C.F. Martin & Co. Elects New Board Member

Martin President & CEO Thomas Ripsam joins Martin's Board of Directors

NAZARETH, Pa., Aug. 2, 2023 /PRNewswire/ -- C.F. Martin & Co. announced today that Thomas Ripsam has joined the company's Board of Directors effective July 25, 2023. Mr. Ripsam has been serving as the organization's President & CEO since June 14, 2021, after succeeding longtime Chairman and CEO, Christian Frederick Martin IV, who assumed the role of Executive Chairman at that time.

"I have enjoyed working with Thomas over these past two years as I transitioned to Executive Chairman of my family's business. He has proven to be a compassionate leader and a strong strategic thinker. As we celebrate our 190th year in business I'm proud that Thomas is joining the Martin board. I know he will help steer the company in the right direction, so we are still around 190 years from now."

Prior to Martin Mr. Ripsam spent over 25 years at Booz Allen & Hamilton and PricewaterhouseCoopers in various leadership roles. He worked with consumer goods companies, specialty retailers, technology solutions providers, Fortune 50 companies and family-owned businesses, helping to drive profitable growth, enhancing digital capabilities, improving customer experience and engagement, and generating hundreds of millions in incremental value for his clients.

"Since joining C.F. Martin & Co., my focus as President & CEO has been to help ensure the company continues to deliver strong results while successfully managing the many challenges driven by Covid and an uncertain macro-economic environment, while shaping the brand and business strategies, strengthening and building capabilities and a culture to position C.F. Martin well for the future.  I continue to be impressed by the passion that runs throughout the organization. It is evident every day in the actions of its employees and leadership team. I am honored to also join the Martin Board of Directors to help guide the organization into a bright future where we will continue to offer the best quality instruments and strings and help everyone unleash their inner artist."

ABOUT MARTIN GUITAR
 C. F. Martin & Co.^® has been making the finest handcrafted acoustic guitars since 1833. For the biggest names and the most revered musical legends. For the pioneers, the rebels, and the dreamers. For anyone who cares about music and loves making it.

Yes. We've got history and pedigree as long as your arm. And we're proud of it. But you know what really matters to us? Making Martin guitars, ukuleles, and strings so great that they help anyone and everyone's creativity fly. Whoever plays them, whatever they want to say, wherever they want to go.

There's a passion that runs through this organization. From our employees to our loyal customers to our business partners across the globe. This passion fuels our ambition to give you the very best tools to share your music with the world for generations to come.

You don't need to be the next Bob Dylan or Joan Baez to appreciate the unbeatable tone of a Martin. Though, who knows? You just might be. Let's find out together.

200 years of making great music. Want to come with us? Visit martinguitar.com.

SOURCE C.F. Martin & Co.