Demant appoints Bassel Rifai as President of Hearing Aids
He joined on June 1 and will also serve on the Executive Leadership Team, allowing Søren Nielsen to focus as CEO.
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Global hearing healthcare and audio technology group
demant.comLast updated
In short: Demant reported strong early 2026 growth and strategic restructuring following the acquisition of KIND and the divestment of its EPOS arm.
He joined on June 1 and will also serve on the Executive Leadership Team, allowing Søren Nielsen to focus as CEO.
Bassel Rifai joins as President of Hearing Aids from 1 June 2026. Søren Nielsen focuses on CEO role after Demant's growth.
CEO Søren Nielsen highlights 6% organic revenue growth, impact of OticonZeal hearing aids, and contributions from all business areas. He outlines positioning for coming months.
Grason-Stadler launches the PC-based AudioSol, developed with Kaiser Permanente, combining clinical accuracy with flexible modern workflow. It addresses real-world clinical needs.
07:47 SEB raises Demant's target price to 330 Danish crowns (285), maintains buy recommendation FW 24/07 Handelsbanken raises target price...
Financial house Bernstein has lowered its recommendation of the Danish hearing aid company Demant. This is shown by data from Bloomberg Friday morning. Thus, the financial house now has an equal-weight recommendation of...
Demant will deliver another strong quarter. That is the assessment of Falko Friedrichs, an analyst at Deutsche Bank. He expects that Demant will come...
The new hearing aid 'Zeal' from Demant has taken the market by storm. Therefore, the big question now is when we will get an upgrade of the financial...
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