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Lab.gruppen Welcomes New CEO

Swedish professional audio manufacturer Lab.gruppen has named Ulf Larson as the company's new CEO. The appointment will take effect on July 1, following a hand-over period from current CEO, Tomas Lil 4/01/2009 4:12 AM Eastern

Lab.gruppen Welcomes New CEO

Swedish professional audio manufacturer Lab.gruppen has named Ulf Larson as the company's new CEO. The appointment will take effect on July 1, following a hand-over period from current CEO, Tomas Lilja, who is taking on a new challenge in the software industry after nine years at the helm of Lab.gruppen.

Swedish professional audio manufacturer Lab.gruppen has named Ulf Larson as the company's new CEO. The appointment will take effect on July 1, following a hand-over period from current CEO, Tomas Lilja, who is taking on a new challenge in the software industry after nine years at the helm of Lab.gruppen.

"Ulf has many years of experience in senior management at Lab.gruppen. Most importantly, as far as the company's development is concerned, Larson has been heading up the business units, developing the PLM Series Powered Loudspeaker Management systems and the new Lake LM 26 digital audio processor," said Anders Fauerskov, chairman of the Board of Directors and CEO of Lab.gruppen's parent company, TC Group, in a statement.

"After nine years as CEO of Lab.gruppen, I now have decided to take on a new challenge in the software industry," said Lilja. "It hasn't been an easy choice, but leading Lab.gruppen through several growth phases, and the fact that many goals and visions have been accomplished and fulfilled, have made me desire to take on the new challenges of developing a smaller but potentially successful company once again."

"I am honored by this appointment and am excited by the challenge of taking the company forward as we continue to expand sales in core and newly targeted markets," said Larson.



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