AtlasIED has issued a statement on the sad passing of MiTek founder Loyd Lee Ivey, who died peacefully on September 30. Full statement below:
It is with deep sadness and profound gratitude that the Ivey and MiTek family announce the passing of Loyd Ivey. Later this month we will come together to celebrate the extraordinary life and legacy of the beloved founder of MiTek Communications, parent company of AtlasIED and MTX (details below). Today, we mourn the passing of a visionary leader who impacted the landscape of the commercial audio industry.
Loyd’s remarkable journey began five decades ago, and his relentless pursuit of excellence elevated MiTek Corporation, and its companies, to the pinnacle of success. His dedication and innovation not only earned him numerous accolades, including the prestigious NSCA Education Foundation Founders Award as well as the NSCA Per Haugen Lifetime Achievement Award (the only member to receive both awards), but also earned enduring respect and admiration.
Loyd’s impact reached far beyond awards and recognition. An entrepreneur through and through, Loyd built his businesses both organically and through strategic acquisition. Many of the acquired brands were consolidated into and added to the success of the well-known commercial and consumer audio brands -AtlasIED and MTX, the two largest entities that fall under the MiTek umbrella.
In addition to his entrepreneurial passion, Loyd’s commitment to nurturing talent and fostering a culture of growth within and outside the companies transformed the lives and careers of countless employees and industry individuals. His mentorship inspired innovation and creativity, yielding confident pioneers in this ever-evolving industry.
Johnathan Ivey, president of MiTek Corporation and Loyd’s son, said of his father: “Innovation was at the heart of Loyd’s legacy. He pushed boundaries, leading MiTek, AtlasIED, and MTX to develop groundbreaking products and solutions that set industry standards. Although Loyd was from humble beginnings, his passion for pushing the envelope and delivering unparalleled quality has been the cornerstone of our businesses’ and family success.”
Details about Loyd Ivey’s celebration of life:
Friday, October 27, 2023
10am (Arizona Time)
Whitney and Murphy Funeral Home
4800 East Indian School Road
Phoenix, Arizona 85018
Click here to join virtually
Meeting ID: 861 7774 5082
Passcode: 716270
In lieu of flowers/gifts, please consider a donation to: Multiple Sclerosis Foundation
