SRS Labs Promotes Maria Oppegard to Chief Accounting Officer
November 04 2011 - 8:00AM
Business Wire
SRS Labs (NASDAQ:SRSL), the industry leader in surround
sound, audio enhancement, and voice post-processing technologies,
announced today that Maria Oppegard, the company’s Corporate
Controller, has been promoted to the position of Chief Accounting
Officer. Maria has more than 13 years experience in accounting for
public companies and has been with SRS Labs since 2005.
“Throughout the years, Maria has continually proven herself as a
valuable asset to SRS and because of her dedication, knowledge and
financial acumen, it is with great pleasure to present Maria with
this much deserved promotion,” said Chuck McBride, Chief Financial
Officer, SRS Labs. “I look forward to working closely with her in
her new capacity.”
Over the past six years, Ms. Oppegard has served as the
company’s Corporate Controller and as its acting principal
financial officer since August 2011 until Mr. McBride’s appointment
as the company’s Chief Financial Officer. During her tenure, Ms.
Oppegard has been instrumental in establishing a royalty compliance
program, which has resulted in the identification and recovery of
millions of dollars of underreported royalties and securing new,
long-term, multi-million dollar license agreements with key
customers. Ms. Oppegard has also played a significant role in the
company’s global expansion, by assisting with the formation of the
company’s wholly-owned subsidiaries in Shenzhen and Shanghai, China
and in Tokyo, Japan and managing their on-going financial
operations. During her tenure, Ms. Oppegard also led the successful
implementation of the Company’s internal controls over financial
reporting. Prior to working for SRS Labs, Ms. Oppegard spent six
years at KPMG LLP, where she was an Audit Manager, providing audit
services primarily for public companies in the technology,
telecommunications and software industries.
“Since joining the company six years ago, I have seen SRS grow
steadily to more than double its size in both revenues and
worldwide personnel,” said Maria Oppegard, Chief Accounting
Officer, SRS Labs. “I look forward to my new responsibilities as
the company’s Chief Accounting Officer and I am excited to be
working directly with our new CFO, Chuck McBride, to further
strengthen and help grow the company.”
Ms. Oppegard earned her bachelor’s degree in business
administration from University of North Carolina at Chapel Hill and
her master’s degree in accountancy from Wake Forest University.
Additionally, Ms. Oppegard is a Certified Public Accountant and a
member of the American Institute of CPAs, California Society of
CPAs and Financial Executives International and serves on the board
of directors for 3D Audio Alliance, a non-profit organization.
For more information about this announcement, SRS or our
technologies, please contact us at pr@srslabs.com or visit
us on Facebook, Twitter and YouTube.
SRS Labs’ company description and important cautions regarding
forward-looking statements made in this release is available at
www.srslabs.com/boilerplate.
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