Next Biometrics names Peter Heuman its new chief executive officer
Peter Heuman has been appointed chief executive officer of Next Biometrics effective September 16, 2019. Heuman will take over from Dan Cronin who has been interim CEO since former CEO Ritu Favre stepped down in May.
According to the announcement, Heuman brings 15 years of international management experience to the position. He previously held the position as CEO at Done Management & Systems AB and managing director mobile financial services at Ericsson. Heuman has also served on the Board of Directors of U.S.-based IT and operations technology company iConectiv and has acted as senior adviser for several European private equity firms.
Heuman holds a Master of Science degree in Information Technology and Industrial Management from Chalmers University of Technology and completed Executive Leadership education at Stanford University. He is a former professional cross-country skier and a medal-winning member of the Swedish National Ski team.
“Peter is a results-driven modern executive with a demonstrated track record of successfully growing several international businesses,” says Chairman Magnus Mandersson. “We are confident that he brings the level of strategic foresight, technological expertise, leadership and focus on our customer’s needs to drive Next Biometrics’ dedicated growth strategy forward.”
“I’m excited to be given the opportunity to serve as the new CEO of Next Biometrics,” adds Peter Heuman. “Next’s unique fingerprint sensor technology and the growth potential of its target markets provides the foundation to further scale the business and reach the Company’s true potential.”
Next Biometrics reported revenue of US$3.37 million in the second quarter of 2019, up 18 percent from the same period a year ago, amid increasing market activity and customer progress in India.