Yeah generally no mandate for private companies to have a Board of Directors, although it can vary by state as to what functions a company must have. In a situation like Krell has gone through, I'm not surprised Rondi did not constitute a Board. I think it is also mute reinforcement that Bicking or any other investor did NOT have a significant financial interest in Krell. Invariably, someone putting money into a business or someone with substantial ownership wants a Board and someone looking out for their financial interests.
Krell Moves to new location
Here is the old location https://sentrycommercial.com/industrial-building-sold-for-2-2m-in-orange/
@jea48 Kristopher is alive. I emailed him awhile back but he never responded. Owns auto repair shop. |
Yeah generally no mandate for private companies to have a Board of Directors, although it can vary by state as to what functions a company must have. In a situation like Krell has gone through, I'm not surprised Rondi did not constitute a Board. I think it is also mute reinforcement that Bicking or any other investor did NOT have a significant financial interest in Krell. Invariably, someone putting money into a business or someone with substantial ownership wants a Board and someone looking out for their financial interests. |
I’m sorry, but this is not how to run a company. How many customers shipped components needing repair to Krell before the doors closed? And how long must someone sit in limbo while the legal process continues. I’d hate to be someone who’s sitting in limbo not even knowing if their item or items is even going to be found! How is it Krell owners didn’t have their affairs in order before this happened. This is what not to do if you own any company! |
@willywonka if Krell would release their service schematics to third party technicians, servicing Krell products would not be an issue. |
Absolutely, one hundred percent. It is time Right to Repair laws are passed in all states to give folks back the control over how and where to have their gear maintained - gear they paid for and own. It is time rogue companies are put back in their place. @willywonka I see your point, but that essentially makes you a Harman / Bose customer
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@jea48 Arnold Martinez is no longer with Krell. Wasn't with them very long, Rondi hired him shortly before she died. |
@devinplombier I still don't understand why the vast majority of people need that law, most mainstream equipment is just cheap throwaway stuff anyway. |
If you go to their website, they have an update on opening that was updated on the 9th. About 3 — Your Site Title - krell.industries. Gotta hit the one I highlighted or you get a site that looks like Arabic. Update once again tells you absolutely nothing that hasn’t been said before, but allegedly it has new e-mail addresses for everything. It is just flat out stupid and senseless business wise to have not specifically addressed this.
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Thanks for your post and the info above. I found the link you referenced and posted its ’contents’ below for everyone to read. Please see below the ======. ============================================ Krell Industries: Preparations For Reopening (UPDATED 1/9/2025) To our valued dealers and distributors, We are pleased to inform you that Krell Industries is now in the process of reopening. This is a very complex matter, involving relocation and a number of legal issues which are in progress. Due to the unpredictable nature of filing Court documents, etc, we cannot provide a timeline. We are working toward re-opening, and an official announcement will be made in Stereophile Magazine. As part of our commitment to enhancing your experience, we are migrating our digital infrastructure to a cloud-based platform. Due to the significant complexity involved, this process will take some time. Unfortunately, our old domain, krellhifi.com, and related emails have been hijacked, and are no longer under our control. Remedies are being pursued. For the time being, please use our new website: krell.industries (no additional TLD). We’re excited to announce the upcoming launch of our new dealer portal, which will become an integral part of our sales and service process. Through this portal, you’ll be able to track purchase confirmations, shipping and delivery dates, service quotes, and more in real time. This portal is part of our broader initiative to modernize and digitize the purchasing and payment process, enhancing both ease and security for you, our valued dealers. For now, please use the following emails for any inquiries:
Please note that responses may be delayed until we are fully operational, as we continue to operate under limited capacity. We also ask for your patience as we finalize testing of our new website, as there may be some technical or user experience issues. (This work is ongoing.) We greatly appreciate your continued patience and understanding, and we’re working diligently to reopen and resume full operations as soon as possible. Your support is invaluable, and we look forward to working with you again soon. Thank you for your partnership. Sincerely, Wil Buhler |
That was Thai.
If Krell had paid the $25 domain renewal fee maybe it would still be under their control? Also, whoever owns the domain name now is probably more than happy to sell it back for a fee, since that's the business they're in - selling domain names. But, no; instead:
Hahaha sure I just hope folks get their gear back soon.
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https://www.stereophile.com Walter is coming back! |
please see below the ==== for a copy of the above referenced article. @bulldogger, Thanks for finding and posting this article on Krell. ===================================== "On June 18, 2024, Krell Industries closed temporarily after the unexpected death of owner and CEO Rondi D'Agostino; Krell has been in limbo ever since. According to Wil Buhler of family holdings company JF Bicking & Co, Krell's long-awaited reopening is within reach. What’s been happening? Buhler offers an explanation. "JF Bicking's working relationship with Rondi gave her and us equal managerial control, even though she still held the majority share. With the death of her husband in August of 2024, that share has now gone to her heir. "Through all subsequent negotiations with that heir, the invaluable help of former Krell Industries Vice-President Walter Schofield has enabled us to stick it out through less than cooperative behavior on the majority holder's part. Once matters are settled and we can start up again, Walter will come back onboard and help with the rebuilding and running of Krell. "Within a day or so, we are planning to submit a formal offer to buy Rondi's outstanding majority share of Krell from her heir. Our lawyers, Royer, Cooper, Cohen and Braunfield (RCCB Law), are pretty confident that we will succeed. "Once we've conferred with Walter, we will submit our formal offer to buy Krell. Ultimately, we think the courts will intervene. We're requesting the courts to appoint an independent third-party administrator to handle Rondi's estate so that we can proceed with reopening Krell. Our next hearing is next week, between February 3 and 7. That's when an independent administrator will be appointed if the heir has not yet accepted our formal offer for purchase." Meanwhile, Buhler informs Stereophile readers, krell.industries is the legitimate website for Krell Industries. "The former website, krellhifi.com, has been hijacked," he says. What about Krell equipment sent in for repair? Willie Barnett, Krell's longtime repair technician, continues to be affiliated with the company, active on the Krell Owners and Enthusiasts Facebook group, and hard at work. "All Krell equipment previously submitted for repair is safe and currently being fixed," Buhler assures Krell owners. "Product will be sent back to the owners once repairs are complete." Stereophile has contacted Rondi’s heir and will update this story if and when comment is received. The announcement of the official reopening of Krell Industries will be shared on this site. Please stay tuned". |
@roxy54 I agree "the hour is late." But I don't think it's too late. I really like the sound of the Krell XD stuff. I am hoping that the development of the flagship stereo and monoblock amp's tech will trickle down to new lower priced amplifiers to replace the XD series. Walter is back but let's also hope Dave Goodman will come back to do this designing. These are really wonderful relaxed, smooth, natural sounding amplifiers. The XD series is several years old now. New designs and products are just as important, in the future, as getting restarted is now. |