The Board of Directors in Precise Biometrics has appointed Stefan K Persson to new CEO. Stefan K Persson is Executive Vice President BO Home within the Bang Olufsen Group. Stefan will assume his new position at the latest on August 1, 2018 and until then will Göran Thuresson, CFO, be acting CEO and Torgny Hellström Executive Chairman.

Current CEO Håkan Persson resigns with effect from January 15, 2018. Stefan K Persson has long standing experience from developing tech companies with focus on consumer products. Stefan joins from Bang & Olufsen where he as Chief Operating Officer has renewed the product portfolio, digitized the company and strongly contributed to the company's improved results.

Stefan K Persson is also a member of the Board of Directors in Terranet AB.