Lasko Holdings Names Terry Carlson CEO

6/27/17

Terry Carlson

Lasko Holdings (Lasko), parent of Lasko Products and Air King America, named Terry Carlson CEO, effective June 5th. He succeeds Jerry W. Levin, interim CEO since the November acquisition of the company by Comvest Partners and JW Levin Management Partners. Mr. Levin will remain chairman of the board of directors. "Terry fully recognizes the importance of our domestic manufacturing facilities in providing service to our retailers," said Levin. "I am confident he is the right leader for our team and business."

"I am honored to be joining Lasko which has a great tradition of serving its customers, as well as being a clear market leader," said Mr. Carlson. "Companies are defined by their people and products and without a doubt Lasko has both great people and products as demonstrated by their long term track record of building quality products."

Mr. Carlson has a long history of accomplishment in the consumer durables market, attending housewares and hardware shows since 1984. He has been with market leading companies his entire career, including Black & Decker/DeWalt, Emerson/Bosch, Raymarine, Jarden and most recently Universal Trailer. Mr. Carlson started his career in sales before going into product management and marketing roles, and then on to general management. He has a wide breadth of functional experiences including new product development, global expansion, systems implementation, brand building and operations improvements, and a performance history of sales growth and market share gains.

"Terry is a strong leader with proven success in branded products," said Tom Clark, a Lasko director and a partner at Comvest. "We are excited to work with him to uphold the legacy of the Lasko brand, enhance its US-based manufacturing capabilities, and build a new vision and strategy for the future."

About Lasko Holdings, Inc.
Lasko has been engineering and building high performance home comfort products with leading edge designs in the U.S. and around the world for 111 years. Started in 1906 by Mr. Henry Lasko, the company has grown to an international organization and a leader in portable fans and heaters. The company's products can be found at many retailers and online sites. For more information, please visit laskoproducts.com and airkinglimited.com.

About Comvest Partners
Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across the U.S. Since its founding in 2000, the firm has invested over $2.4 billion in over 140 companies. Through its extensive capital resources and broad network of industry relationships, Comvest offers its companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit www.comvest.com.

About JW Levin Management Partners

JW Levin Management Partners is a firm that invests in and provides management services to branded consumer products and services companies. JWLMP was founded in 2015 and is based in New York, New York. For more information, please contact info@jwlmp.com.

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