IDEX Biometrics Appoints New Chief Financial Officer
Oslo, Norway, 31 May 2019: IDEX Biometrics ASA, the leading provider of advanced fingerprint identification and authentication solutions, has appointed Derek P. D’Antilio as Chief Financial Officer (“CFO”) with effect from 8 July 2019.
Mr D’Antilio has over twenty years of financial experience with some of the most recognizable companies, including PwC and Hewlett-Packard. He has held senior finance positions at high-growth US-listed technology companies with responsibility for global accounting and reporting, financial planning, treasury, tax and operations. Most recently, Derek served as VP of Finance for a global, high-growth, privatively held software company. Prior to that he spent 8 years leading the accounting and finance team of MKS Instruments, Inc., a publicly traded semiconductor equipment supplier that tripled in size to over 2 billion USD in revenue during his tenure. He will be based at IDEX’s Wilmington office in Boston, USA.
Stan Swearingen, CEO of IDEX Biometrics comments: “We are pleased to welcome Derek to our team, where he will have an immediate impact through his experienced leadership of our financial organization. He joins us at an ideal time as we prepare the company for commercial success.”
Erling Svela, VP of Finance at IDEX Biometrics, will act as interim CFO until Mr D’Antilio arrives.
For further information contact:
Stuart Hunt, Head of Investor Relations & Communications
+44 (0)1276 534 632
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is the leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.
For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.