Sharp Electronics names new CEO, president of SIICA

Montvale-based Sharp Electronics Corp. announced Thursday that Mike Marusic has been named CEO and president, Sharp Imaging and Information Company of America, effective June 4.

Marusic will replace Doug Albregts who has resigned from Sharp to pursue a new opportunity. Albregts will remain in his role until June 1 to ensure a smooth transition.

“I’m very excited to take on this new position within the SIICA organization,” Marusic said. “As Sharp continues to be recognized globally for its products and innovations, I look forward to working with all of our business units to enhance the brand in the market while developing sales and executing growth within the electronics industry.”

Marusic will report directly to Ted Kawamura, chairman of SEC. He will be responsible for directing strategic growth and profitability of Sharp’s Business to Business operations.

“I want to thank Doug for his service to Sharp over the past many years,” Kawamura said. “Under Doug’s leadership, along with Mike, they led Sharp in challenging financial times and significantly grew revenue and operating income for many consecutive periods. With their efforts, Sharp’s business is poised for even greater success in the future.  We wish Doug well in his new endeavors.”

Marusic joined Sharp in 2002 as an associate vice president of marketing for SIICA. He’s held a variety of executive roles since, including chief operating officer of SEC.

“Mike has greatly contributed to SIICA’s many accomplishments over the past several years,” Kawamura said. “I am very confident that with his strong leadership and ‘make things happen’ management style he will drive SIICA to the next stage of growth and success.”