Fender Musical Instruments Corporation (FMIC) has announced that Beats Electronics (Beats) President, Luke Wood, has joined Fender’s Board of Directors. Under Wood’s leadership, Beats has grown into a global household name and one of the most successful and recognizable consumer electronics companies in the world. Wood was also instrumental in facilitating the company’s recent acquisition by Apple Inc. will join Fender’s most recent additions to the company’s board of directors, U2’s Bono and The Edge, who were both appointed in May of this year.
“We are delighted to welcome Luke to Fender’s board of directors,” says Mark Fukunaga, FMIC’s co-chairman of the board. “His successful track record as an executive in the recorded music industry and music-based consumer products and services brings many very exciting potential opportunities to Fender and music consumers globally.”
“My first amplifier was a Fender Twin Reverb and my Fender Jazzmaster guitar is, in my opinion, the perfect instrument,” says Wood. “Fender’s combination of iconic design and unbeatable tone has informed and inspired everything I have ever done as a musician, record executive, and now as president of Beats. I’m incredibly fortunate to bring this passion to the Fender board of directors.”
Prior to Beats, Wood served as chief strategy officer of Interscope Geffen A&M (IGA) and president of the imprint DGC Records. At Interscope, he oversaw the company’s traditional and digital business development, its emerging business and revenue, and its operational strategy. As DGC president, Wood was responsible for all A&R and marketing decisions, as well as for developing and guiding the label’s artist roster. Wood began his career with Geffen Records in 1991 as a director of publicity and subsequently served as Geffen’s director of marketing, and later as vice president of A&R at DreamWorks Records. In 2003, Wood joined Interscope Records (as part of its merger with DreamWorks) as executive vice president of A&R.