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Merit, Rowe Appoint New Chief Executive

Posted On: 3/15/2007

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BENSALEM, PA -- Michael Maas, a former executive of Microsoft and IBM, has been appointed president and chief executive officer of Merit Entertainment and Rowe International Corp., according to an announcement by Jeff Martin, a group president of Harbour Group, the St. Louis, MO-based investment company that owns both firms. Maas succeeds David Logan, who joined Merit as president in 2000.

At Microsoft Corp., Maas was general manager of the software giant's marketing programs for national enterprise accounts. Prior to Microsoft, he held several key posts in IBM Corp.'s media, entertainment, telecommunications and mobile computing divisions. Early in his career, he worked in various technical positions in the supercomputer industry.

"Mike's technical background and strong customer skills will enable us to take Merit and Rowe to the next level," Martin said.

For his part, Maas said that he expects the combined base of Merit's touchscreen video games and Rowe's jukeboxes, along with their brand recognition, to drive considerable growth.

"I am very excited to be joining firms with such rich traditions and established brands," he said, "Rowe has been the jukebox leader over several decades and recently produced its one-millionth jukebox. Merit is the most established coin-operated equipment in taverns today."

As part of the executive transition, Logan is serving as a consultant to both firms, as well as to Harbour Group, which established its Entertainment Products Group in December 2002 with the acquisition of Bensalem, PA-based Merit. The company launched its Music Products Group, which is comprised of Rowe and the AMI Entertainment content division, both based in Grand Rapids, MI, in November 2003.

During Logan's tenure at Merit, the Amusement and Music Operators Association honored the video-game maker as the association's Manufacturer of the Year for five consecutive years. In December 2005, Logan was installed as president of Rowe, signaling greater product development and marketing cooperation between the two companies.