| CEO Name | Kristian Tear |
| Nationality | Sweden |
| Net Worth Estimation | $5 million |
Kristian Tear's estimated net worth of around $5 million primarily results from his executive compensation, stock options, and leadership roles at Bang & Olufsen and previous tech companies like Sony Mobile and Logitech. This valuation reflects his accumulated salary, bonuses, and equity linked to his corporate achievements and tenure in the consumer electronics sector.
Kristian Tear, CEO of Bang & Olufsen, has an estimated net worth of $5,000,000, which is 50% below the minimum CEO net worth of $10,000,000 for the electronics business category. His net worth is also just 0.68% of the highest estimated CEO net worth of $740,000,000 in this category.
Business Category: Electronics
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 740000000 USD
Kristian Tear Performance in Bang & Olufsen
Kristian Tear, CEO of Bang & Olufsen, drives strategic leadership focused on innovation and brand revitalization in the premium audio market. His decision-making emphasizes sustainable growth, digital transformation, and operational efficiency, resulting in improved financial performance and market relevance. Under Tear's leadership, Bang & Olufsen has strengthened its global presence and enhanced product appeal, positively impacting company profitability and shareholder value.
Latest News
Bang & Olufsen's CEO Kristian Tear and Company Performance Updates
Kristian Tear has been CEO of Bang & Olufsen since October 2019, leading strategic initiatives including new product launches and retail expansion amid challenging financial results with a Q1 2025 revenue decline of 4%. The company is executing share buyback and focusing on improving margins and cash flow while preparing for its centenary celebrations.
Source: http://www.investing.com/news/transcripts/earnings-call-transcript-bang--olufsen-sees-q1-revenue-dip-stock-falls-93CH-4278866