New CEO for Precise Biometrics appointed

The Board of Directors in Precise Biometrics has today appointed Stefan K Persson to new CEO. Stefan K Persson is today Executive Vice President BO Home within the Bang Olufsen Group. Stefan will assume his new position at the latest on August 1, 2018 and until then will Göran Thuresson, CFO, be acting CEO and Torgny Hellström Executive Chairman. Current CEO Håkan Persson resigns with immediate effect. 

”With Stefan’s strong business background and proven leadership skills, the Board of Directors has found a very suitable leader for the next phase in the company’s development. Precise Biometrics will further intensify its efforts to increase biometric usage, and Stefan with his long experience from business development in tech companies and extensive experience from China is the right person to lead the company into the next phase”, says Torgny Hellström, Executive Chairman of the Board of Directors.

“I am very pleased to be part of Precise Biometrics future journey and drive the company to the next level. Biometrics is an extremely interesting area and there are many opportunities for us to be part of the growth in this business. We will see many more applications and areas where biometrics will play a decisive role for identification. I’m looking forward to start with the team as soon as possible”, says Stefan K Persson.

”Håkan has during his time as CEO reshaped Precise Biometrics to a largely new company, and we thank him for his significant contributions”, continues Torgny Hellström.

Stefan K Persson has long standing experience from developing tech companies with focus on consumer products. Stefan joins from Bang & Olufsen where he as Chief Operating Officer has renewed the product portfolio, digitized the company and strongly contributed to the company’s improved results. He last had the position as business area manager of BO Home.

Before then, Stefan had a long career at Sony Ericsson, as head of accessories, and as head of development in China. Stefan K Persson is also a member of the Board of Directors in Terranet AB. 

FOR FURTHER INFORMATION, PLEASE CONTACT
Torgny Hellström, Chairman of the Board
Telephone: +46 733 45 13 00
E-mail:
 torgny.hellstrom@precisebiometrics.com 

ABOUT PRECISE BIOMETRICS
Precise Biometrics is a market-leading supplier of solutions for convenient and secure authentication of people’s identity. We develop and sell fingerprint software and mobile smart card readers that provide the market’s best user experience and security. Our solutions are used hundreds of millions of times every day by people all over the world and are marketed together with strong business partners. For more information, please visit
https://precisebiometrics.com Follow us on LinkedIn and Twitter.

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Precise Biometrics is a market-leading provider of solutions for fingerprint recognition to prove people's identities. With top-of-the-line expertise in fingerprint verification, Precise Biometrics offers fast, accurate and secure authentication of a person. The technology adds value to ID, enterprise and bank cards as well as access to mobile solutions (smart phones and tablets), computers and networks. Precise Biometrics serves business and government organizations throughout the world and its technology is licensed to close to 160 million users. For more information, please visit www.precisebiometrics.com

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