25.08.2015 19:55 Uhr, Quelle: MacNN

Pono struggling to expand due to lack of resources, no new CEO

Pono has both managerial and financial issues, according to a Facebook post by musician Neil Young. The rock legend confirmed the company is still looking for a CEO to replace temporary leader Young after the departure of John Hamm last year, and that despite sales of the Pono Player reaching the "tens of thousands," the company is still looking to expand its reach into new countries and more product categories, even though it also apparently has some funding issues.

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