Fingerprint Cards Appoints Jorgen Lantto as Chief Executive
May 25 2015 - 3:03AM
Dow Jones News
By Charles Duxbury
STOCKHOLM--Swedish fingerprint technology company Fingerprint
Cards AB (FING-B.SK) Monday named Jorgen Lantto as its new chief
executive officer, replacing Johan Carlstrom who has led the
company since 2009.
Mr. Lantto has been acting CEO since September 2014 having been
recruited to the company as chief technology officer in December
2012.
Mr. Carlstrom is to remain with Fingerprint Cards and focus on
business development, the company said.
Fingerprint cards has pursued rapid growth over recent years and
sales increased under Mr. Carlstrom from 27 million kronor ($3.2
million) to a forecast of SEK1.5 billion for 2015. Staff numbers
have risen from 13 to 180 under his leadership.
The company raised its revenue guidance as recently as last week
after orders for its products rose faster than expected.
Write to Charles Duxbury at charles.duxbury@wsj.com; Twitter:
@WSJNordics