BO Bang & Olufsen A/S B

EVP Snorre Kjesbu leaves Bang & Olufsen

EVP Snorre Kjesbu leaves Bang & Olufsen

Snorre Kjesbu, Executive Vice President and Head of Design, Creation and Fulfilment, has informed the company that he will be leaving to take up a new position outside Bang & Olufsen.

Effective today, Martin Skov, Vice President and Head of Product Creation, has been appointed interim Head of Design, Creation and Fulfilment until a permanent solution is in place. Martin Skov has been with Bang & Olufsen for more than 10 years and has extensive experience within product creation, planning and supply chain management. Snorre Kjesbu will remain with the company until 30 September 2020 and assist with the handover of his assignments.

Snorre Kjesbu comments:

“Bang & Olufsen is a unique brand with so many great people and I was looking forward to contributing to realising the company’s potential. However, this was an opportunity that I could not pass up. I want to thank all my passionate colleagues – I am certain they will continue their great work, make amazing products and bring Bang & Olufsen safely into the future.”

CEO, Kristian Teär comments:

“I want to thank Snorre for his contribution to Bang & Olufsen, and I wish him the best of luck with his new endeavor. We have a strong and well-functioning team with highly experienced and skilled people committed to develop new innovative products in line with our strategy, and I’m very pleased that Martin Skov has agreed to take over until further notice.”

For more information, please contact:

Martin Raasch Egenhardt

Director, Investor Relations

Phone:

Jens Gamborg

Head of Group Communications

Phone:

Attachment

EN
11/08/2020

Underlying

BOBang & Olufsen A/S B

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Bang & Olufsen A/S B

 PRESS RELEASE
Free
BO Bang & Olufsen ...

Major Shareholder Announcement

Major Shareholder Announcement Bang & Olufsen A/S has, pursuant to the Danish Capital Markets Act, received a major shareholder notification from UBS Group AG.   As per 10 February 2026, UBS Group AG’s holding of shares and voting rights pursuant to section 38 of the Danish Capital Markets Act, as well as other financial instruments pursuant to section 39(2), was below 5 percent of the total share capital and voting rights in Bang & Olufsen A/S.   As of 10 February 2026, UBS Group AG held a total of 6,949,805 shares and voting rights in Bang & Olufsen A/S, corresponding to 4.72 percent of...

February 13, 2026 1 EN
 PRESS RELEASE
Free
BO Bang & Olufsen ...

Change of Board of Directors – new employee elected member

Change of Board of Directors – new employee elected member Bang & Olufsen A/S today announces that Kresten Bjørn Krab-Bjerre will become new employee elected member of the Board of Directors as of 29 January 2026. Kresten Bjørn Krab-Bjerre is succeeding Andra Gavrilescu, who is stepping down as employee-elected member of the Board of Directors. Chair of the Board of Directors, Juha Christensen comments: “I would like to thank Andra Gavrilescu for her time and contribution as a member of the board and to welcome Kresten Bjørn Krab-Bjerre to the Board of Directors.” For further information...

January 29, 2026 1 EN
 PRESS RELEASE
Free
BO Bang & Olufsen ...

Bang & Olufsen A/S - Transactions in connection with share buyback pro...

Bang & Olufsen A/S - Transactions in connection with share buyback programme to hedge the company’s share-based incentive programmes On 15 August 2025, Bang & Olufsen initiated a share buyback programme with the purpose of hedging the company’s share-based long-term incentive programmes in accordance with EU Commission Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Regulation”). Under the share buyback programme, which runs from 15 August 2025 and will end no lat...

January 19, 2026 1 EN
 PRESS RELEASE
Free
BO Bang & Olufsen ...

Bang & Olufsen A/S - Share buyback programme to hedge the company’s sh...

Bang & Olufsen A/S - Share buyback programme to hedge the company’s share-based incentive programmes completed On 15 August 2025, Bang & Olufsen announced the initiation of a share buyback programme with the purpose of hedging the company’s share-based long-term incentive programmes. The Company has assessed its share-based incentive programmes. and based on current coverage, the programme can now be discontinued. The company's share buyback programme has been executed in accordance with EU Commission Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MA...

January 19, 2026 1 EN
 PRESS RELEASE
Free
BO Bang & Olufsen ...

Bang & Olufsen interim report for H1 2025/26: Q2 2025/26 marked Bang &...

Bang & Olufsen interim report for H1 2025/26: Q2 2025/26 marked Bang & Olufsen’s 100-year anniversary Q2 (September - November 2025) marked Bang & Olufsen’s 100-year anniversary, which was celebrated with special events and brand campaigns around the world. Group revenue in local currencies declined by 1.2%, while the branded channels reported growth of 5.4% in local currencies. The gross margin was 57.9%, an increase from 53.7% last year, with record-high margin generated in product sales. Like-for-like sell-out increased by 7%, with strong traction from the Win Cities of 19% sell-out grow...

January 14, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch