Two Senior Executives to Depart FPC

Two senior executives are departing Fingerprint Cards as the company moves forward from the end of a challenging fiscal year.

Hassan Tabrizi joined the company a little less than a year ago, acting as its interim Chief Financial Officer as FPC navigated an increasingly competitive mobile fingerprint sensor market with diminishing margins. In a statement, FPC indicated that Tabrizi will depart his position on June 6th “on his own initiative, for a new assignment outside the company.” Commenting on the move, FPC CEO Christian Fredrikson said Tabrizi’s “dedication in his interim role has been valuable during an intensive period.”

Tabrizi will be replaced by Pernilla Lindén, who will become FPC’s CFO effective June 7th. Lindén comes to the company from a role as VP of Commercial Finance at Mölnlycke Health Care, where she acted as CFO before taking on the position of VP.

Also departing from FPC is Jan Johannesson, the company’s Senior VP of Strategy and Corporate Development, and a member of FPC’s executive management team since 2013. FPC says Johannesson is leaving the company “to pursue other opportunities,” with Fredrikson attesting that he “has been valuable for the company during his many years, especially as a contributor to the development of Fingerprints long-term strategy as well as important acquisitions and licensing deals.” Johannesson will leave the company on June 30th, with his replacement yet to be named.

The developments come in the same week as FPC’s announcement that it is developing facial recognition technology aimed at complementing its fingerprint and iris recognition solutions.