Precise Biometrics Chief Financial Officer Announces Departure

Precise Biometrics‘ Chief Financial Officer is stepping down, the company has announced.

Precise Biometrics Chief Financial Officer Announces DepartureTommy Nilsson originally took on the role on an interim basis, after previous CFO Bo-Göran Jaxelius unexpectedly announced his departure from the company in April of last year, citing family reasons. Having taken the position that May, Nilsson was officially made Precise Biometrics’ permanent CFO the following September.

Now, almost exactly a year afterwards, Tommy Nilsson is stepping down “for personal reasons,” according to a statement from the company. Commenting on Nilsson’s departure, Precise Biometrics CEO Håkan Persson said, “I am sorry to see Tommy leaving Precise Biometrics, but understand and respect his decision.”

Nilsson’s announcement comes at a propitious time for the company, which has seen net sales rise by 176 percent over the last 12 months, according to its recent Q2 update. He is expected to stay on in his role until the company finds a replacement.

September 6, 2016 – by Alex Perala