Aage Snorgaard

Chief Executive Officer at Global Scanning A/S
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Contact Information
us****@****om
(386) 825-5501
Location
Copenhagen, Capital Region, Denmark, DK
Languages
  • Danish, English, Scandinavian -

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Experience

    • Denmark
    • Appliances, Electrical, and Electronics Manufacturing
    • 1 - 100 Employee
    • Chief Executive Officer
      • Nov 2021 - Present

      Global Scanning A/S is an international market leader in scanning technologies. The Group develops, manufactures and markets large-format scanning solutions for the computer-aided design (CAD), geographic information systems (GIS), reprographic products, copy services and document archiving segments under the brand names of Contex, Colortrac and Scan Dimension respectively. The scanners digitally capture documents, drawings and other 2D and 3D input to view, edit, archive, convert or print output data. Show less

    • Denmark
    • Information Technology & Services
    • 1 - 100 Employee
    • Advisory Board Member
      • May 2021 - Present

      Flowtale is a cool Nordic Data Science / Engineering Consultancy company - of boutique size yet (>20 people). Headquartered in Copenhagen, with small office in Stockholm (sales only). Works primarily with largest companies in the Nordic region (Large & Mid+ Cap). Does project outsourcing, i.e., handles the most complex deliveries in the digitalization efforts for their clients. See more on their Website: flowtale.ai Flowtale is a cool Nordic Data Science / Engineering Consultancy company - of boutique size yet (>20 people). Headquartered in Copenhagen, with small office in Stockholm (sales only). Works primarily with largest companies in the Nordic region (Large & Mid+ Cap). Does project outsourcing, i.e., handles the most complex deliveries in the digitalization efforts for their clients. See more on their Website: flowtale.ai

    • Adviser & Investor
      • Oct 2019 - Present

      Currently private investor in real estates and listed companies. In addition - I advise and coach in my network concerning new business and career opportunities. Currently private investor in real estates and listed companies. In addition - I advise and coach in my network concerning new business and career opportunities.

    • Sweden
    • Industrial Machinery Manufacturing
    • 400 - 500 Employee
    • Senior Vice President | Head of Division Nederman Monitoring & Control Technology
      • Jan 2019 - Sep 2019

      Key results:• Revenue estimate >SEK 250m YE, >15 System Orders Q2, >100 System Sales leads • Strategy became Company Vision 2025 (see Annual Report 2018)• Launched own tailermade IoT-hardware platform Q2 – public 2H• Launched Nederman Insight IoT-solutions commercially to Chemical, Metal, Composite, Welding, Machining, Mining, Minerals and Food customer segments

    • Senior Vice President | Head of Division Nederman Insight
      • Jan 2018 - Dec 2018

      Key results:• YE performance: Revenue SEK 215m and positive EBITA • Acquired Auburn FilterSense LLC in April for USD 8,25m – a Boston based ~ 30 people company making intelligent controls, including real-time diagnostics and software for filter leak detectors. 2018 Revenue USD 7.3m• Started development of own tailermade IoT-hardware platform to be launced in 2019• Launched Nederman Insight IoT-solutions commercially to Wood, Foundry, Smelters and Asphalt customer segments

    • Senior Vice President | Head of Digital Solutions
      • Jul 2017 - Jan 2018

      Key results:• Created Nederman’s first digital strategy with a solid acquisition pipeline and business targets• Managed first customer IoT-pilot installations including own developed Cloud-based WEB-applications for PC, tablets or Mobile app’s branded Nederman Insight• Acquired NEO Monitors AS in Nov. for NOK 402m – a global pioneer in laser-based solutions for measuring gases and dust across all industries. A Norwegian company with ~40 employees and a turnover in 2017 of NOK 127m

    • Executive lead for Nederman AB
      • Apr 2018 - Sep 2019

    • Norway
    • Research Services
    • 1 - 100 Employee
    • Board Member | Executive lead for Nederman AB
      • Nov 2017 - Sep 2019

    • Denmark
    • Appliances, Electrical, and Electronics Manufacturing
    • 700 & Above Employee
    • Senior Vice President | Mobile Division | GN Audio (Jabra)
      • Jun 2016 - Jan 2017

      Leading GN Audio’s Mobile Division – a global B2C business division for Jabra branded earphones, music headsets and in-car solutions. P&L responsibility for a unit with yearly revenue close to 1b DKK. Managing a global team of approximately 85 people covering Sales, Product Management, Portfolio Planning, Strategy and Business Line Management. In addition - working cross-functional with assigned Consumer experts in Marketing, R&D, Operations, HR and Finance. Key results: • Business deep dives leading to strengthened focus on product quality, agility to end user product reviews / value add and renewed portfolio direction with broader customer appeal building on the Jabra DNA and brand values • Co-created new 3 year 2017-2019 strategy for the Jabra Consumer business - leading to fundamental changes - making the Mobile divisional structure redundant - however - boosting strategy execution, business impact and critical mass globally - mainly by horizontal integration into a stronger and united GN Audio set-up Show less

    • Denmark
    • Appliances, Electrical, and Electronics Manufacturing
    • 1 - 100 Employee
    • Investor & Shareholder
      • Jul 2013 - Jan 2016

      - Global Scanning A/S was sold by Procuritas Partners AB to a Swedish Holding Company, owned by Kreditfonden ultimo December 2020Post CEO-role - during Nov 2015 - Jan 2016:- Facilitated legal Due Diligence and Management Presentation for Global Scanning A/S - leading to a successful 4 year Bond Issue raising SEK 200m Nov. 2015 in cooperation with Management and Nordic Fixed Income / Arctic Securities as sole Advisor and Bookrunner

    • CEO Global Scanning A/S
      • Jul 2013 - Oct 2015

      *Procuritas via Global Scanning A/S acquired Colortrac Ltd effective July 2013, a leading global manufacturer of advanced Large Format Scanners. The enterprise value of the transaction was 21 MUSD. Contex and Colortrac brands operates and sell under the combined group Global Scanning A/S. Combined revenue >$50m and employees >200.Key results:• After a $22m merger mid 2013 with Contex biggest competitor – Colortrac Ltd - a new corporate structure and Bank Case under Global Scanning A/S has been established.• Restructured functions reducing headcounts by 15% and operating expenses by $4m • New organizational structure and growth strategy developed for the combined entity – Global Scanning – including Operations consolidation in China during 2016.• Drafted Environmental & Social Governance policy and group assessments • Anchored a Leadership team that can run the business w/o myself going forward Show less

    • United Kingdom
    • Appliances, Electrical, and Electronics Manufacturing
    • 1 - 100 Employee
    • Board Member | Executive Lead for Global Scanning A/S
      • 2013 - 2015

    • Denmark
    • Appliances, Electrical, and Electronics Manufacturing
    • 1 - 100 Employee
    • CEO Contex A/S
      • Jan 2013 - Jul 2013

      *Contex A/S was acquired by the private equity fund Procuritas (Procuritas Capital Investers V LP) effective 2013-01-02. The enterprise value was 41.5 MUSD.Key results:• Created new Value Creation Plan with new owners (Procuritas PCI V) and Board of Directors – including new Mission, Vision, Core Values and Value Creation Strategies• Initiated a strategy with external facilitation to become Market Driven versus Technology Driven as a cornerstone to transform the company to master end-user needs and make products and solutions based on that• Concluded Outsourcing strategy and terminated Contracting Manufacturing • Contributed to and motivated an inorganic growth strategy leading to closure of a $22m merger with Contex biggest competitor – Colortrac Ltd - leading to a new corporate structure under Global Scanning A/S Show less

    • Chairman @ Contex Americas, Singapore & Japan
      • 2010 - 2013

    • CEO Contex Group A/S
      • Oct 2010 - Dec 2012

      * Contex Group was owned by Ratos (a private equity conglomerate) and the Contex Group included 3 companies: Z Corporation - a leading manufacturer of 3D printers; VIDAR Systems - a global leader in medical film digitisers and Contex A/S - the world's largest manufacturer of wide-format scanners. Combined revenues >$100m and employees >320.* Contex Group sold Z Corporation and VIDAR Systems to 3D Systems effective 2012-01-03. The enterprise value was 137 MUSD.Key results:• Terminated CEO, CFO and Sales VP in VIDAR and combined into President Role.• Renewed product roadmaps in Z Corp and Contex for optimized sales 2011-2013• Implemented new ERP-system in Contex A/S 2011-2012 (Microsoft AX12) w/o damaging business performance• Prepared Contex Group for IPO during 2011 up to full F1 – leading to a dual-track -resulting in the sale of Z Corp and VIDAR to 3D Systems for $137m cash - effective Jan 3rd 2012.• Managing strategic account: Hewlett-Packard – the single biggest customer• Changed Sales & Marketing and R&D footprint in Contex A/S – reducing headcount with 25% in Sales & Marketing, 10% in R&D and variable OPEX by 15%.• Create an international marketing team versus de-central past• Distributor Sales responsibility at CEO level implemented (selling through approximately 175 Distributors selling in more than 90 countries) • Closed Contex A/S 2012 results with 20% improvement year-on-year (2011/2012)• Solid experience working with external advisors and consultants (EY, Latham & Watkins, Accura, Nixon Peabody, William Blair Bank, Carnegie Bank, Nordea Bank and Egon Zehnder)• Made 2012-2016 Business Plan for Contex A/S leading to refinancing via Nordea Bank and entering exit-mode making Information Memorandum and Data Book Q2-2012 resulting in sale of Contex A/S for $41.5m cash to Procuritas PCI V 3-1-2013.• The combined Contex Group Equity Value almost doubled from evaluation mid 2010 to ultimo 2012 based on actual shareholder dividends. Show less

  • Z Corporation
    • United States
    • Chairman | Executive Lead for Contex Group A/S
      • Oct 2010 - 2011

    • United States
    • Medical Equipment Manufacturing
    • 1 - 100 Employee
    • Chairman | Executive Lead for Contex Group A/S
      • Oct 2010 - 2011

    • Finland
    • Telecommunications
    • 700 & Above Employee
    • SVP Mobile Phones Global R&D
      • Jul 2009 - Sep 2010

      Global responsibility for Series 40 (S40) and Series 30 (S30) Mobile Phones R&D made for all Nokia mobile phones in the 1000-8000 series products with annually business impact exceeding 15b€ Net Sales and more than 400 million phones sold p.a.Yearly developing a Phones product portfolio developed out of global locations in Finland, Denmark, Germany, United Kingdom, China and India. Responsible of more than 2000 engineering experts on global basis plus hundreds of external consultant workers. Implemented Agile & Lean working methods and created a new organizational structure based on end user experiences versus functional capabilities Show less

    • VP Mobil Phones Series30-Series40 Global Software Development
      • Jan 2008 - Jul 2009

      Global responsibility for Series 40 (S40) and Series 30 (S30) Software R&D & Technology activities made for all Nokia mobile phones in the 1000-8000 series products with business impact exceeding 15b€ Net Sales and more than 400 million phones sold yearly.Yearly managing a software portfolio to be used in over 50 new mobile phones R&D programs developed out of global locations in Finland, Denmark, Germany, United Kingdom, USA, China and India. Responsible of 1.300+ software experts on global basis. Show less

    • SVP Mobile Phones Global R&D & Technology
      • Dec 2006 - Dec 2007

      Global responsibility for all Mobile Phones R&D & technology activities for all 1000-8000 series products. Managing a portfolio of over 50 mobile phones R&D programs p.a. out of Finland, Denmark, Germany, UK, China and USA, 2.500+ people plus 350+ externals on global basis.

    • SVP Broad Appeal Business Unit (Nokia Mobile Phones)
      • Jan 2004 - Nov 2006

      Global responsibility for all 6000- and some 3000-series products, product portfolio strategy and exceution, product planning, product marketing and related business development. Team of about 50 people (product managers, product planners, marketing & category experts and business development (value add) experts). Quarterly reviews with global sales management (new product portfolio roadmap per sales area, price points positioning, USP's, design, priorities, etc.) and to the Nokia Mobile Phones Board (business unit performance, contribution, P&L, etc)In the period from 2004-2006 the business unit performance looked like this:* Increased units sold from 35m p.a. to more than 110m p.a* Net Sales increase from 5.8 b€ p.a. to 12.8 b€ p.a.* Market share increased from 6% to 11%* Contributed 2/3 of Mobile Phones operating profitSome of the best selling models during the period: 3220, 3500, 6100, 6101, 6111, 6125, 6230 and 6280 Show less

    • Finland
    • Telecommunications
    • 700 & Above Employee
    • VP Services & Application Management, Product Marketing
      • 1998 - 2003

      Responsibility & team (total ~65 experts) included Services & Applications Management, Product & Variant Management as well as Category Planning, Launch Marketing & Marketing Services. Completed full Value Chain Mapping for all key applications and services. Responsibility & team (total ~65 experts) included Services & Applications Management, Product & Variant Management as well as Category Planning, Launch Marketing & Marketing Services. Completed full Value Chain Mapping for all key applications and services.

    • Denmark
    • Appliances, Electrical, and Electronics Manufacturing
    • 200 - 300 Employee
    • Product Marketing, R&D, Business Development positions
      • 1993 - 1998

      COO Business Development, Project & Technology Director, Sector Manager, Program & Project Manager, Product Group Manager Sound & Vibration Business Unit and Telecom/Audio Business Unit COO Business Development, Project & Technology Director, Sector Manager, Program & Project Manager, Product Group Manager Sound & Vibration Business Unit and Telecom/Audio Business Unit

    • Netherlands
    • Hospitals and Health Care
    • 700 & Above Employee
    • Engineering, Production & Product Marketing positions
      • 1987 - 1993

      Senior Product Manager, Product Group Manager, Product Manager, Manufacturing Line Manager, Project Manager, Process Engineer Product Marketing of Mobile Phones, Team Management, OEM Deals and Relationships, Manufacturing Line Design and Ramp, Flexible Manufacturing System Design Senior Product Manager, Product Group Manager, Product Manager, Manufacturing Line Manager, Project Manager, Process Engineer Product Marketing of Mobile Phones, Team Management, OEM Deals and Relationships, Manufacturing Line Design and Ramp, Flexible Manufacturing System Design

Education

  • Aston Business School
    Advanced Services Group - Executive Partnership Member (through Nederman AB), practice on servitization & advanced services for B2B enterprises executing digital transformation
    2017 - 2019
  • Copenhagen Business School
    Executive course in "Strategies for Digitizing Enterprises"
    2017 - 2017
  • Board Assure A/S
    Board Certificate
    2017 - 2017
  • NOKIA - PANORAMA - 3x1 week
    2005 - 2005
  • NOKIA - MAP - Management Action Program - 3x1 week
    2002 - 2003
  • NOKIA - Strategic Positioning & Argumentation Skills - 1 week
    2002 - 2002
  • NOKIA - COMPASS - 4x1 week
    1999 - 2000
  • Copenhagen Business School
    HD (Afsætningsøkonomi), Diploma in Marketing - Economics
    1987 - 1991
  • Engineering College of Copenhagen
    Bachelor of Science in Engineering, Production Engineering
    1984 - 1987

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