Anders Fauerskov, chairman of the board of directors and CEO of the parent company, TC Group, comments: "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.
"Larson has considerable previous experiences as production manager in the defence industry and was a naval officer in the Swedish Armed Forces. I am confident that he will be able to provide the leadership to execute Lab.gruppen's aggressive market strategies. He is the ideal person to take over from Tomas who will work with Ulf over the next few months in order to make the transition as smooth and efficient as possible."
"After almost a decade as CEO of Lab.gruppen," comments Lilja, "I now have decided to take on a new project in the software industry. 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 has made me want to take on the new challenges of developing a smaller but potentially successful company once again. The difficult part of my decision is that I will miss my staff, customers and friends within the industry."
Larson says: "I am honoured 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. Since joining Lab.gruppen it has been a pleasure to contribute to the company's growth and progress, and I look forward to managing our future success."
(Jim Evans)
