Fingerprint Cards has announced that Johan Carlström has stepped down as chief executive officer of the company in order to focus on business development within the company. The Board has appointed Jörgen Lantto as the new CEO of the company.Urban Fagerstedt, chairman of the Board of Fingerprint Cards, says: "Johan Carlström was appointed CEO of FPC in May 2009. Under Johan's leadership, FPC has developed from a small development company with one product (area sensor) in one market (banks in China) into its current position as the world-leading supplier of fingerprint sensors for the global mobile industry. During Johan's time as CEO of FPC, sales have increased from SEK 27 M to the forecast for the current year of more than SEK 1,500 M. The members of staff have risen from 13 to more than 180 and the company's market capitalisation has increased by 7,300% to today's SEK 5.3 billion.Over the years, Johan has implemented capital procurement programmes totalling nearly SEK 500 M, a prerequisite for FPC's ability to develop in this positive manner. Accordingly, I would like to thank Johan Carlström for his leadership, visions, drive and passion for the company, which have made the journey that we have now embarked upon possible."Johan Carlström says: "I have decided to step down as CEO and instead concentrate on business development in the company's future growth areas. I want to thank the Board of Directors for their confidence in me and the huge privilege of leading FPC in the amazing development seen in recent years and which I am convinced will continue in the years ahead. I have complete confidence in the competent team that will now lead FPC and I am certain that we are now seeing only the dawn of a new Swedish global company."
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