Lars Larsen

Milestone Hires New Chief Financial Officer

  • Nov 04, 2010

Milestone Systems, the open platform company in IP video management software, announces the hiring of a new Chief Financial Officer, Lars Larsen. He will be responsible for the finance and human resource operations of the international organization.

"Lars Larsen has a very strong profile that is clearly reflected in his previous positions at Carlsberg and Novo Nordisk, but maybe even more relevant for us from his time with such IT companies as Microsoft and Olicom. At Milestone we are very focused on aggressively continuing our hyper growth—and I'm convinced that Lars can help us with this," said Lars Thinggaard, CEO and president of Milestone Systems.

As vice president of group finance at Carlsberg Breweries, Larsen was responsible for internal management reporting to the board of directors and external reporting to the Copenhagen Stock Exchange. Prior to that Larsen was business manager for Microsoft Business Solutions EMEA after the acquisition of Navision, where he was executive VP, chief financial officer, responsible for financial management and the legal department, also providing support for M&A activities. Larsen held similar financial management positions at Olicom, an IT network component provider listed on NASDAQ and the Copenhagen Stock Exchange, and at Novo Nordisk. He holds an executive MBA and a bachelor of science in business economics from the Copenhagen Business School.

At Milestone Systems, Larsen's role as CFO will include managing the company's global financial operations including accounting, controlling, risk management, treasury, tax and audits, legal and regulatory affairs, as well as potential mergers and acquisitions. With responsibility for also overseeing human resources and administration, he will ensure deeper internationalization and professionalization of the company together with the executive management team. Larsen will also focus on a close relationship with the chairman of the board and Index Ventures, who invested $27.5 million in Milestone Systems in July 2008.

"I am very excited about this opportunity to work for Milestone Systems, the leader in its sector worldwide. Milestone has huge potential for continuing to progress, and with the number of dedicated employees expanding all the time, I look forward to strengthening the synergies between finance and the organization even more," Larsen said.

Featured

  • Report: 47 Percent of Security Service Providers Are Not Yet Using AI or Automation Tools

    Trackforce, a provider of security workforce management platforms, today announced the launch of its 2025 Physical Security Operations Benchmark Report, an industry-first study that benchmarks both private security service providers and corporate security teams side by side. Based on a survey of over 300 security professionals across the globe, the report provides a comprehensive look at the state of physical security operations. Read Now

    • Guard Services

  • Identity Governance at the Crossroads of Complexity and Scale

    Modern enterprises are grappling with an increasing number of identities, both human and machine, across an ever-growing number of systems. They must also deal with increased operational demands, including faster onboarding, more scalable models, and tighter security enforcement. Navigating these ever-growing challenges with speed and accuracy requires a new approach to identity governance that is built for the future enterprise. Read Now

  • Eagle Eye Networks Launches AI Camera Gun Detection

    Eagle Eye Networks, a provider of cloud video surveillance, recently introduced Eagle Eye Gun Detection, a new layer of protection for schools and businesses that works with existing security cameras and infrastructure. Eagle Eye Networks is the first to build gun detection into its platform. Read Now

  • Report: AI is Supercharging Old-School Cybercriminal Tactics

    AI isn’t just transforming how we work. It’s reshaping how cybercriminals attack, with threat actors exploiting AI to mass produce malicious code loaders, steal browser credentials and accelerate cloud attacks, according to a new report from Elastic. Read Now

  • Pragmatism, Productivity, and the Push for Accountability in 2025-2026

    Every year, the security industry debates whether artificial intelligence is a disruption, an enabler, or a distraction. By 2025, that conversation matured, where AI became a working dimension in physical identity and access management (PIAM) programs. Observations from 2025 highlight this turning point in AI’s role in access control and define how security leaders are being distinguished based on how they apply it. Read Now

Most   Popular

New Products

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities

  • HD2055 Modular Barricade

    Delta Scientific’s electric HD2055 modular shallow foundation barricade is tested to ASTM M50/P1 with negative penetration from the vehicle upon impact. With a shallow foundation of only 24 inches, the HD2055 can be installed without worrying about buried power lines and other below grade obstructions. The modular make-up of the barrier also allows you to cover wider roadways by adding additional modules to the system. The HD2055 boasts an Emergency Fast Operation of 1.5 seconds giving the guard ample time to deploy under a high threat situation.

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises.