Wednesday, November 15th 2017
EK Water Blocks Parts Ways with Top Management
In what is an unexpected piece of news, TechPowerUp learned from multiple sources both inside and out of the company that EK Water Blocks have had an estrangement from the majority of their top management including their CEO of over four years. This is an extremely important personnel change that can affect the landscape of the PC DIY water cooling market given the brand presence that EKWB has. We contacted said group including Mark Tanko, the CEO, Niko Tivadar, the CTO, and Andrej P. Škraba, the Head of Marketing, who confirmed they are all no longer affiliated with EKWB and they provided a statement seen below. We were also able to confirm this directly from the owner/founder of the company who is currently acting in the CEO role, and who has also provided a statement as seen past the break.
The statement from the former top management reads:
We can confirm that there has been leadership change at EKWB. As a result core management team consisting of CEO, CTO and Head of Marketing has left the company. We respect the decision of the owner to go in different direction. Our views on how to further develop and grow the niche and company were not compatible anymore. - Mark Tanko
At this point, we contacted EKWB for clarification and were answered by Edvard König himself who founded the company over a decade ago. He acknowledged the contributions of everyone who parted ways, and confirmed he is acting as the CEO with support from others who have remained with the company since its inception. The author's understanding was that EKWB's day-to-day operation was handled primarily by those no longer with the company and thus a chain of emails followed asking about the company's vision and how this would affect what is arguably the largest brand in this niche market today. In particular, EKWB had taken upon themselves to expand beyond PC DIY water cooling with copper-based components and released a quick-connect system-based AIO cooler system (EK-XLC Predator) and an all-aluminum, lower cost sub-brand titled EK Fluid Gaming. The former went EOL earlier this year, with a replacement "MLC" system announced in January but without release yet and the latter had only just come to market when this news broke out. Noting this is a sensitive topic, we received a statement in return from EKWB which is seen below:
CHANGES IN EKWB: New management and new executionIt is possible these products were in development and slated for release prior to the personnel change, but knowing there is a concrete plan to fulfill announcements helps soothe some fears no doubt. Statements and PR aside, it remains puzzling what the specific differences in company vision were when the company was seemingly having some of its best years yet. For what it is worth, at least based on my communication with the new team so far, things appear to be settling down to a rhythm again with new additions to the company happening, including PC modder Daniel "B Negative" Harper who himself had a short stint with the company earlier. Time will tell how things end up, and also where the estranged group find themselves next, all of which we will definitely keep an eye on.
Fast growing company EKWB has new CEO and CTO. Executive powers were taken over by Edvard König, founder and owner, and Matjaz Krc, his business partner from the start, business angel and veteran in turnaround management. The reason behind owners decision was that views on execution of company's vision grew apart and changes were necessary for future growth and adaptation to new and fast market challenges. The company has currently 90 employees, from that 15 people in top and middle management and 7 in R&D.
Changes are opening the door for faster execution and more reliable launch of new products which was one of the biggest complaints from the market. Biggest changes are happening in two main areas: R&D and communication. The former needs to improve and that is why it is in revision and development. Regarding R&D we want to point out that the development team is already strong and EKWB is in the middle of its expansion - internally and with external partners - which will considerably accelerate the pace of development of new products. Strict project management will be put in place to manage time plans accordingly. EKWB's main advantage and basis for company's success was always the whole team and this is our core and pride. EKWB is putting a lot of effort in creating environment where the world's top talent can do the best work of their lives.
So, what is new at EKWB? At the moment everything goes according to project plans. There will be a lot of new exciting products for our users launched. Let us just share this year's launches, most of them will come already until end of November:
- Long awaited EK MLC Phoenix is set to launch until 24th of November in a limited edition version.
- EK-KIT A240R - Fluid Gaming expansion kit with Vega Full Cover water block until end of this month.
- EK-AC Radeon Vega Fluid Gaming expansion full cover water block
- EK-M.2 NVMe Heatsink Red, Blue, Green, Purple
- EK-FB ASRock X299 RGB Monoblock (Fits 5 motherboards!)
- EK-FB GA X399 GAMING RGB Monoblock
- EK-FB MSI X399 GAMING PRO CARBON RGB Monoblock
- EK-FB ASRock X399 RGB Monoblock
24 Comments on EK Water Blocks Parts Ways with Top Management
yes , company need new ideas and direction to heavy future
Learnt... lol must be British. :)
Changed to "learned" so it fits better with the rest in US English. Thanks for catching it :)
Bitspower has taken over a lot of projects from EK recently because EK spend their time (And resources) in other projects.
With BP seemingly more than half-decent on the execution side, a lot of people haven't even croaked about EK, check the X299, Z370, X399 CPU/monoblocks being used right now in the modding community, BP has enjoyed their time as a "premier" partner with MB and GPU manufacturers, time for EK to step up to the competition.
yes , company need new ideas and direction to heavy future"
You obviously never had a custom loop or are too ignorant. A well designed and executed custom loop is still a lot more efficient and powerful not to mention that since it is custom it can cool any component in your system as long as there is a fitting cooling plate/block. As for being more reliable I have to laugh...it's an ice joke. Ohh and did I mention noise - there was no single AIO I had experience with that did not produce some pump noise/wear after a certain time.
Actually EK's Gaming Fluid systems are also comparable in price to AIO systems.
So I agree.
EK's GPU blocks are top notch and nothing so far comes close, for the threadripper blocks it's not great but all other blocks should be perfectly fine and outperform all AIO's by a good margin.
I have a AIO and a custom Loop using EK pump which is absolutely 100% silent (mobo\gpu coils make more noise!)
For most of my radiators and waterblocks I went with EK as I ended up going for the looks of the waterblocks and the nice rectilinear lines of the Coolstream radiators.
I was a bit disappointed in their quality for the most part as I have RMA'd 3 times for 5 separate orders. Though they were quick to replace them I hope this change will provide better quality in the long run.
Now, when that happened, if they didn't change things, and denied replacements for it, that'd be a problem, but I think EK handled all of that pretty well for all parties involved.
~Ceadder :toast:
AIOs are fine an all due to their price v. performance aspect. But they aren't at a place where a user would chuck a custom loop to go backward in performance. Also their limitation is the length of tubing making mounting options limited in most Cases(system, not scenario) as well as their short lifespan.
If you like them cool. But please stick to what you know and think before you call down the wrath of the custom loop gods upon ye. :nutkick:
~Ceadder :toast: ... dang, no drink smiley icon. :cry:
~Ceadder :toast: