SimCorp appoints new CFO SimCorp announces that it has

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
113
SimCorp appoints new CFO

SimCorp announces that it has appointed Michael Rosenvold, 49, as new Chief Financial Officer (CFO). Michael Rosenvold joins SimCorp’s Executive Management Board and will be responsible for leading the company’s global Finance, IT, Legal, Investor Relations and Procurement teams.

Michael joins SimCorp from engineering, design and consulting company Rambøll, where he has served as the group CFO since 2008. Prior to that, he held CFO and Investor Relations positions at the global facility services company, ISS. In the early part of his career, Michael served as accountant at Arthur Andersen in Copenhagen and Chicago for more than five years.

Commenting on the appointment of Michael Rosenvold, Chairman of SimCorp’s Board of Directors, Jesper Brandgaard, said: “I am delighted to welcome Michael as new CFO of SimCorp. Michael has already proven his worth in similar positions with other large international companies and I am convinced that his experience and performance-driven mindset will be an asset to SimCorp as we continue to grow.“

Michael Rosenvold will step into his new position no later than October 1, 2017. SimCorp’s current, interim CFO, Søren Strøm, will remain in his position at least until Michael Rosenvold has joined.

Michael Rosenvold’s remuneration in SimCorp is in accordance with the remuneration guidelines approved at the Annual General Meeting held on March 29, 2017. As part of the service agreement, Michael Rosenvold will as a non-recurring compensation be allocated restricted stock units comprising SimCorp shares with a total market value of DKK 5 million vesting over a period of 5 years. The restricted stock units are subject to Michael Rosenvold bering employed as CFO of SimCorp on the vesting dates. Further, the allocation of restricted stock units is subject to an investment by Michael Rosenvold in SimCorp shares prior to October 1, 2017 at a market price of at least DKK 2.5 million. 

Enquiries regarding this announcement should be addressed to:

Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)

Anders Crillesen, Group External Communications Manager, SimCorp A/S, (+45 3544 6474, +2779 1286)

Company Announcement no. 09/2017

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Automotive ECU Market Aims $160B by 2033

Updated Category News Views 1

Automotive ECUs Under the Spotlight Picture this: By 2033, the automotive ECU market is expected to balloon to a whopping $160.59 billion. That's some serious cash, and it ain't just pocket change. This $47 billion jump from 2026 isn't just happening by accident—it's got everything to do with high-octane changes in the industry. With a 5.1% CAGR, you best believe it's a...

Continue Reading
vivo and UNESCO Unite Youth for Nature Stories

Updated Category News Views 3

Young Creators Explore Nature Through a New Lens Pontremoli, Italy just became the backdrop for an extraordinary gathering of young visionaries. From August 31 to September 5, UNESCO’s Man and the Biosphere (MAB) Programme and vivo wrapped their 2026 Capture the Future initiative in the lush landscapes of the Appennino Tosco Emiliano Biosphere Reserve. It’s one thing...

Continue Reading
AXIS-Y: Global Expansion Fueled by KRW 430B Valuation

Updated Category News Views 2

Rewriting the Playbook in Global Skincare AXIS-Y decided to do things their way, not just because they could afford to, but because they believed in their vision. Their strategy defies the trends-driven tactics of this cutthroat beauty world. Instead, they’ve been all about climate-inspired products and vegan, cruelty-free standards. And now, after notching up some...

Continue Reading
Indiana Fire Safety: The Importance of Regular Inspections

Updated Category News Views 0

Everybody thinks of fire extinguishers as those red cans hanging quietly on walls, but there's more to them than meets the eye. In Central Indiana, these devices are a literal lifeline, and neglecting their upkeep is playing with fire—literally. What Makes Monthly Checks a Big Deal? Fire extinguishers aren't just there for decoration. They're critical safety gear. This...

Continue Reading
Sony Meets Hello Kitty: A Collector's Audio Dream

Updated Category News Views 1

Unlikely Duo in Consumer Electronics It's time to listen up, and I mean literally. Who would've thunk it? Sony teams up with Hello Kitty for a limited-edition headphone collection that could make both audiophiles and pop-culture fanatics turn their heads faster than a rollercoaster. Now, I may have seen my fair share of wacky collaborations in my day, but the camaraderie...

Continue Reading
Lyon Biennale 2026: Art, Dreams, and Lyon's Magic

Updated Category News Views 2

Unveiling the Art Spectacle in Lyon Alright, buckle up folks, because the 18th Lyon Biennale – Contemporary Art is about to take the stage in grand fashion. Starting on the 19th of September, this art fiesta is not just any exhibit; it's an eleven-venue citywide takeover that runs until the 13th of December, and it is poised to shake up the art scene like a good splash...

Continue Reading
Early Orders Key for Custom Kids' Gifts This Season

Updated Category News Views 1

Unwrap the Secret to Perfect Holiday Presents When it comes to giving the little ones something special for the holidays, the trick lies in timing. Not your run-of-the-mill timing, mind you—I'm talking about understanding how handcrafted, personalized toys can make or break the season. If you've ever scrambled for a last-minute gift, you know how that shaky feeling sets...

Continue Reading
Potensic's ATOM 3 Invites Drone Creators to 'See Beyond'

Updated Category News Views 3

Innovative Features of Potensic's New Drone Potensic decided to shake things up a bit this year at IFA Berlin, showcasing their new creation: the ATOM 3 drone. Under the theme "SEE BEYOND," Potensic’s message to creators was clear—there’s more to explore in the world of visual storytelling than meets the eye. This drone isn't just another gadget; it's an invitation...

Continue Reading
Huion Kamvas Pad 12: A Creative Power Tool

Updated Category News Views 3

The Kamvas Pad 12 Hits the Market In a crowded tablet market that's fierce with innovation, Huion tossed their latest tool into the ring—the Kamvas Pad 12. Now, anyone who’s been watching the digital art scene won't be surprised that Huion, with its decade and a half of digital prowess, is pulling another tablet trick out of its hat. Key Features and Innovations If...

Continue Reading
CalExitNow Fights Federal Interference in CA Elections

Updated Category News Views 2

California's Election Integrity: A Ticking Time Bomb Strap in for a bumpy ride, folks—California might soon find its electoral process caught in a Washington whirlwind. CalExitNow, the group advocating for California's independence, is sounding alarms about looming federal interventions that could shake the state's democratic foundations. The Federal Storm Rolling In...

Continue Reading

Top 5 Most Recently Viewed Articles

CEO Confidence: Understanding Dolphin Entertainment's Stock Moves

Updated Category News Views 114

CEO Insights: Motivation Behind Stock Accumulation In the world of investing, the actions of company insiders often speak louder than words. While public statements and press releases paint a picture, nothing quite conveys confidence like a CEO investing their own money into their company's stock. This trend is particularly evident at Dolphin Entertainment, where CEO...

Continue Reading
Insights on AR/VR Market Growth and Competitive Landscape

Updated Category News Views 130

Meta's Dominating Role in the AR/VR Market According to recent data, global shipments of AR/VR headsets have seen a remarkable rebound, marking a significant growth of 12.8%. After facing declines for two consecutive quarters, the industry is witnessing an upswing that can largely be attributed to the innovations and market strategies of a leading player: Meta. Market...

Continue Reading
Investigation into Fortinet, Inc.: Shareholder Concerns Rise

Updated Category News Views 263

Overview of the Investigation into Fortinet, Inc. Pomerantz LLP is currently conducting an investigation into Fortinet, Inc. (NASDAQ: FTNT), focusing on potential claims by investors. This inquiry aims to uncover any alleged involvement of the company's officers or directors in securities fraud or other unlawful business practices that may affect shareholder interests....

Continue Reading
Umicore Reports Key Shareholding Changes from Bank of America

Updated Category News Views 252

Notification from Bank of America Corporation to Umicore Umicore has received a transparency notification from Bank of America Corporation that highlights a critical change in their shareholding structure. This notification, dictated by legal obligations regarding significant ownership stakes, reveals that Bank of America has surpassed the 3% threshold in its direct...

Continue Reading
Aalberts N.V. Posts Q3 2025 Financial Results and Outlook

Updated Category News Views 330

Aalberts N.V. Financial Overview for Third Quarter 2025 Aalberts N.V. has reported its financial results for the third quarter of 2025, showcasing a total revenue of EUR 772.5 million. This reflects a 1.9% organic revenue decline compared to the same period last year. The company also achieved an EBITA of EUR 96.3 million, which corresponds to a margin of 12.5%. Market...

Continue Reading