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Christian Stendevad will take up the position as CEO of Penneo on 18 August 2021

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Company Announcement No. 18-2021
Copenhagen, 9 August 2021

Christian Stendevad will take up the position as CEO of Penneo on 18 August 2021. Christian Stendevad succeeds Nicolaj Højer Nielsen who will step down as Interim CEO. Nicolaj Højer Nielsen will present the Interim report on the date of publication 27 August 2021 and will be available for queries until 1 September 2021. 

As announced in Company Announcement no. 5-2021, Christian Stendevad was appointed CEO of Penneo and would take up the position no later than 1 October 2021. 

Christian Sagild, Chairman of the Board comments: ”We are pleased to welcome Christian Stendevad to Penneo. Christian Stendevad will draw on his industry experience from successfully co-heading Omada's international growth journey for the past 17 years, to ensure the execution of our expansion strategy. I and the rest of the Board would like to thank Nicolaj Højer Nielsen for his contribution as Interim CEO.”

Nicolaj Højer Nielsen, Interim CEO comments: ”Christian Stendevad has significant execution and management expertise, and I am convinced that he will take Penneo to new frontiers with the rest of the Penneo team. I want to thank the Board and the Penneo team for a great collaboration, both as board member and Interim CEO.”

Christian Stendevad comments: "I am excited that my first day at Penneo is approaching. I look forward to teaming up with management and the rest of the entire Penneo team to further execute the strategy and realize our growth ambitions."

Consequently, the Executive Board of Penneo is comprised of:

  • CEO, Christian Stendevad
  • CTO, Jan Flora

Further information
Chairman of the Board, Christian Sagild
Mobile (+45) 21 41 04 87

Christian Stendevad
Mobile (+45) 27 29 50 02

Certified Advisor
Grant Thornton, Jesper Skaarup Vestergaard
Direct (+45) 35 27 50 11, Mobile (+45) 31 79 90 00

About Penneo A/S
Penneo A/S (Penneo) is a Software-as-a-Service (SaaS) company, originally focused on delivering the digital pen (Penneo = new pen) back in 2014. Today, Penneo has evolved into an eco-system of automated solutions that digitizes company workflows related to the onboarding of customers (KYC), as well as signing and management of documents in a secure and easy way. The Company offers a RegTech solution that helps companies comply with regulations in an efficient and inexpensive manner. Penneo has a strong position in the Nordic countries and in Denmark, where more than 620,000 persons used Penneo’s workflow in 2020.

For information about Penneo, please visit https://penneo.com/investors/
 

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