Bose has a new CEO. Former Pitney Bowes exec Lila Snyder will take the helm on Sept. 1, becoming the first woman in the CEO post at the audio stalwart. She’s filling a position that had been vacant since Phil Hess stepped down as CEO early this year.
“We wanted the absolute best person, no matter how long the search took,” Bose chairman Bob Maresca told CNET. “Lila’s background, experience, track record and values are right for Bose, for the exceptional people who work here, and for our amazing customers who count on us every day.”
Bose doesn’t report its earnings, but Snyder is likely stepping in to the company at a difficult time. Even before the coronavirus pandemic, Bose announced plans to close all of its US and European stores, and earlier this summer it shut down its AR development. It consistently produces some of the best noise-cancelling audio gear, but we’re still waiting on the company’s long-promised noise-cancelling wireless earbuds.