High performance loudspeaker manufacturer Bowers and Wilkins (B&W) sent a letter to their dealers last week addressing issues that have arisen recently, especially as they pertain to the management of the company. As is often the case with this company, the letter answered some questions…but raised others.
Maybe you’ve heard the buzz about a major shake-up taking place at B&W. Reports out of the U.K. say that Gideon Yu, Greg Lee, David Liu and others have all stepped down from the Board of Directors. There is a link being passed around to a web page for the “Companies House,” which is a government-connected registrar of companies and corporations. The link goes to a page which indicates that several B&W executives and directors have “resigned” their positions. So just what is going on?