Technology >> CEO Interviews >> July 12, 2010
David L. Turney has been a director of DRI Corporation since May 1996 and has served as the company's Chairman of the board of directors, President and Chief Executive Officer since May 1998. In March 2010, he transferred his role of President to Oliver Wels and retained his duties as Chairman of the board and Chief Executive Officer. Mr. Turney was Co-Founder, Chairman and CEO of Robinson Turney International, Inc., which merged into the company in April 1998. From March 1994 to December 1995, Mr. Turney was engaged in strategic planning and development consulting services for his former employer, Mark IV Industries, Inc. Mr. Turney founded the Mark IV Transportation Products Group, a group of nine companies, subsidiaries and operating units serving transit and transportation markets worldwide, and he served as its Group Executive from February 1991 to February 1994. From May 1984 to February 1991, Mr. Turney was President of the Luminator division of Gulton Industries, Inc., which became a wholly owned subsidiary of Mark IV in 1987. Prior to 1984, he served in various managerial and engineering capacities in four corporations spanning the telecommunications, industrial hard goods, consumer electronics and electromagnetic components industries. He is active in the American Public Transportation Association and, as former Chair of its business members group, he presently serves on the association's business members board of governors, legislative committees, as well as other industry-elected and appointed positions. Mr. Turney also serves on the board of trustees of the Mineta Transportation Institute and was previously the institute's Chairman in 2007 and 2008. He received his B.S. in industrial management from the University of Arkansas in Fayetteville, and he has participated in numerous courses and seminars in finance, mergers and acquisitions, public company administration and operations. Profile
TWST: Please give us a brief overview of DRI Corporation and your industry.
Mr. Turney: The company was founded in 1983 and the IPO was in 1994. The company is in the public transportation sector -