Guitar Center today announced that Mike Pratt has been appointed Chief Executive Officer and a member of the Company’s Board of Directors effective April 1, 2013. Pratt succeeds Marty Hanaka, the Company’s Interim Chief Executive Officer, who will remain on the Board and assist in the transition.
Since 2008, Pratt has served as President and Chief Operating Officer of leading Canadian consumer electronics retailers Best Buy Canada and Future Shop. He began his career more than 20 years ago with Future Shop, which was acquired by Best Buy Canada in 2001. During Pratt’s tenure, Best Buy Canada grew from 165 to 275 stores and greatly expanded its e-commerce activities and web presence.