New CFO joins ScandiNova Systems

UPPSALA, SWEDEN, AUGUST 20, 2018, SCANDINOVA SYSTEMS AB, A WORLD-LEADER IN NEW-GENERATION PULSED-POWER SYSTEMS TODAY ANNOUNCED THAT RICHARD HALLSTRÖM HAS BEEN APPOINTED NEW CHIEF FINANCIAL OFFICER. RICHARD WILL REPORT DIRECTLY TO FREDRIK MELLA, CEO, AND BE PART OF THE EXECUTIVE MANAGEMENT TEAM.

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In this role Richard will be responsible for all of the company’s financial management strategies, business controlling, financial accounting, tax, investor relations and treasury activities, required to support continued growth.

Richard has more than 20 years of experience from various managerial positions in Finance within international companies, mainly from the Life Science and Automotive industries.

Prior to joining ScandiNova, Richard served as the VP Finance for the Global Stoneridge Electronics Division with footprint in the regions of EU, North America and Asia Pacific. Stoneridge is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems principally for the automotive industry. Prior to that, he held a role as Finance Director, Nordic area at Tyco Healthcare.

“Richards’s impressive background from similar industries in an international environment makes him a perfect fit for our company as we enter our next step in growth to become the leading global supplier of pulsed power systems” said ScandiNova CEO Fredrik Mella. “We welcome him to ScandiNova and the management team”

“I am really excited to join ScandiNova Systems and looking forward to participate in a growth journey with a Swedish based international High Tech company at a critical stage of take-off”, said Richard Hallström.

Richard earned his Bachelor of Science in Business Administration from the Mid University in Östersund, Sweden.

For more information, please contact:

Erik Sundström, Head of Communications, ScandiNova Systems AB
+46 70 395 33 95
erik.sundstrom@scandinovasystems.com

ABOUT SCANDINOVA

Thanks to its breakthrough technology, ScandiNova is a world leader in the development and production of Pulsed Power Systems with high power levels. The company’s product range covers pulse modulators, generators, turnkey radio frequency (RF) systems and e-gun modulators, all equipped with Solid State technology.

These systems have key functions in several research-based applications and radiotherapy, as well as in cargo inspection, non-sdestructive testing, industrial X-ray, sterilization and other industrial uses.

More than 95% of production is exported to clients in 40 countries, mainly in Europe, Asia and North America. ScandiNova Systems AB, a spin-off from Scanditronix, was founded in 2001 by individuals with long commercial and technical experience in pulsed-power applications. The company, which has its head-office in Uppsala, Sweden, has 65 employees plus sales representatives in key regions around the world.

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