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Technology Bose quietly replaces its CEO

18:10  03 march  2020
18:10  03 march  2020 Source:   cnet.com

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Bose , the company known for muting ambient noise, is also pretty good at quietly replacing its chief executives . Technically, Bose didn't fill the CEO position. Jim Scammon, who's worked at Bose for 30 years in a number of leadership positions -- most recently as CFO -- has taken over as President

Bose , like every company, has a responsibility to operate according to sustainable principles and practices. And I feel good about our progress this past year. Our manufacturing facility in Tijuana achieved their goals to reduce energy consumption and to increase community benefits.

Bose , the company known for muting ambient noise, is also pretty good at quietly replacing its chief executives.

a man sitting at a table: Former CEO and current executive chairman Bob Maresca is © Provided by CNET Former CEO and current executive chairman Bob Maresca is "working closely" with new president and COO Scammon during the transition. Sarah Tew/CNET

Back in January, the audio company said it was in the process of closing 119 store locations across North America, Europe, Australia and Japan, citing a "dramatic shift to online shopping" as the reason. However, what it didn't mention at the time was that president and CEO Phil Hess was also stepping down.

a close up of a toy: Bose's new true wireless headphones, the Earbuds 500, were announced last year but haven't yet been released. Sarah Tew/CNET © Provided by CNET Bose's new true wireless headphones, the Earbuds 500, were announced last year but haven't yet been released. Sarah Tew/CNET

A private company with a reputation for being secretive, Bose doesn't usually announce executive changes -- and Hess is still listed as president and CEO on the company's website. But a Bose spokesperson confirmed the C-suite shakeup: "Yes, there has been a leadership change at Bose. Phil stepped down in late January."

Google quietly removed 'Guest Mode' casting from Home speakers

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Bose 's new beat. Bose has always taken great pride in its technical innovations and the quality of its Bob Maresca, Bose 's current CEO and president, is no Silicon Valley wunderkind. He's an MIT Bose , longtime MIT professor and member of the class of 1951, quietly transferred his stake in the

Bose is pretty proud of its new creation, which will relieve the indomitable QC15 of its command. “We weren’t going to replace the QC15 headphones unless we had something that was better To replace an icon of the genre, Bose has employed its 30 or so odd years of leading the noise-canceling industry.

Technically, Bose didn't fill the CEO position. Jim Scammon, who's worked at Bose for 30 years in a number of leadership positions -- most recently as CFO -- has taken over as president and chief operating officer (Scammon's LinkedIn profile lists his new titles). The spokesperson told CNET that former CEO Bob Maresca, who remained chairman of the board after his retirement at the end of 2017, has stepped in to work closely with Scammon.

a close up of a toy © Sarah Tew/CNET

Read more: Bose's new beat -- CEO Bob Maresca profiled (from 2016)

As a private company, Bose does not report earnings, but there have been some hints beyond the impending store closings that suggest the company has been navigating choppy waters. True wireless earbuds like the AirPods Pro are among the hottest tech products on the market, and Bose had announced two new products in 2019 to fight back against Apple's growing dominance in the red-hot market segment.

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Bose has a third new product that it conveniently forgot to mention in its press release. It ’ s called the SoundWear Companion Speaker and it’ll set you back 9.95. Much like Atari’s ill-advised Speakerhat, the SoundWear Companion Speaker is essentially a personal loudspeaker that’ll surely

The Earbuds 500, originally due last year, and Noise-Cancelling Earbuds 700, which had been slated for 2020, are now both slated closer together. "The product development [for the Earbuds 500] has taken longer than anticipated and availability has been delayed until later this year," a Bose spokesperson told CNET, adding that the delay had been "compounded" by the coronavirus that's been sweeping through Asia and the rest of the world.

Read more: Where are Bose's new AirPods competitors?

Our favorite noise-cancelling headphones are cheaper than ever .
Earlier this month, Newegg discounted Sony's $350 WH-1000XM3 headphones down to $250. (Sale prices on the unit typically hover around $275.) Now, the electronics retailer is dropping the price even lower. At $238, the 1000XM3s are a great deal. Engadget gave the Bluetooth headphones an impressive score 94 thanks to their fantastic audio quality and great noise-cancelling performance, but noted that the price was a big downside. With a $112 discount, that's far less of an issue. Sony's WH-1000XM3 headphones rival those of Bose -- the de facto leader in noise-cancelling headphones.

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