Concordium names Schroder CEO of new blockchain network

Feb. 18, 2019

Concordium AG, which is launching an open-source blockchain network, has appointed veteran fintech executive Lone Fonss Schroder as its new CEO. She was named to the position after serving on the company's advisory board. 

Schroder is co-founder of Cashworks, chairwoman of hotel booking site Nustay, and former CEO of Wallenius Lines. She is also vice chairman of Volvo Cars, a board member at Ikea and is a veteran of A.P. Moller-Maersk, the world's largest container shipping company, where she worked for 22 years, according to Concordium.

Lars Christensen, chairman of the Concordium Foundation, said the CEO position previously was occupied by one of the company's lawyers and that he interviewed approximately a dozen people before hiring Schroder.

"I have worked with Lone in various contexts and have great respect for her work, so I was delighted she accepted (our offer) to become CEO," Christensen wrote in an email to this publication.

In a Concordium press release, Schroder said the CEO role fits well with her history of involvement in disruptive technologies.

"As CEO of Concordium, a key mission will be to help ensure that the Concordium platform becomes a useful tool for everyone, from individual users to large enterprises and society at large," she said in the announcement.

Concordium released its proof of concept in January, and plans a beta release during the third quarter. The public release is set for the first quarter of 2020.

Topics: Bitcoin, Region: EMEA

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