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Rosetta Stone Is Creating Stability by Investing in the Long Term

By Matthew Argersinger - Apr 15, 2013 at 3:00PM

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Steve Swad, CEO of Rosetta Stone, explains how the company’s philosophy for the hiring of management is to invest in the long term.

The following video excerpt was taken from an interview with Steve Swad, CEO of Rosetta Stone (RST), in which he talks about his business philosophy, and how it is driving success both for language learners and for the company itself. In this segment, he discusses the philosophy for building a successful management team.

 

Matt Argersinger: Well, Steve Swad, thank you very much for joining us, David Gardner and me from The Motley Fool. You are the CEO of Rosetta Stone, and I guess I'll start with this. In its relatively short life as a public company, it seems like Rosetta Stone's had a lot of changes in the management team. Is there anything we, investors, should know about you and your team?

Steve Swad: No, I guess the way I think of the management team is let's build a group of people that complement each other and that can create value for shareholders, and run a company over the long term. And so we're trying to put a combination of technical expertise with some marketing savvy and some good, just basic management of financial discipline and take that team and run it hard for a long time. 

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