WHITE PLAINS, N.Y.,
April 19, 2021 /PRNewswire/
-- Leading gaming accessory maker Turtle Beach (Nasdaq: HEAR),
today announced the appointment of Yie-Hsin
Hung as the newest member of the Company's Board of
Directors, effective April 19, 2021.
Ms. Hung will also be a member of the Company's Nominating and
Governance Committee and Compensation Committee.
Yie-Hsin Hung currently serves as
the Chief Executive Officer of New York Life Investment Management –
a global asset manager with more than $400
billion of assets under management – a role she has held
since 2015. Ms. Hung has been with New York Life Investment
Management since 2010. Prior to her role as CEO, she held various
leadership roles in the company, including Co-President, Head of
Institutional Investments, and Head of Alternative Investments.
Before joining New York Life Investment Management, she worked at a
number of investment firms, including Bridgewater Associates and
Morgan Stanley. Ms. Hung has over 30 years of capital markets,
M&A, and investment management experience. She has a B.S. in
mechanical engineering from Northwestern
University and an MBA from Harvard
Business School.
"We have been looking to add to our capital markets expertise
for quite some time now and we are very pleased to announce the
addition of our newest board member, Ms. Yie-Hsin Hung, who brings over three decades of
significant capital markets, M&A, capital allocation, and
executive leadership to Turtle Beach," said Juergen Stark, Chairman of the Board and CEO,
Turtle Beach Corporation. "Yie-Hsin's investor perspective,
cross-functional expertise and leadership will be invaluable as we
continue to implement our strategic growth initiatives, and we're
thrilled to welcome her to our team."
Added Ms. Hung, "I've enjoyed getting to know all the directors
and am delighted to be joining the excellent board at Turtle Beach,
particularly at this exciting time as the Company continues
expanding into new categories and geographies with a balance sheet
that creates significant strategic flexibility."
Throughout her career, Ms. Hung has been recognized by numerous
organizations for her leadership and impact on the financial
services industry. Her awards and accolades include being named in
Barrons' 2020 100 Most Influential Women in U.S. Finance for the
second consecutive year, being named one of the 25 Most Powerful
Women in Finance by American Banker each year from 2017-2020, and
being the recipient of the 2018 North American Industry Leadership
Award from 100 Women in Finance. Additionally, Ms. Hung has been
recognized for her achievements in executive leadership by top
organizations. In 2019, she received the Inspirational Leader Award
from Ascend – Pan Asian Leaders and was also awarded 2019's Person
of the Year by the Markets Choice Awards. Ms. Hung has also
received a Distinguished Alumni Medal from Northwestern University in 2019 and was named a Top
25 Inspiring Leader by Apex for Youth in 2017.
For the latest information on Turtle Beach products,
accessories, and stories, visit the Turtle Beach website at
www.turtlebeach.com and the Turtle Beach Blog at
https://blog.turtlebeach.com. Fans can also follow Turtle Beach on
Facebook, Twitter, and Instagram.
About Turtle Beach Corporation
Turtle Beach
Corporation (https://corp.turtlebeach.com) is one of the world's
leading gaming accessory providers. The Turtle Beach brand
(www.turtlebeach.com) is known for pioneering first-to-market
features and patented innovations in high-quality, comfort-driven
headsets for all levels of gamer, making it a fan-favorite brand
and the market leader in console gaming audio for the last decade.
Turtle Beach's ROCCAT brand (www.roccat.org) combines detail-loving
German innovation with a genuine passion for designing the best PC
gaming products. Under the ROCCAT brand, Turtle Beach creates
award-winning keyboards, mice, headsets, mousepads, and other PC
accessories. Turtle Beach's Neat Microphones brand
(www.neatmic.com) creates high-quality USB and analog microphones
for gamers, streamers, and professionals that embrace cutting-edge
technology and design. Turtle Beach's shares are traded on the
Nasdaq Exchange under the symbol: HEAR.
Cautionary Note on Forward-Looking Statements
This press release includes forward-looking information and
statements within the meaning of the federal securities laws.
Except for historical information contained in this release,
statements in this release may constitute forward-looking
statements regarding assumptions, projections, expectations,
targets, intentions or beliefs about future events. Statements
containing the words "may", "could", "would", "should", "believe",
"expect", "anticipate", "plan", "estimate", "target", "goal",
"project", "intend" and similar expressions, or the negatives
thereof, constitute forward-looking statements. Forward-looking
statements involve known and unknown risks and uncertainties, which
could cause actual results to differ materially from those
contained in any forward-looking statement. Forward-looking
statements are based on management's current belief and
expectations, as well as assumptions made by, and information
currently available to, management.
While the Company believes that its expectations are based upon
reasonable assumptions, there can be no assurances that its goals
and strategy will be realized. Numerous factors, including risks
and uncertainties, may affect actual results and may cause results
to differ materially from those expressed in forward-looking
statements made by the Company or on its behalf. Some of these
factors include, but are not limited to, risks related to capital
markets activities, the substantial uncertainties inherent in the
acceptance of existing and future products, the difficulty of
commercializing and protecting new technology, the impact of
competitive products and pricing, general business and economic
conditions, risks associated with the expansion of our business
including acquisitions, the integration of any businesses we
acquire and the integration of such businesses within our internal
control over financial reporting and operations, our indebtedness,
the Company's liquidity, and other factors discussed in our public
filings, including the risk factors included in the Company's
most recent Annual Report on Form 10-K, Quarterly Report
on Form 10-Q, and the Company's other periodic reports. Except
as required by applicable law, including the securities laws of
the United States and the rules
and regulations of the Securities and Exchange Commission, the
Company is under no obligation to publicly update or revise any
forward-looking statement after the date of this release whether as
a result of new information, future developments or otherwise.
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SOURCE Turtle Beach Corporation