Precise Biometrics appoints new CEO

Precise Biometrics has appointed Stefan K Persson CEO. Current CEO Håkan Persson has resigned effective immediately.

Stefan K Persson is currently an EVP with the Bang Olufsen Group and will assume his new position by August 1, 2018. Until then Göran Thuresson, CFO, be acting CEO with Torgny Hellström as Executive Chairman.

“I am very pleased to be part of Precise Biometrics future journey and drive the company to the next level,” said Persson. “Biometrics is an extremely interesting area and there are many opportunities for us to be part of the growth in this business. I’m looking forward to start with the team as soon as possible.”

Persson has long standing experience from developing tech companies with a focus on consumer products. Prior to Bang & Olufsen, he had a long career at Sony Ericsson as head of accessories and as head of development in China. Persson is also a member of the Board of Directors in Terranet AB.

“… the Board of Directors has found a very suitable leader for the next phase in the company’s development,” commented Hellström. “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.”

Precise Biometrics announced today that Precise BioMatch Embedded was deployed in a biometric payment card market trial in the USA.

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