Jabra announces change to the executive management team - New CEO of parent company GN Netcom

NASHUA, N.H., March 16, 2015 /PRNewswire/ -- Jabra, a leading manufacturer of intelligent audio solutions, today announces the appointment of Rene Svendsen-Tune as CEO of GN Netcom and member of GN Store Nord's executive management team, effective as of April 1, 2015.  Rene Svendsen-Tune replaces Niels Svenningsen, who has decided to resign as CEO of GN Netcom (Jabra) for family reasons. Rene Svendsen-Tune is consequently stepping down from the board of directors with effect as of today.

Niels Svenningsen joined GN Netcom in December 2013 and has ensured the strong execution of the 2014 – 2016: INNOVATION & GROWTH Strategy. As a result, GN Netcom achieved its best financial results in company history for 2014 and became the leader in worldwide sales for Unified Communications headsets. Niels Svenningsen will assist Rene Svendsen-Tune to ensure a smooth transition.

"We are sad to see Niels leave. He has made great contributions to the company during his tenure. He has secured a strong launch of our new and very unique products and positioned the company well for even stronger results in the future," Chairman Per Wold-Olsen says.

Rene Svendsen-Tune has more than 20 years of management experience in the technology sector and in-depth knowledge in GN Netcom's key business areas including information technologies and telecommunications. Rene Svendsen-Tune joins GN Netcom from a position as president and member of the executive board at Nokia Networks with responsibility for Europe and Latin America. Before that Rene Svendsen-Tune was president and CEO of Teleca. Rene Svendsen-Tune has significant understanding and insight into the business of GN Store Nord where he has served as a valued board member since 2007.

"As Niels is leaving I am very pleased to see Rene being able and willing to accept the job as CEO of GN Netcom. Rene is finishing his assignment as president in Nokia Networks at the end of March and can go straight into this leadership position at GN Netcom. To have an experienced professional as Rene with detailed knowledge of GN take over the leadership at this time will indeed secure continued smooth operations and continued flawless execution of our 2014 – 2016 strategy," Chairman Per Wold-Olsen says.

Resume - Rene Svendsen-Tune Nationality: Danish Family: Married to Annegrete Skall and father of four children Education: Graduated from Danmarks Ingeniorakademi (electronic engineering) in 1981 Professional career 2007 – March 2015: Member of the board, GN Store Nord 2012 – March 2015: President, Europe and Latin America, member of the executive board, Nokia Networks 2006 – 2011: President and CEO, Teleca 1999 – 2006: Senior Vice President, Global Sales, Nokia Networks 1993 – 1998: Various management positions, Nokia Networks 1984 – 1992: Various professional positions in the Danish IT industry

About Jabra

Jabra is the brand of GN Netcom, a subsidiary of GN Store Nord A/S (GN) - listed on NASDAQ OMX. Jabra employs approximately 950 people worldwide and in 2014 produced an annual revenue which amounted to DKK 2,871 million. Jabra is a world leader in the development, manufacturing, and marketing of a broad range of communications and audio solutions. With a reputation for innovation, reliability, and ease of use that goes back more than two decades, Jabra's consumer and business divisions produce corded and wireless headsets, plus mobile and in-office speakerphones that empower individuals and businesses through increased freedom of movement, comfort, and functionality.

© 2015 GN Netcom A/S. All rights reserved. Jabra® is a registered trademark of GN Netcom A/S. All other trademarks included herein are the property of their respective owners. (Design and specifications subject to change without notice)   

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SOURCE Jabra