Danish pro audio amplifier electronics specialist Pascal has appointed two new members to its Board of Directors, including a new chairman. The appointments signal the start of a strengthening of the company’s management structure, as it positions itself to achieve continued high rates of growth in.
Lars Dige Knudsen is the company’s new chairman, a highly experienced board member with numerous directorships to his credit and considerable relevant pro audio industry experience, having served in several executive management positions with Martin Professional A/S and Harman International, for more than 20 years. He takes over from Senior VP Business Development – and founding director – Peter Frentz, who has held the position of chairman since the company was founded 13 years ago.
‘I am extremely happy to be passing the baton to Lars,’ says Frentz. ‘It has been my ambition for some time that we fully professionalise the board, so as to position ourselves to achieve longer-term sustained growth. It will be Lars’ role to finalise our board line up and lead it in the coming years, to assist our CEO fulfil some very ambitious strategic goals.’
In expanding the board,Lars Dige Knudsen has made his first appointment in Villads Thomsen. Thomsen served for more than ten years in senior positions with Martin Professional and then as VP of Global Sales, Lighting Business Unit with Harman Professional International. He is currently CEO at Lyngsoe Systems, a world-leading Danish software developer and systems integrator of logistics solutions, and brings specialist business development skills and experience to the board.
‘Our growth targets are highly ambitious and projected over the next seven years,’ CEO Lars Rosenkvist Fenger says. ‘The expansion is entirely focussed on the pro audio market, and we have specific strategies planned for increasing our share of business in our current market sectors, as well as developing new business opportunities. Professionalising and expanding our board will provide us with recourse to wider commercial expertise and experience in support of implementing these strategies and achieving our goals. It will be particularly beneficial for myself, to be able to spar with a wider team of people whose external skills and experience will help ensure we take the right decisions in the coming months and years.’
More: www.pascal-audio.com
