Renkus-Heinz’s company president Roscoe Anthony has decided to resign from his position, effective immediately.
Roscoe Anthony "Roscoe has made positive contributions during his association with Renkus-Heinz, and we all wish him well for his future endeavors,” said Harro Heinz, the company’s founder and CEO.
No replacement for Mr. Anthony is currently under consideration. Harro Heinz will return to serve as president and CEO.
"Renkus-Heinz has superior assets across many key fronts and yet the brand has not fully leveraged these strengths to its own competitive advantage,” continued Heinz. "During the last 12 months we have identified several important product initiatives that precisely align with our business strategy and I am fully committed to accelerating the investments required in order to successfully bring them to market."
The company's footprint in steerable sound continues to produce the source of capital for these new investments, most of which are targeted at both R&D and brand development, according to the company. The results will ultimately allow Renkus-Heinz to achieve greater business performance from entry into a broader array of product segments than ever before.
Product development will focus on generating what senior vice president Ralph Heinz called “our return to the extraordinary,” a strategy designed to generate market share improvements like those realized by the company's Iconyx Steerable Sound product lines.
Customers are expected to see evidence of the new programs in the field during 2016, with plans underway to pursue additional opportunities for expansion over the subsequent 24 months, according to the company.