Bang & Olufsen, chairman of the board, Ole Andersen, is on Tuesday died, informs the company.

Ole Andersen has previously held several prominent positions in the Danish business community.

among other things He has previously been chairman of the board of Danske Bank.

Ole Andersen was 63 years old.

Vice president of Bang & Olufsen’s board of directors Juha Christensen says in the company’s announcement:

‘It is with great sadness that we received the notification of joe’s untimely death. It has been a privilege to work together with Ole, and we thank him for his great contribution to Bang & Olufsen for the last many years.’

‘Our thoughts and condolences are with brian’s family and friends at this very difficult time.’

the B&O does not disclose anything about the cause of death.