Bang & Olufsen Management

Management criteria checks 2/4

Bang & Olufsen's CEO is Kristian Tear, appointed in Oct 2019, has a tenure of 4.5 years. directly owns 0.54% of the company’s shares, worth DKK6.13M. The average tenure of the management team and the board of directors is 3.8 years and 5.2 years respectively.

Key information

Kristian Tear

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.5yrs
CEO ownership	0.5%
Management average tenure	3.8yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO

Kristian Tear (60 yo)

4.5yrs

Tenure

Mr. Kristian Tear serves as the Chief Executive Officer and Member of the Executive Board at Bang & Olufsen a/s since October 8, 2019. He was President at Bang & Olufsen a/s from October 8, 2019 to 2020. H...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kristian Tear	CEO & Member of the Executive Board	4.5yrs	no data	0.54% DKK 6.1m
Nikolaj Wendelboe	Executive VP	4.9yrs	no data	0.20% DKK 2.3m
Line Ljungdahl	Executive VP	3.8yrs	no data	0.093% DKK 1.1m
Cristina Hefting	Head of Investor Relations	1.3yrs	no data	no data
Martin Skov	VP, Head of Product Creation & Interim Head of Design	3.7yrs	no data	no data
Claus Jensen	Director of Brand & Market Operations	no data	no data	no data
Christoffer Poulsen	Vice President of Product Management	no data	no data	no data

3.8yrs

Average Tenure

48yo

Average Age

Experienced Management: 0MRM's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Anders Friis	Independent Director	5.7yrs	kr.575.00k	0.019% DKK 220.7k
Jesper Jarlbaek	Independent Director	13.1yrs	kr.800.00k	0.022% DKK 248.6k
Tuula Rytila	Independent Director	4.7yrs	kr.445.00k	0.020% DKK 229.1k
Albert Bensoussan	Independent Vice Chairman of the Board	3.7yrs	kr.700.00k	0.015% DKK 169.8k
Brian Hansen	Employee Representative Director	9.3yrs	kr.350.00k	0.0033% DKK 37.7k
Juha Christensen	Independent Chairman of the Board	7.6yrs	kr.1.41m	0.17% DKK 1.9m
Soren Balling	Employee Representative Director	7.3yrs	kr.350.00k	0.0071% DKK 81.4k
M. Chung	Independent Director	4.7yrs	kr.475.00k	0.021% DKK 245.2k
Britt Jepsen	Employee Representative Director	4.7yrs	kr.350.00k	0.0014% DKK 16.5k
Dorte Vegeberg	Employee Representative Director	4.7yrs	kr.350.00k	no data

5.2yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 0MRM's board of directors are considered experienced (5.2 years average tenure).

Bang & Olufsen Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Bang & Olufsen a/s, Annual General Meeting, Aug 17, 2023

High number of new directors

Recent updates

Third quarter 2024 earnings released: EPS: kr.0.013 (vs kr.0.50 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: kr.0.10 (vs kr.0.025 in 2Q 2023)

Bang & Olufsen A/S Provides Earnings Guidance for the Financial Year 2023-2024

First quarter 2024 earnings released: EPS: kr.0.10 (vs kr.0.80 loss in 1Q 2023)

Bang & Olufsen a/s Provides Earnings Guidance for the Year 2023/2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: kr.1.50 loss per share (vs kr.0.24 loss in FY 2022)

Bang & Olufsen A/S Provides Earnings Outlook for the Year 2023-24

Bang & Olufsen a/s to Report Q2, 2024 Results on Jan 10, 2024

Third quarter 2023 earnings released: kr.0.50 loss per share (vs kr.0.10 loss in 3Q 2022)

Now 22% undervalued

Second quarter 2023 earnings released: EPS: kr.0.026 (vs kr.0.10 in 2Q 2022)

Bang & Olufsen a/s Provides Earnings Guidance for the Financial Year 2022-23

Insufficient new directors

Bang & Olufsen Provides Earnings Guidance for the Fiscal Year 2023

First quarter 2023 earnings released: kr.0.80 loss per share (vs kr.0.008 profit in 1Q 2022)

Forecast breakeven date pushed back to 2024

Full year 2022 earnings released: kr.0.20 loss per share (vs kr.0.19 loss in FY 2021)

Forecast breakeven date pushed back to 2024

Bang & Olufsen A/S Provides Earnings Guidance for the Year 2022/23

Bang & Olufsen a/s to Report Q3, 2023 Results on Apr 13, 2023

Bang & Olufsen a/s, Annual General Meeting, Aug 17, 2023

Bang & Olufsen A/S Provides Earnings Guidance for the Financial Year 2021-22

High number of new directors

Third quarter 2022 earnings released

Bang & Olufsen a/s Provides Earnings Guidance for the Financial Year 2021/22

Second quarter 2022 earnings: Revenues in line with analyst expectations

Bang & Olufsen a/s Provides Earnings Guidance for the Fiscal Year 2022

First quarter 2022 earnings released: EPS kr.0.008 (vs kr.0.40 loss in 1Q 2021)

Full year 2021 earnings released: kr.0.19 loss per share (vs kr.14.08 loss in FY 2020)

Bang & Olufsen A/S Revises Earnings Guidance for the Financial Year 2021

Third quarter 2021 earnings released: EPS kr.0.10 (vs kr.6.70 loss in 3Q 2020)

Bang & Olufsen a/s Re-Affirms Revenue Outlook for Fiscal Year 2021

Huddly and Bang & Olufsen Announce Partnership

Revenue in line with expectations

Revenue in line with expectations

Second quarter 2021 earnings released: EPS kr.0.10

Bang & Olufsen a/s Revises Earnings Guidance for the Year 2020/21

Bang & Olufsen Holding A/S to Report Q3, 2010 Results on 04/14/2010

First quarter earnings released

Bang & Olufsen a/s has completed a Follow-on Equity Offering in the amount of DKK 409.24029 million.

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age