Thiel is officially closed!!


In today's Strata.Gee.com Column by Ted Green. Thiel confirmed that they closed operations. A sad day for a great company.
linnlingo
Most definitely disheartening, though watching this unfold, not surprising.  I for one, feel sad about how things wound up.  When such a leader of this sort of entity moves on, the entity itself normally passes along, as well.

Jim Thiel sat at the top of the high-end loudspeaker world for a very long time.  He was a man of vision, conviction, and innovation.  His products reflected what he believed, and he refused to compromise
I wonder what kind of succession planning is done at these audio companies.  It seems like when the founder passes, there's absolutely no contingency plan for legitimately continuing the business.  It's something I recently considered and made me think twice about buying Dan D'Agostino's mono blocs given Dan's age and the size of the company.  I'm also concerned regarding Ayre with the recent passing of Charles Hansen. 
Conrad Johnson did it right. Sold the company to their head technician. Coming out w/plenty of new products. They are in good hands.