Milestone names new CFO

Rousoe brings experience from Lenovo and IBM


COPENHAGEN - 1st July 2009. Milestone Systems, the open platform company in IP video management software, has hired Kasper Boel Rousoe as Chief Financial Officer to bolster the focus on internal process optimization. He will ensure collaborations between HR and Finance, with the goal to build further on Milestone's market position as the global leader in its sector.

Kasper Boel Rousoe has been employed as of June 1st as Chief Financial Officer at Milestone Systems headquarters in Denmark. Kasper has extensive international experience in the IT and finance industries, coming from recent positions as Finance Director & CFO EMEA at Lenovo and CFO Personal Computing Nordic Region at IBM.

"I am very pleased that for our newly established CFO position, we've been able to get Kasper Boel Rousoe to expand our management team with such a strong profile. Kasper's background, personality and open enthusiasm will naturally support our leadership. He will focus on further optimization of our business foundation with his broad expertise in processes and procedures," states Milestone President & CEO Lars Thinggaard.

At Milestone Systems Rousoe will be accountable for the financial operations, in addition to the overall responsibility for the company's Human Resources group. Among other things, he will emphasize a focus on maximizing internal processes to further develop the already vigorous performance culture in Milestone Systems.

"In a short period of time Milestone Systems has grown significantly both in relation to market share and the number of employees. This puts new demands on the ways that staff work together to handle sales and service of customers in many countries while still harvesting all possible synergies. My responsibilities will be to ensure proper flow of information throughout the organization, connecting finance, the organization and processes so we all aspire towards shared goals to continue building on Milestone's healthy global market position," says the new Milestone CFO Kasper Boel Rousoe.

Rousoe's career has given him expertise in strategic as well as operational planning, implementing process improvements and focusing on cost efficiencies. He also has years of experience in streamlining strategic business plans. At Milestone Systems Rousoe will work towards even better collaborations between departments and facilities.

"I will work on developing processes and organizational development, more than traditional financial accounting tasks. Some of my goals include making HR more visible and highlighting Finance as a value-creating catalyst that contributes to increasing the effectiveness of the company. Milestone's employees are very competent and results-oriented – and the company definitely has the right product. Now we will boost our professional approach to the market even more to cement the leading market position Milestone has already achieved," concludes Rousoe.