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Beats appoints Matthew Costello as COO
By Andy Malt | Published on Thursday 7 November 2013
Beats Electronics has a new COO, everyone. And he is Matthew Costello, who was previously Head Of Group Strategic Development for IKEA. Though it’s not his way with Swedish furniture that got him the job. Prior to that he was COO at HTC and facilitated the mobile manufacturer’s investment in Beats back in 2011. Presumably bosses at the Beats company are hoping Costello can bring in some more big cash investment from companies who then start selling their shares back shortly afterwards.
Announcing the appointment, Beats President Luke Wood said: “I’ve known Matt a long time and have had the pleasure of working with him in multiple capacities over the years. His credentials and experience as an operations leader who can help drive innovation and support growth in a global organisation speak for themselves. I’m thrilled that we were able to recruit him to join us as we take Beats to the next level”.
Costello added: “Beats is one of those rare opportunities where I can bring both my professional expertise and personal passions to work every day. I am impressed by what this executive team has accomplished with this company to date, and even more fascinated by their vision for the future of premium audio and consumer electronics”.
