Consumer >> CEO Interviews >> February 27, 2002

Jeffrey Stone – Tweeter Home Entertainment Group (twtr)

JEFFREY STONE is President and Chief Executive Officer of Tweeter Home Entertainment Group. He came to Tweeter with years of specialty retail experience that began in the furniture industry. He started his career at Levitz Furniture in Dedham, Massachusetts, and in 1984 Mr. Stone moved to Scandinavian Design, a Massachusetts-based upscale furniture chain, where he served first as Human Resources Manager and then Vice President of Human Resources and Training. Recruited by Bread & Circus, a highly regarded specialty natural foods supermarket chain, Mr. Stone became their Vice President of Human Resources/Training in 1987, and was charged with developing a professional management group in a company that had become an emerging enterprise. Later that year he became Executive Vice President, responsible for overseeing the business and a key contributor in the health food chain's rapid growth and success. In 1990 Tweeter Home Entertainment Group's Board of Directors was looking for a new President and chose Mr. Stone to fill the position. Mr. Stone took on the role of CEO in January 1999. As President and CEO, he has been instrumental in managing the company's enormous growth over the past 10 years as the chain has grown from 13 stores in three New England states in 1990 to its present day total of 152 stores in 19 states. He has been responsible, with partner Sandy Bloomberg, for the company's strategic direction and overseeing the company's successful operations, which will surpass a half billion dollars in sales in 2001. He received his BA in Business from Upsala College, New Jersey. Mr. Stone serves as President of his church's congregation, sits on the Board of Advisors for two small companies and is active in three local charitable organizations. Profile
TWST: Can we start out with a history and overview of Tweeter?

Mr. Stone: Five years ago we were an $80 million company, and over the

last five years we've opened up a bunch of new stores,