Kalle Hvidt Nielsen is out. Replacing him as President and CEO is Tue Mantoni

93 replies
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On 1 March 2011, Tue Mantoni, currently a member of Bang & Olufsen’s Board of Directors, will take up the position of President & CEO of the company. Kalle Hvidt Nielsen will step down as President & CEO of Bang & Olufsen on 28 February 2011. However, Kalle Hvidt Nielsen will remain with Bang & Olufsen until the end of June to facilitate the handover to Tue Mantoni and also to ensure continuity in the company’s product development function.

OK, wonder why that is...?

 

I'm not changing pants as often as they are changing CEO's... 😁

Thanks for sharing the news. I`m wondering too.....????

Stefan

Yup, it seems like the board of directors are simply wielding power for the sake of it.

He'll be leaving the position the 28th of february, which is a pretty short notice to be honest. Kicked out, it seems.

It's a shame, because he had proven he had what it takes to turn around the sinking ship.

I'm glad I don't work in their development department. Maybe everything will change for the worse now, just when my hopes had begun to come alive.

 

Hard to say what's happening behind the scenes, but this is not good news I'm afraid...

Finally...

B&O are in desperate need of at younger CEO with a passion for gadgets and tecnological evolvement. How old are the people in the board of directors? It does not matter wether or not the board knows everytning about making money on a theoretical basis if they have absolutly no clue about what is happening in the market for audio and tv products. An Ipod Dock in 2010.... WOW, what a great idear, where do i sign up? Where is the guy supposed to raise the question about Airplay, inbulid beolink wireless etc. Where is the guy asking about automatic SW updates over the internet on ALL newer products, the guy saying that a 30+ sec startup on the DVB-HD module is not acceptable. B&O sell their stuff at prices SO high, they should have every oppotunity to make something exceptional...But they dont. Howcome someone does not inform the board, that making products with outdated technology and selling them for 4 times the price of a technological supperior brand will NOT be a success in the long run...

Come on...

 

By the way, I am selling my B&O so if anyone is interested, PM Me :-)

 

/Ehlerz

From my understanding there have recently been a great deal of management changes which have really changed the way B&O was operating. I hope that this time this CEO actually finishes the job with some decent new products despite the internal turmoil.

Is that how they thank him for restoring profit?????

Doesn't sound good to me either, the new CEO may be young, but he has little knowledge of audio-video gear & digital media integration, I'm afraid...or are they going to fit Triumph motorbikes with ALT tweeters?😁

Yes he was a commerial director for Triumph, while Hvidt was a technical person.

Just yesterday, Microsoft announced they will place more technical people in the top management to compete against Apple and Google and restore the creativity of the company.

 

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