Mike Clem has been promoted to the role of chief executive at music technology and instrument retailer Sweetwater, effective Sept. 29.
He will replace John Hopkins, who is retiring after more than three decades with the company, according to a company press release.
Clem joined the retailer in 2003, and was named president of Sweetwater in January of this year. Prior to that role, he served in various leadership positions including as chief growth officer and chief digital officer.
"Mike is a natural choice to become CEO and president, and has played a key role in our tremendous growth and success for the past 20 years," Hopkins said in a statement. "I have had the pleasure of working alongside Mike and am confident in his leadership and vision for the future. Sweetwater is in great hands."
Sweetwater last year achieved $1.57 billion in sales and saw revenue growth of 9.5% year over year. It’s the third consecutive year the company reported sales exceeding $1 billion.
The company is based out of Fort Wayne, Indiana, and describes itself as the No. 1 e-commerce provider of musical instruments and audio gear in the U.S.
