Fingerprint Changes CEO to Spur Growth After Stock Plateaus
- Sensor maker looking to expand beyond smartphones, tablets
- Stock down this year after soaring 1,600 percent in 2015
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Fingerprint Cards AB named Christian Fredrikson chief executive officer as the maker of biometric sensors for mobile phones and tablets seeks expansion, looking to spur growth and revive a stock that’s sputtering after soaring last year.
Fredrikson is currently CEO of Finnish data-security company F-Secure Oyj and has held several leading positions at Nokia Oyj’s networks division, Fingerprint Cards said in a statement Thursday. Joergen Lantto will remain CEO of Fingerprint Cards until Fredrikson takes up his role in August.