Jens Nilsson, 46, has been named d&b audiotechnik's CFO/MD, taking the reigns from 31-year veteran Kay Lange.

Backnang, Germany (December 20, 2017)—Jens Nilsson, 46, has been appointed chief financial officer and managing director for d&b audiotechnik. Nilsson assumes the role from Kay Lange, CFO at the company for the last 31 years.

The move is the latest in a string of management changes throughout d&b; last summer saw d&b audiotechnik US Group initate a series of changes as longtime US CEO Colin Beveridge announced his plan to retire.

Lange announced last year that he wanted to leave d&b in 2017 to spend more time with family—but only after a successor was found. CEO Amnon Harman noted, “We plan a secure handover for the next months,” and Lange has committed to be available for d&b until the end of 2018.

“Kay Lange’s contribution to the growth, successes and spirit of d&b audiotechnik can’t be valued highly enough; we owe him a lot,” said Harman: “We plan a secure handover for the next months.” Lange has committed to be fully available for d&b until the end of 2018.

Kay Lange, 58, joined d&b in 1986 as its 11 employee when the company was housed in a former furniture shop. Using his degree in Business Administration from the University of Stuttgart, he soon became the financial head of the start-up. In 1989, when the number of empolyees had risen to more than 20, Lange had three months to find a new location, and discovered the current Backnang location—still in use today as it houses more than 350 workers in an expanded 25,000-square-meter headquarters.

With the appointment, Nilsson becomes the third general manager of d&b audiotechnik, working alongside Harman and COO Markus Strohmeier. In the new role, Nilsson is responsible for Finance, Sales Finance, IT and Facility Management at d&b. Originally from Sweden, he has worked in Germany for more than 20 years and brings management experience from roles in Finance and Controlling, as well as Sales and Marketing. Previously, he was group chief financial officer at Knauf Insulation, a manufacturer with 1.6 billion Euros of annual revenue, and more than 5,500 employees worldwide. Nilsson graduated with a Business Sciences degree at the University of Gothenburg, and has a masters degree in Business Administration.

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