Bose Names MIT Alumnus Lila Snyder CEO

Tapping into the prestigious alumni pool of Amar Bose’s former school, Bose names MIT graduate Lila Snyder as first female CEO.

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After replacing CEO Phil Hess with president and COO Jim Scammon, Bose has moved in a new direction naming Lila Snyder as its new CEO.

Several media sites, including CNET, Engadget and the Worcester Business Journal are reporting that Snyder has become the well-known audio company’s highest ranking female executive.

Snyder has publicly confirmed the reports on the LinkedIn and Twitter social media sites.

“Excited to join an incredible Bose team that has been creating products and experiences that make people’s lives better for over 50 years,” the new Bose CEO writes on her LinkedIn page, which now lists CEO and member of the Board of Directors at Bose Corporation.

Snyder’s LinkedIn profile adds, “Have consistently worked at the intersection of technology, innovation and digital experiences to create meaningful customer impact. From McKinsey & Company, to Pitney Bowes and now Bose Corporation, I’ve been very lucky to work for values-based organizations with incredibly talented teams.”

Lila Snyder Brings MIT Pedigree to Bose

Just like Bose founder Amar Bose, Snyder is a graduate of the Massachusetts Institute of Technology (MIT). At MIT Snyder earned a masters and doctorate degree in mechanical engineering.

She also earned a bachelor’s degree in mechanical engineering from the University of Miami, and she spent the past several years at the commerce solutions company Pitney Bowes.

The corporate data and analytics company Dun & Bradstreet says Bose produces annual revenues of more than $2 billion per year. Over the past several months Bose’s stock price has fluctuated from approximately $30 to $40 per share, and earlier this year the company announced it would be closing 119 retail stores worldwide.

Since July the company’s stock price has stabilized to hover around the $40 per share mark.

Tweeting about her opportunity at Bose, Snyder says she will assume the position within the next couple of weeks., and she looks forward to the opportunity.

“Incredibly excited to join the team at Bose a the new CEO starting on September 1,” states Snyder.

“This incredible team has been creating products and experiences that make people’s lives better for over 50 years. Can’t wait to get started.”

The Tweet has already had about 50 replies showing enthusiastic support and congratulations, and Snyder offered thanks to several in reply.

About the Author

Robert Archer
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Robert Archer:

Bob is an audio enthusiast who has written about consumer electronics for various publications within Massachusetts before joining the staff of CE Pro in 2000. Bob is THX Level I certified, and he's also taken classes from the Imaging Science Foundation (ISF) and Home Acoustics Alliance (HAA). Bob has also served as the technology editor for CE Pro's sister publication Commercial Integrator. In his personal time beyond his family, he's studied guitar and music theory at Sarrin Music Studios in Wakefield, Mass., and he also studies Kyokushin karate at 5 Dragons and Brazilian jiu-jitsu at Binda Brazilian Jiu Jitsu.

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Audio/VideoHeadphonesHome TheaterSpeakers/SubwoofersNews

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Bose