Randy Klein Named President & CEO of Crestron
Founder George Feldstein, a CE Pro Top 10 Leader, steps down as CEO but remains as chairman after 40 years of running iconic home automation company.
George Feldstein, the founder of leading commercial- and home automation firm Crestron Electronics, is retiring as CEO after more than 40 years at the helm. He is still involved in the company as chairman, but is relinquishing the chief executive role to Randy Klein, a 25-year Crestron veteran who had served as EVP marketing for the past several years.
Asked today if Crestron would be hosting a party for the new CEO, Klein responded, “No celebration here. Just business as usual.”
CE Pro will catch up with Klein tomorrow, after he’s done hosting 100 dealers from Latin America.
In a statement issued today, Crestron notes the company will stay true to Feldstein’s “original vision: to be the best at what it does, and to always remain a family company.”
Indeed, Klein is like family to Feldstein, and the founder has appointed his son Dan Feldstein vice chairman and COO. The younger Feldstein has been with the company for 20 years in engineering and operations.
In 2004, CE Pro named George Feldstein one of the Top 10 Most Influential Leaders in the custom installation industry. We reaffirmed his influence nearly 10 years later in 2013, picking him as a Top 20 Leader.
Crestron founder George Feldstein with Randy Klein: like family
Most Influential People of Past 20 Years (2013)
CE Pro’s Original Top 10: George Feldstein, Crestron (2004)
Q&A: Randy Klein, Crestron Electronics (2006)
Crestron’s George Feldstein: Master Bicycle Engineer?
A Tour of Crestron’s New Experience Center (2009)
2019 State of the Industry Special Report - CE Pro Download
The custom electronics industry saw a healthy 8 percent growth rate in 2018, down slightly from the blazing 11 percent growth in 2017 but still admiringly strong. Our 2019 State of the Industry indicates that readers expect to see even more growth in 2019. Get your copy today.
Julie Jacobson, recipient of the 2014 CEA TechHome Leadership Award, is co-founder of EH Publishing, producer of CE Pro, Electronic House, Commercial Integrator, Security Sales and other leading technology publications. She currently spends most of her time writing for CE Pro in the areas of home automation, security, networked A/V and the business of home systems integration. Julie majored in Economics at the University of Michigan, spent a year abroad at Cambridge University, earned an MBA from the University of Texas at Austin, and has never taken a journalism class in her life. She's a washed-up Ultimate Frisbee player currently residing in Carlsbad, Calif. Email Julie at firstname.lastname@example.org
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