Bang Olufsen A/S announced the appointment of Kristian Teär as new CEO of the company, effective immediately. Teär succeeds Henrik Clausen, who will be at the company's disposal in the short term. Most recently, Teär was with the Swiss company Logitech, where for four years he was VP of EMEA and was responsible for sales, marketing and distribution of 13 product lines. Prior to that, he was global COO for BlackBerry with headquarters in Canada. Before that, he held management positions at Sony Ericsson as EVP, with global responsibility for sales and marketing, and as regional president at Ericsson for Southeast Asia, German-speaking Europe and Central America.