Kitchener, Ontario (December 8, 2003)–Anders Fauerskov, CEO of TC Group, announced a company restructure of Tannoy North America on Friday, December 5. This change is designed to position Tannoy’s North American operations to be more customer-focused and take advantage of synergies within Tannoy’s operations worldwide.
According to Fauerskov, “The primary objective of this change is to re-establish direct communication and coordination between Tannoy North America and Tannoy’s headquarters in Scotland. By solidifying the companies’ efforts, we are better able to take advantage of shared expertise and resources.”
As part of this change, long time TNA COO, Bill Calma, has agreed to step down. Fauerskov lauded Calma for his more than 23 years of distinguished service at Tannoy, citing specifically Calma’s leadership and unwavering spirit. Fauerskov further underscored the need for this change.
“While all indications are that the economy is rebounding,” Calma noted, “TC Group’s continued success will largely depend on the organization’s ability to reduce overall spending by eliminating redundancies, maintain a high level of flexibility, focus on our speed of response to customers’ needs and apply all available resources to developing our core products.”
Tannoy North America/TC Group