AudioSource Appoints Lawrence R. Davis III as CFO - ResidentialSystems.com

AudioSource Appoints Lawrence R. Davis III as CFO

AudioSource, the lifestyle audio company that delivers advanced technology products at affordable prices, today announced that its senior management team has grown by two.
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AudioSource, the lifestyle audio company that delivers advanced technology products at affordable prices, today announced that its senior management team has grown by two.

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Lawrence R. Davis III.

Audio industry veteran Lawrence R. Davis III now serves as the company’s vice president, sales and marketing, while finance and business development specialist John A. Scadden is the new CFO. The announcement was made by AudioSource President and CEO, Tom O’Mara.

“As we prepare for a string of product releases and overall retail expansion, AudioSource is ready with two of the top professionals in their respective fields,” commented O’Mara. “I’ve known Lawrence for years – he’s one of the sharpest and most well-respected professionals in audio. We’re lucky to have them on board.”

Lawrence R. Davis III brings over 30 years of front-line experience in the consumer audio market to his new role at AudioSource. Prior to his current position, Davis held the same title at Atlantic Technology, where he oversaw a period of significant growth for the brand. Earlier positions included stints with such venerated consumer electronics companies as Monster Cable, Artison, and Bang & Olufsen America. Davis divides his time between AudioSource headquarters in Portland, OR and his home in Ft. Lauderdale, FL.

“The audio market is constantly evolving, but the past five years have seen a seismic shift in the way consumers enjoy audio on a daily basis,” said Davis. “AudioSource is in a unique position to stay in lock-step with the market thanks to a long history of developing successful products for listeners of every stripe, from hardcore enthusiasts to music fans and anybody who simply want to fill a room or just their immediate space with full-range audio.”

Also new to the company is John A. Scadden, who was appointed to the position of CFO. Scadden boasts a long and successful career supporting startups and turnarounds, international expansions and facilitating mergers and acquisitions. Scadden is based in the company’s Portland, OR headquarters.

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