Code-Alarm, Inc. Appoints New President and Chief Operating Officer
6 January 2000
Code-Alarm, Inc. Appoints New President and Chief Operating OfficerMADISON HEIGHTS, Mich., Jan. 6 -- Code-Alarm, Inc. (OTC Bulletin Board: CODL) announced that its board of directors has promoted Peter J. Stouffer to serve as president and chief operating officer of the Madison Heights, Mich.-based maker of car security and remote-keyless entry products. Stouffer, who previously served as vice president of manufacturing and engineering, will assume responsibility for the day-to-day operations of Code- Alarm. His promotion will allow Company founder Rand W. Mueller, who retains the titles of chairman and chief executive officer, to focus his efforts on long-range planning and promoting Code-Alarm to Tier 1 and Tier 2 automotive companies. "Peter has been a tremendous asset to Code-Alarm since joining the company in 1986," said Mueller, who relinquished the title of president. "He has taken on positions of increasing responsibility during this time and exceeded our expectations with each new set of challenges. I have every confidence he will succeed in his new role as president and chief operating officer and help Code-Alarm accelerate its growth." Stouffer, 36, left an engineering position with General Motors Corp. in 1986 to join Code-Alarm as a manager of engineering. He was promoted to vice president of engineering in May 1989 and then to executive vice president and general manager of the Company's Intercept Systems, Inc. the following year. Code-Alarm named Stouffer to the post of vice president for engineering in January 1993. Two years later, Stouffer was appointed to Code-Alarm's board of directors and given additional responsibility for global manufacturing. "I look forward to working closely with the management team and with our customers to help Code-Alarm achieve its potential," Stouffer said. "We have a great base to build on, including a solid product line, exceptional quality and a group of employees, dealers and suppliers who are committed to success. One of my main areas of focus over the coming months will be working closely with our dealers in order to understand and respond to their needs with the support, training and products that can help them maximize their opportunities." Code-Alarm manufactures vehicle security, remote keyless-entry and car-start products for the world's top automakers, including General Motors, Ford, DaimlerChrysler, Mitsubishi, Subaru, Honda, Kia, Toyota and Volkswagen. The Company also sells its products in 35 countries around the globe under the Code-Alarm(TM) and Chapman(TM) brand names.