Monday, October 10, 2016

Elofsson: Good for the Fingerprint …

Johan Carlström leaving his employment. Fingerprint Cards with ceo Christian Fredrikson can now, hopefully, instead put all the effort in to meet the uppseglande competition and future changes in technology.

Fingerprint Cards scandalous major shareholder and former ceo Johan Carlström is leaving his position at the company, according to a press release in the morning. As the reason stated that he will focus more on the role of the entrepreneur, and principal owner of the Fingerprint, and he leaves, therefore, his services as a business developer.

Despite all the polite wording in the press release, it is not possible to draw another conclusion than that the so famous but in Fingerprints case very high of the cup to the end of the year have gone over. During the more than two months that Christian Fredrikson has been the ceo of Fingerprint Cards he has already been forced to deal with events related to Johan Carlström on a number of occasions.

In september, Svenska Dagbladet published information about the company secrets leaked from Johan Carlströms e-mail account, the year 2010, to a person convicted of serious financial crime. In addition, pointed to the same judge ekobrottsling out as a secret major shareholder in the Fingerprint Cars owners Sunfloro after that brought over a million dollars to Carlströms private bank account. Johan Carlström denies all of these tasks.

Johan Carlström is together with two former board members also previously charged with ” insider dealing on seven points. All deny any crime. The trial is planned for late spring 2017.

the last Straw may have been Friday’s information about Johan Carlström has polisanmälts for defamation of a prosecutor at the serious fraud office, after that on a number of occasions tweeted allegations against the prosecutor.

Johan Carlström has swung its way wildly, commented on and mocked, competitors, analysts, journalists, and government officials. Johan Carlström has claimed that he tweeting as a private person, is strongly associated with the Fingerprint and in addition – up to now – employee of the company.

as ceo of a company on the Stockholm stock exchange storbolagslista need to add a significant part of the working time being forced to comment on and explain the events and statements related to an employee instead, to put all the effort in to develop the company’s counterproductive. To the board of directors or the ceo has not taken this decision earlier, is therefore surprising.

There have been two clear camps in and around the Fingerprint. In one are all dedicated shareholders who all the time believed in the company’s technology, which has received more than the right and is handsomely rewarded as the owner of a company that today is valued at more than sek 30 billion. In the other camp are the sceptics, which highlights the company’s often controversial image and the communication, represented by Johan Carlström. Also they have got the right.

at the same time as Johan Carlström la the foundation for the great success that the company now harvests, all the constantly recurring controversies continued to obscure the image of the seabird colony development in the company. He now leaves the company open to more institutional investors, who previously hesitated. It is a positive thing.

For the shareholders is Carlströms parachute of 10.9 million, equivalent to 36 months ‘ salary, money well invested. On a stagnant stock market rises in the course of almost 2% or the equivalent of a little over half a billion in market capitalization.

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