Bowers & Wilkins: Changes at the top

After initially reported earlier this week, Bowers & Wilkins has announced changes to the leadership team at B&W Group.

Going forward, Bowers & Wilkins will have a Board which is independent of EVA Automation, the Silicon Valley start-up that acquired B&W back in 2016, although the businesses will continue to co-operate with each other where mutually beneficial.

The recent developments will have no impact on the day-to-day management and direction of B&W, the company said. The brand’s stakeholders are actively supporting its activities while it re-focuses its resources on the R&D, manufacture and distribution of premium loudspeakers, audio components and headphones.

As part of the new structure, Gideon Yu and Greg Lee are no longer leading B&W. David Duggins has been appointed to the Board as sole Independent Director, with Geoff Edwards leading the executive team in assuming responsibility for the day-to-day operation of the business.

“Overall business performance remains very good and the brand has just enjoyed one of its best-ever sales quarters,” the company said in a statement. This includes “a full order book” for its premium 800 Series Diamond loudspeakers.

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As well as this, its partnerships with Philips TV, BMW, Maserati, McLaren and Volvo will continue, with several “exciting” new product launches in the months to come, B&W reported.

Despite these personnel changes, the brand said it remains committed to maintaining its UK and overseas operations, with its headquarters, R&D facility and manufacturing remaining in the UK (pictured left, the facility in Worthing on the South Coast).