Corporate Governance
Investor Portal and General Meetings
As a Shareholder, you have the option to use Penneo’s Investor Portal. In the Investor Portal, Shareholders can check the amount of shares they hold in Penneo. Shareholders who fill in their email addresses will receive electronic information from Penneo in the future. The Investor Portal can also be used for registration and proxy voting in relation to General Meetings, which Penneo encourages the Shareholders to make use of.
Guidelines & Policies
Corporate governance statement 2023
Policy of the underrepresented gender
Corporate governance statement 2022
Human Rights Policy
Environmental Policy
People & Social Policy
Anti-corruption & Anti-Bribery Policy
Data Ethics Policy
Corporate governance statement 2021
Corporate governance statement 2020
Stakeholder and governance policy
Tax policy
Management
Christian Stendevad
CEO (Chief Executive Officer)
CEO (Chief Executive Officer)
CEO since 18.08.2021
Profession: Chief Executive Officer at Penneo
Description: Christian Stendevad has solid experience within the digital identity and security space and in scaling SaaS businesses globally. Christian is an experienced leader who previously held a position as Chief Operating Officer in Omada. Christian has been with Omada for the past 17 years, where he successfully co-headed the international scaling and growth journey of Omada. Prior to Omada he held a position as Managing Consultant in PwC Consulting and IBM.
Educational background: Master in Engineering in Electronics, DTU
Christian Stendevad privately owns 21,554 shares in Penneo A/S.
Christian Stendevad privately holds 1,047,680 warrants in Penneo A/S
Casper Nielsen Christiansen
CFO (Chief Financial Officer)
CFO since 1.12.2018
Profession: Chief Financial Officer at Penneo
Description: Casper Christiansen has since 2018 been the key driver behind the development of structured financial processes in Penneo for improved financial insights regarding e.g. ongoing forecasting, SaaS metrics, profitability etc. In addition, Casper continuously supports the organization regarding the financial aspects of decision making – thus ensuring that all key decisions in Penneo are fact-based and in accordance with the financial situation. With the onboarding of Casper, all management accounting functions have been reallocated back to Penneo, and the financial team today comprises five people. Before joining Penneo, Casper Christiansen was CFO in SpotOn Marketing, where he played a key role in the disposal of the company to the private equity fund, Adelis.
Educational background: Graduate Diploma in Business Administration (Financial and Management Accounting), Copenhagen Business School
Casper Nielsen Christiansen owns 0 shares in Penneo A/S.
Casper Nielsen Christiansen privately holds 102,432 warrants in Penneo A/S.
André Clement
CCO (Chief Commercial Officer)
CCO (Chief Commercial Officer)
CCO since 9.01.2014
Profession: Chief Commercial Officer at Penneo
Description: André Schack is one of the co-founders of Penneo and has been a key factor in driving the Company forward. In addition, he has been able to provide Penneo with valuable insights from the auditing industry. André is a gifted salesperson, and with unique relationship management skills, André has played an important role in the high growth rates related to the attraction of new customers. In addition, André Schack plays a leading role in the European expansion as a vital part of Penneo’s task force, which primarily focuses on attracting Big10 firms across new European markets.
André Clement Schack owns 1,243,279 shares in Penneo A/S via André Clement Holding ApS.
André Clement privately holds 49,730 warrants in Penneo A/S.
Hans J. Skovgaard
CTPO (Chief Technical Product Officer)
CTPO (Chief Technical Product Officer)
CTPO since 1.01.2023
Profession: Chief Technical Product Officer at Penneo
Description: Hans J. Skovgaard has a solid expierence in creating high quality and high reliability software products with over 20 years of technology and software engineering leadership experience. He has a successful history of driving strategic planning, running operations, and advancing development initiatives in software companies.
Most recently, he has served as CTO and Vice President of R&D in Capture One, a company with more than 160 employees. Prior to this, he worked as VP for Engineering in Milestone Systems, a leading global provider of video management software. He has also held senior leadership positions in Microsoft and Mondosoft.
Educational background: M.Sc in Artificial intelligence, B.Sc in Computer Science, and holds an MBA from IMD.
Hans J. Skovgaard owns 160,000 shares in Penneo A/S via Brudegaarden Holding ApS.
Hans J. Skovgaard privately holds 100,000 warrants in Penneo A/S.
Board of Directors
Jostein Vik
Chairman of the Board
Chairman of the Board
Chairman since 10.04.2024
Profession: Partner, Viking Venture
Particular competencies in relation to Penneo A/S: B2B software, internationalization of software companies, digital identity services, experience as chairman and board member in multiple listed software companies.
Other key positions: Chairman of the Board in Heeros (listed in Helsinki), Chairman of the Board in FotoWare, Board Member in Keystone
Educational background: Masters Degree, Business Administration and Management, BI Norwegian Business School
Status: Independent of Company
Shareholding in Penneo A/S: Viking Venture 29 AS owns 3,050,000 shares in Penneo A/S.
Rikke Stampe Skov
Board Member
Board Member since 5.03.2021
Profession: CEO at Impero A/S
Particular competencies in relation to Penneo A/S: CEO (operational) experience, experience from the accounting profession (PwC), international scaling of SaaS companies.
Other key positions: Member of the Board of Representatives of Forenet Kredit
Educational background: Board Master Class (CBS), HD(O) (CBS), HA(jur.) (CBS)
Status: Independent of Company
Shareholding in Penneo A/S: Rikke Stampe Skov privately owns 1,615 shares in Penneo A/S.
Rikke Stampe Skov privately holds 27,613 warrants in Penneo A/S.
Eske Gunge
Board Member
Board member since 10.04.2024
Profession: Business angel investor and board member
Particular competencies in relation to Penneo A/S: CEO and founder of a startup/scaleup. Experience with international scaling of SaaS B2B, as well as multi-sales channels and Go-to-Market.
Other key positions: Board Member in WOBA.IO, Board Member in Pensure.dk, Board Member in Pleaz.io, Chairman of the Board for StaySeat.dk
Educational background: Masters Degree, IT (MSc, e-business) – IT University of Copenhagen (2002),
Executive Management Program – INSEAD (2010-2011)
Status: Independent of Company
Shareholding in Penneo A/S: Eske Gunge owns 4,944 shares in Penneo A/S through his holding company.
Morten Kenneth Elk
Board Member
Board Member
Board member since 14.09.2018
Profession: Professional board member and investor
Particular competencies in relation to Penneo A/S: CEO & founder (operational) experience: Devising strategies, start-up & scale-up experience.
Educational background: Ph.D. Physics, University of Copenhagen
Other key position: Chairman of the Board, Copyright Agent A/S
Chairman of the Board, My True Value ApS
Status: Independent of Company
Shareholding in Penneo A/S: Morten Kenneth Elk privately owns 301,250 shares in Penneo A/S.
Morten Kenneth Elk privately holds 8,108 warrants in Penneo A/S.
Kasper Behrens
Board Member
Board member since 10.04.2024
Profession: Strategic advisor – Executit Advisory (Executit.dk), Strategic advisor – Netic A/S (Trifork AG)
Particular competencies in relation to Penneo A/S: Experience with Penneo’s technical platform, product and customer segment. Deep insight in the customer side, the positioning in segments, and strategic architecture.
Educational background: Executive MBA – Aalborg University, Data engineer – Odense Teknikum
Status: Independent of Company
Shareholding in Penneo A/S: Kasper Behrens owns 10,822 shares in Penneo A/S
Auditor
