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Logpoint appoints Haldbo as CFO
Experienced financial executive Michael Haldbo joins Logpoint (www.logpoint.com) as Chief Financial Officer (CFO). Reporting to Logpoint’s CEO Jesper Zerlang, Haldbo will be responsible for taking the company successfully through the next step of Logpoint’s journey to become a European cybersecurity powerhouse.
“We’re excited that Michael is joining the Logpoint team as we grow beyond scale-up and into an established cybersecurity company,” says Jesper Zerlang, CEO, Logpoint. “Michael has extensive experience in taking leadership over transformation projects and M&A. With our recent acquisition by Summa Equity, we have proven that Logpoint has the capabilities and critical mass to take us to the next level, and as we mature the business model, he is an evident choice to support and protect the business financially.”
With 20 years of International and Nordic experience in financial planning, analysis, and strategy execution, Haldo has served as CFO at Signicat, Europe’s leading provider of digital identity solutions. He has also held financial executive roles at other companies in the IT and payment-related sector, including Nets and Unwire.
“Logpoint has such a strong value proposition with world-class cybersecurity solutions, competitive pricing models, and the agility and flexibility that enable us to challenge the big mastodons in the SIEM market and become the number one vendor in Europe with a global range,” says Haldbo. “From my perspective, Logpoint ticks all the boxes: Scale-up, growth-market, a strong business model, transitioning into SaaS, and private equity owned. The frosting on the cake is that Logpoint solutions address a major societal challenge, namely the ever-growing cyber threat in the wake of COVID-19 and the war in Ukraine.”
Logpoint is the only native European SIEM+SOAR vendor in Europe. Summa Equity acquired a majority stake in Logpoint in April to invest in cybersecurity resilience and build a European alternative in a SIEM market dominated by US vendors (www.itceoscfos.com/summa-equity-invests-in-logpoint).
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