23 PM
rockabilly69 rockabilly69 is offline
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Quote:
Originally Posted by Willie Voltaire View Post
God forbid they should be given a chance.
+1 I was just about to post something very similar!
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