After five decades with radio broadcast equipment manufacturer Inovonics, owner and founder Jim Wood has retired from the company he started in 1972. Ownership of the company passed to company President/CEO Ben Barber on Aug. 1.
Barber has managed day-to-day operations at Inovonics since 2006, and was promoted to president/CEO in 2012.
“Ben has evolved into a much better manager and planner than I ever was,” said Wood. “Under Ben’s guidance the company has dramatically increased its presence, market share and prestige within our industry.”
At age 80, Wood plans to maintain ties to Inovonics in an informal advisory capacity but will keep busy in his retirement with projects he’s had to put off over the years due to his concentration on business.
For the last 50 years Inovonics has maintained its position as a market leader for cost-effective and innovative radio broadcast products. Inovonics specializes in high-quality audio processors, RDS encoders, AM/FM modulation monitors, and off-air monitoring equipment for AM/FM/HD/RDS/Internet Radio.