Gibson Announces New Leaders and Exit from Bankruptcy

Nashville-based guitar company Gibson Brands last week announced a change in leadership as the company emerges from bankruptcy protection, NPR reports. James “JC” Curleigh has been named president and CEO; he will be leaving his role as president of Levi Strauss & Co to take the position with Gibson. Earlier this month, the company’s reorganization plan was approved by the Bankruptcy Court for the District of Delaware, which allowed it to exit bankruptcy and remain in business. Under the approved plan, Gibson will continue to manufacture Gibson and Epiphone guitars and maintain its professional audio business; however, it will discontinue its efforts to expand into home entertainment and headphone categories. The new leadership team will start work on Thursday.

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