Michael Troetti

Editor in chief of Dealerscope

Coby Electronics’ restructuring - including the layoffs of 42 employees or 35 percent of its U.S. staff – followed a “tough” first quarter that saw a sharp decrease in the sale of “legacy” products, such as DVD players and radios, Michael Troetti, company president, told Dealerscope.  

 “We stayed in legacy categories that other companies would give up (such as DVD players, radios and radio/cassette players),” he said. “And those categories lose their momentum as you have convergence with tablets and smartphones that offer alternatives for video, audio and camcorders.”

Coby Electronics said Monday that it has named Jodi Sally, formerly of Toshiba, its new vice president of marketing. Sally will report to Coby President Michael Troetti.

Coby Electronics has named Michael Troetti, formerly of Sharp, as its new president, Troetti confirmed to Dealerscope at CEA Line Shows Wednesday.

In a world introduction, Sharp Tuesday night took the wraps off a line of AQUOS LED-powered LCD TVs that Michael Troetti, president of Sharp Electronics Marketing Co. of America, said “brings LED technology to the mainstream.”

Industry People on the Move In response to recent growth, Lenmar Enterprises announced changes in executive management. Former president Marty Goldberg takes on CEO responsibilities; Kathleen Morgan, previously vice president, will act as president. Samsung's Digital Information Technology Division (DITD) has created two new posts: Sean Stead was appointed marketing product manager for storage, while Alan Brawn became manager for pro A/V marketing. Michael Troetti was named president of the Panasonic Enterprise Sales Group. Troetti most recently served as president of the company's Home and Commercial Company. CSI/SPECO hired Matt Charles as its new audio products manager. Charles has held positions with Pro

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