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Dave Berryman
BMHOF Class of 2003
David Berryman is president of Gibson
Guitar Corp., parent company of an entire family of
world-renowned musical instrument brands, including Gibson
guitars, banjos and mandolins, Epiphone fretted instruments,
Dobro® resonator guitars and Baldwin pianos.
Born and raised in Buffalo, New
York, Berryman studied finance and accounting at Boston College,
graduating in 1974. After three years as a CPA for Price
Waterhouse & Co., he earned an MBA from Harvard. In 1981 he
teamed up with former Harvard classmates Henry Juszkiewicz and
Gary Zebrowski to acquire Phi Technologies of Oklahoma City.
They turned the struggling technology firm into a highly
profitable company in their first month of ownership. Seeking
high growth through acquisitions, they acquired Gibson and
Epiphone (which had been the fretted instrument division of
Norlin Industries) in 1986. One of the most-respected names in
the fretted instrument world since 1894, Gibson’s reputation had
fallen in the 1970s. With Berryman as president and Juskiewicz
as chairman, the new owners immediately restored Gibson’s
prestige and profitability.
Since 1992, Berryman has headed
Gibson’s Epiphone division, which encompasses all of the
company’s import activity. Under Berryman’s leadership, Epiphone
instruments became the most highly respected import brand,
earning a reputation for the best combination of quality and
value. By 1999, with Epiphone firmly established with its own
identity and artist base separate from Gibson, Berryman expanded
Gibson’s import business by implementing an internet-only sales
arm, MusicYo, to deal in a variety of brands, including Kramer,
Steinberger and Maestro. In 2002, Berryman secured greater
control of Epiphone’s manufacturing sources through Gibson’s
pioneering acquisition of an instrument factory in Qingdao,
China. The division further expanded in 2004 with the addition
of Baldwin Piano’s import brands, Wurlitzer and Hamilton, and
once again a reliable supply of instruments was secured by a
partnership with a Chinese manufacturer.
Through Dave Berryman’s
efforts, Gibson’s Epiphone division has grown from an obscure
line of import products to became a worldwide force in the
musical instrument industry and a vital part of Gibson Guitar
Corp.’s continued growth.
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