The Board of Directors today announces the executive leadership team that will lead Bang & Olufsen through the next phase of its strategy execution.

Gianfilippo Testa has been appointed Chief Executive Officer of Bang & Olufsen. Nikolaj Wendelboe will assume the role of Chief Operating Officer in addition to his current role as Chief Financial Officer. Both appointments are effective 13 August 2026. Jesper Hessel has been appointed to the newly established role of Chief Commercial Officer and Deputy CEO and will join the executive leadership team once he has completed his obligations to his current employer. In this role, Jesper will lead Bang & Olufsen’s global commercial organisation and support the continued execution of the company’s strategy.