Heine Thorsgaard Joins Sivers Semiconductors as CFO to Lead Growth

Heine Thorsgaard Takes the Helm as CFO of Sivers Semiconductors
Key Appointment Enhances Sivers' Growth Potential
Sivers Semiconductors AB (SIVE.ST), a leading force in photonics and wireless technologies, has appointed Heine Thorsgaard as the Chief Financial Officer. This strategic move is aimed at fortifying the company's financial leadership and direction during a transformative phase.
Heine Thorsgaard, who previously served as the CFO at Napatech, where he led financial initiatives since 2018, brings a wealth of experience to Sivers. Napatech specializes in high-speed, programmable network interface cards focused on optimizing performance in real-time environments, crucial for sectors like cybersecurity and data centers.
Vickram Vathulya, CEO of Sivers, expressed enthusiasm about this appointment, highlighting Heine’s extensive background in strategic finance, operational strategies, mergers and acquisitions, and investor relations. “We appreciate Lottie Saks for her unwavering dedication and contributions during her tenure, and wish her well in her future endeavors,” he shared.
Expressing his excitement about joining the Sivers team, Heine emphasized the strategic importance of this phase in the company's journey. He acknowledged the promise of Sivers' innovative technologies and their impact in creating scalable and sustainable value. He aims to leverage his expertise to drive future growth and ensure long-term success, enhancing shareholder value.
Beyond his role at Napatech, Heine boasts over 15 years of leadership in finance across various sectors, particularly in IT and technology. His educational background includes a PhD and a Master's degree in Finance from Copenhagen University, complemented by a Master's in International Business from Roskilde University.
Lottie Saks will facilitate a seamless transition of responsibilities as she steps down as CFO, ensuring continuity during this pivotal change.
About Sivers Semiconductors
Sivers Semiconductors is at the forefront of creating a more sustainable data economy through its cutting-edge energy-efficient photonics and wireless solutions. The company's advanced high-precision laser and RF beamformer technologies are instrumental in helping clients in critical markets—like AI datacenters, satellite communications (SATCOM), defense, and telecommunications—address performance challenges while minimizing environmental impact.
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Company Contact
Vickram Vathulya
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Frequently Asked Questions
1. Who is the new CFO of Sivers Semiconductors?
Heine Thorsgaard has been appointed as the new CFO of Sivers Semiconductors.
2. What previous experience does Heine Thorsgaard bring?
Heine previously served as the CFO at Napatech and has over 15 years of experience in finance across various sectors.
3. What is the significance of this appointment?
This appointment is expected to enhance Sivers Semiconductors' strategic financial leadership, supporting future growth.
4. How does Sivers Semiconductors contribute to a greener economy?
Sivers develops energy-efficient photonics and wireless solutions to reduce environmental footprints while addressing performance challenges.
5. Who will assist in the transition to Heine Thorsgaard's leadership?
Lottie Saks will remain to facilitate a smooth transition during Heine's onboarding as the new CFO.
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