Founder Robert Carver Quits Carver Corp.

Lynwood, WA. Robert Carver has resigned as Chairman of the Board at audio equipment manufacturer Carver Corp. He was Carver Corp’s founder, and the designer of many of Carver’s key products. He had quit the company once before, in 1994, in a dispute over royalties. He returned seven months ago as part of an agreement for Carver Corp. to sell its professional amplifier division, a deal that involved licensing rights that he still held. In the interim, Robert Carver started a competing audio equipment company, Sunfire Corp.

In accepting the resignation, Carver Corp. President Stephen Williams said: “The board and I have become increasingly concerned with the possible conflicts of interest Mr. Carver has in serving on Carver’s board. We wish Mr. Carver well in his new company and believe this action is best for both the company and Mr. Carver.”