Christian Stendevad
Christian Stendevad
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
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 52,500 shares in Penneo A/S.

Casper Nielsen Christiansen privately holds 102,432 warrants in Penneo A/S.

André Clement
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 Skovgaard
Hans J. Skovgaard
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 150,000 shares in Penneo A/S via Brudegaarden Holding ApS.

Hans J. Skovgaard privately holds 100,000 warrants in Penneo A/S.

Board of Directors

Christian Sagild
Christian Sagild
Chairman of the Board

Chairman since 28.04.2021

Profession: Professional board member

Description: Christian Sagild is currently the Chairman of Nordic Solar A/S, Deputy Chairman of Ambu A/S, and member of the Board of Directors in Royal Unibrew A/S. He was the CEO of Topdanmark A/S between 2009-2017. His areas of expertise are capital markets, managing public companies, stakeholder and reputation management, and complex framework management.

Other key positions: Chairman of the Remuneration and Nomination committee and member of the Audit and Risk Committee in Nordic Solar A/S, Member of the Audit Committee of Ambu A/S, Chairman of the Audit Committee of Royal Unibrew A/S

Educational background: Actuary, cand. act. , University of Copenhagen

Independent of Company

Christian Sagild privately owns 200,000 shares in Penneo A/S.

Christian Sagild privately holds 846,682 warrants in Penneo A/S.

Rikke Stampe Skov
Board Member

Board Member since 5.03.2021

Profession: CEO at Impero A/S

Description: Rikke Stampe Skov is the CEO of Impero A/S, a position, which she has held since June 2018. Prior to joining Impero, Rikke Stampe Skov worked as a partner in PwC co-chairing the Risk Assurance Services service line, and later as a partner with Odgers Berndtson. Before this, Rikke co-founded the IT security consulting company, Protego. Rikke Stampe Skov’s long career also includes positions with Maersk, ISS, and Siemens. She also serves as a board advisor with several organizations.

Other key positions: CEO at Impero, Chairman of the Board at Union Bulk, member of the Board of Representatives at Forenet Kredit

Educational background: Board Master Class (CBS), HD(O) (CBS), HA(jur.) (CBS)

Independent of Company

Rikke Stampe Skov privately owns 1,615 shares in Penneo A/S.

Rikke Stampe Skov privately holds 27,613 warrants in Penneo A/S.

Steffen Peter Anker Heegaard

Steffen Heegaard
Board Member

Board member since 27.04.2022

Profession: Professional board member

Description: Steffen Heegaard has more than 30 years of experience within capital market communication, investor relations and ESG, primarily from Topdanmark. He was Head of Investor Relations, Communications and ESG, Executive Vice President at Topdanmark from 1999-2021 and has now transitioned into a board career.

Other key positions: Board member at Luxor A/S, Chairman of the Board of Directors at Flowering ApS, Chairman of the Board of Directors at Janica A/S, Board member at HC Andersen Capital

Educational background: Cand.merc.fir, Copenhagen Business School (CBS); Board Leadership Masterclass, Copenhagen Business School (CBS)

Independent of Company

Steffen Heegaard owns 60,918 shares in Penneo A/S.

Steffen Heegaard privately holds 23,108 warrants in Penneo A/S.

Morten Kenneth Elk
Morten Kenneth Elk
Board Member

Board member since 14.09.2018

Profession: Professional board member and investor

Description: Morten Elk is a serial entrepreneur, board member, and business angel. He began his career in 1997 after leaving a postdoctoral position in Physics to co-found what became a leading Danish digital agency. In 2003, Morten Elk co-founded SimpleSite, a global player in the DIY website building field. The company was exited to Group. One in 2022. Morten Elk has invested in several start-ups and holds board and chairman positions in a number of them. He is also the initiator behind the event series Nordic Growth Hackers where members from the tech community in Copenhagen come together to share growth experiences and tactics.

Educational background: Ph.D. Physics, University of Copenhagen

Independent of Company

Morten Kenneth Elk privately owns 301,250 shares in Penneo A/S.

Morten Kenneth Elk privately holds 8,108 warrants in Penneo A/S.

Jakob Neua N
Jakob Neua Nørgaard
Board Member

Board member since 29.03.2023

Profession: CEO & Co-founder Estaldo ApS

Description: Jakob Neua Nørgaard is a co-founder of Penneo A/S and co-founder of Justworks. He is also the co-founder of Estaldo ApS where he is currently CEO. He is very familiar with Penneo’s technology platform and the company’s product offering and customer segments in general. Furthermore, he possesses deep regulatory insight in eIDAS, electronic signatures, and the field related to KYC/AML. He also has extensive experience with the commercial development of new software solutions and technology platforms.

Educational background: Autodidact

Jakob Neua Nørgaard owns 598,355 shares in Penneo A/S via Neua Holding ApS.

Jakob Neua Nørgaard privately holds 8,108 warrants in Penneo A/S.


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