Bang & Olufsen CEO Steps Down; CFO Named as Interim Successor

07:50 AM EST, 01/07/2026 (MT Newswires) -- Bang & Olufsen (BO.CO) named Chief Financial Officer Nikolaj Wendelboe as interim chief executive officer to succeed Kristian Teär, who will step down on Wednesday. The Danish consumer electronics company already started its search for a new CEO, according to a same-day release.