Guitar Center Appoints Chairman, Sole CEO
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From Bloomberg News
Guitar Center Inc., which sells guitars and amplifiers, said Marty Albertson, president and co-chief executive, would assume the position of chairman and become sole CEO of the company.
Larry Thomas, chairman and co-CEO, will become chairman emeritus, the Westlake Village-based company said.
Shares of Guitar Center rose 67 cents to $44.73 on Nasdaq.
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