Universal Electronics Inc., the global leader in wireless universal control solutions for home entertainment and smart home devices, announced that Paul Arling will retire as Chief Executive Officer on April 30, 2025. Arling will serve as a consultant until June 30, 2025 and will remain on the board through his term, which will end at the 2025 Annual Meeting of Shareholders. The company is conducting an extensive executive search and actively interviewing both internal and external candidates.
Lead Independent Director of the Board of Universal Electronics Bill Mulligan stated, “We thank Paul for his leadership, innovation and passion for nearly three decades. During that time, he elevated UEI from manufacturing basic TV/set-top box remotes to becoming the global wireless device control leader. With over 150 patents issued and pending himself, Paul fostered a creative environment that yielded breakthrough technology. Those breakthroughs combined with a dedication to customer service cultivated numerous relationships with industry leaders. Today, UEI is the market leader for wireless control in home entertainment and is gaining traction in the Connected Home.”
Arling added, “I am proud of UEI, of our employees, of our customer service and of our industry leading solutions. I look forward to our strong executive team continuing our transition into new markets and helping to position UEI to become even stronger.”
The Company also confirmed its previously issued financial guidance for the first quarter ended March 31, 2025, which was set forth in its earnings announcement press release on February 20, 2025.
