Lars Larsen

Milestone Systems Surpasses DKK 1 Billion Revenue

With an annual growth rate of 14 percent over the last five years, Milestone Systems’ net revenue increased to DKK 1.03 billion in 2019. The operating income was DKK 124 million compared with DKK 194 million the previous year, a planned consequence of increased investments in innovation and development. The positive revenue development primarily derived from an increase in license and Care™ sales. Moreover, Milestone Systems continued to increase sales in all its markets.

Milestone Systems A/S’ CEO resigns after 17 successful years

Milestone Systems announces that Lars Thinggaard, President and Chief Executive Officer, has decided to leave the company. As a result, the Board has started an open search to appoint a successor to Mr. Thinggaard. During the intervening period, Lars Larsen, Milestone Systems’ Chief Financial Officer, will serve as Interim CEO. Lars Thinggaard has been President and CEO of Milestone Systems for 17 years.

Milestone Systems Appoints New Vice President for People, Organization and Site Operations

Milestone Systems announces Ditte Høyrup-Myhre as its new Vice President, People, Organization & Site Operations. People, Organization & Site Operations team is responsible for organizational development, talent management, performance management, employer branding & recruitment, HR administration and onboarding & offboarding, among others. Ditte Høyrup-Myhre will oversee several critical People & Organization initiatives within Milestone Systems.