Management and Board
Ray Smets was appointed CEO of Napatech in July 2018. Ray leads the overall strategy and execution of the Napatech business to capture the opportunities within the growing reconfigurable computing market. He brings over 30 years of combined experience from the security, cloud, networking, software and telecom industries.
Prior to joining Napatech, Ray held a variety of senior executive roles within technology companies driving strategy, development, sales, marketing, business execution and transformation. Ray’s career began at AT&T (formerly BellSouth Corporation) where he served for over 15 years heading up subsidiaries and business operations within IP networking, wireless and mobility, leading-edge software application development, and new technology testing and deployment. Subsequently, Ray was the VP/GM of Cisco’s market-leading wireless networking business unit, president of McAfee Security’s Network General/Sniffer Technology business which is now a part of Netscout, and held senior global leadership roles in sales and/or marketing at A10 Networks, Packeteer, Metaswitch Networks, and Motorola. Ray holds a B.S. degree in computer engineering from the University of Florida, an M.B.A. degree from Nova-Southeastern University, and is an alumnus of the Stanford University Executive Program.
Heine Thorsgaard joined Napatech as CFO in November 2018 and works out of the Copenhagen office. Heine has more than 15 years of experience from senior financial positions several of which in listed companies and has in-depth knowledge within Napatech’s field of expertise and in building investor relationships.
Prior to joining Napatech, Heine has extensive experience from different CFO positions in several different companies, both in the IT and engineering consultancy industries. Heine holds a MSc from Roskilde University and a PhD from Copenhagen Business School.
JARROD J.S. SIKET
CHIEF MARKETING OFFICER
Jarrod Siket joined Napatech in 2017 as Chief Marketing Officer. Jarrod’s focus is on creating high-growth business opportunities fueled by new cloud and mobile networking trends. He is responsible for all aspects of Napatech marketing, including strategic planning, product management, partner and ecosystem business development, as well as product and corporate marketing.
Jarrod brings an extraordinary combination of business and technical expertise from nearly 25 years of successful strategy development and execution in public and private companies. He has held executive sales, marketing and advisory positions at ThreatQuotient, Netbeez, Netronome Systems, Tollgrade Communications, Marconi Communications and FORE Systems. Jarrod holds a bachelor of science in information and decision systems from Carnegie Mellon University, and a master of science in business administration from the University of Pittsburgh.
CHIEF RESEARCH & DEVELOPMENT OFFICER
Flemming Andersen is Executive Vice President of Engineering at Napatech, heading up the R&D team located in Copenhagen. Flemming is responsible for driving Napatech’s engineering activities and ensuring that the R&D team continually develops cutting-edge solutions that fulfill customer needs. This includes process, organizational, and technology development at operational and strategic levels, as well as directing project planning and execution. Flemming has more than 25 years of experience working with product development and engineering management in the datacom/telecom industry.
Prior to Napatech, he was head of the HW Project Office in Sony Ericsson Mobile Communications, Entry Division. From 2002 to 2006, Flemming worked as R&D manager for Danish Interpretation Systems (now Shure) and then GN Netcom. In 2001 he co-founded next-generation Ethernet start-up Firstmile Systems and worked as VP of engineering. From 1997 to 2001, Flemming worked for Intel as HW manager at the Converged Communications Division in Denmark, where he was responsible for the creation of hardware platforms for the Intel® Express Router portfolio. Prior to this, he held various development engineer positions in Cray Communications, NKT Elektronik (now Tellabs) and GN Elmi (now Anritsu). Flemming Andersen holds an M.Sc. in electrical engineering from the Danish Technical University and a graduate diploma in business administration from Copenhagen Business School.
HENRIK BRILL JENSEN
Henrik Brill Jensen joined Napatech as CEO in 2005. Henrik works at the Copenhagen office with a focus on executing the strategy of Napatech. Under his leadership, the company has grown to become the global leader in accelerating network management and security applications. Henrik has more than 20 years of experience in management within network communication and mobile product development and manufacturing.
Prior to joining Napatech, he worked as manager for DWD in Copenhagen (an Infineon Technologies Company) and also served as director of product creation at Flextronics ODM in Denmark, where he was responsible for the development and manufacturing of mobile phones. In 2001 Henrik co-founded next-generation Ethernet start-up Firstmile Systems and worked as president & COO. Prior to this, he worked for Intel as director of engineering at the Converged Communications Division in Denmark, where he was responsible for the creation of the Intel® Express Router portfolio. Henrik started his network communications career in 1996 by joining Cray Communications as project manager. From 1986 to 1996, he performed research and development related to transducer and monitor equipment. Henrik Brill Jensen holds a B.Sc. in electrical and mechanical engineering from the Danish Technical University and a degree in specialized business studies from Copenhagen Business College.
Heidi joined Napatech in 2016 and works out of the Copenhagen office focusing on challenging, developing and implementing effective HR processes & tools both short term and long supporting Napatech strategy. She works within recruitment, onboarding, HR compliance, performance management, training & education and is supporting employees and functional managers both nationally and internationally. Heidi brings solid experience in HR management with more than 10 years’ experience within HR.
Prior to joining Napatech, Heidi was responsible for the implementation of a HR function in a small software company. She has extensive experience from the Telecom industry in Denmark, where she has worked for more than 15 years as Technical Project Manager implementing billing systems and various applications systems within some of the major Danish Telco companies. Among others she worked as Billing Application Engineer supporting the business in BSS system implementations and mapping the business processes.
Board of Directors
CHAIRMAN OF THE BOARD
Lars Boilesen has extensive experience in the international software and technology industry. He currently serves as Chief Executive Officer for the Norwegian-listed software company Opera Software ASA (Opera), where he has overseen the sale of the company’s browser, privacy and performance apps to a Chinese consortium. He has also been involved in a number of acquisitions, including that of AdColony in 2014.
Prior to becoming the CEO of Opera in 2010, Boilesen served as the company’s Executive Vice President of Sales & Distribution from 2000 to 2005, and was on the Board of Directors from 2007 to 2009. Boilesen spent several years at Tandberg as head of the Northern Europe and Asian-Pacific markets and as Vice President of Worldwide Sales and Sales Director. He also served as CEO for the Nordic and Baltic Region at Alcatel-Lucent and as Marketing Manager for Eastern Europe in LEGO Group.
Boilesen holds a Bachelor’s Degree in Business Economics from Aarhus School of Business and a postgraduate diploma from Kolding Business School. He is a Danish citizen and resides in Norway.
LARS BJØRN THORESEN
Mr. Lars B. Thoresen is Senior Advisor at Verdane Capital and investor in the Nordic technology area. He was Managing Partner/Joint Managing Partner for Verdane Capital Advisors from 2008 to 2015, and as such building and developing the firm. Mr. Thoresen joined Verdane Capital’s Oslo office in 1999 (then Four Seasons Venture). Verdane manages more than NOK 15 billion for Norwegian and international institutional investors, and has offices in Oslo, Stockholm, Helsinki, Copenhagen and Berlin. At Verdane, Mr. Thoresen has been instrumental in the acquisition of numerous portfolios as well as individual companies, such as EasyPark, Ferd Venture, Skandia Life portfolio and Nordic Venture Partners. Thoresen has also helped build and grow a number of portfolio companies from a board role, including Opera Software AS, Liaison Technologies Inc., CRF Health Oy, and Napatech A/S. Thoresen is today Chairman of the Board at Nexgentel ASA (listed OSE) and Cxense ASA (listed OSE) and serves on the board of Napatech A/S (listed OSE), Arundo Analytics Inc, Carn Capital AS and INSEAD Alumni Assoc. Norw. Mr. Thoresen holds an MBA from INSEAD (France) and a BSc in Finance from St. John’s University, New York (USA).
Howard Bubb has served as a public company CEO, corporate executive, venture backed entrepreneur, professional mentor and management consultant. Bubb has been consulting since 2009, repositioning struggling businesses, defining new market categories, and launching new business units to achieve high growth and dominant market segment share. A strong leader of people, he blends strategy and execution skills with a keen ability to engage talent. Howard Bubb is currently CEO of SARTA, a non-profit organization working with local companies, education and government to accelerate the growth of regional technology businesses.
On a global scale, Howard Bubb transformed the communications business at Intel from a mix of acquisitions into an integrated and cohesive $1.7B business unit. The division grew to become number one in its markets and went on to become one of the highest growth businesses at Intel for several years. Bubb earned a Bachelor of Science degree, from California Institute of Technology in 1976. He is a US citizen and resides in California, US.
Henry Wasik brings significant depth of experience and insight to high technology businesses with a distinguished thirty-year pedigree at the highest levels of the global technology sector. His experience ranges from early stage startups to running multi-billion dollar global businesses. His industry background spans multiple markets including semiconductors (Mostek), Enterprise PBXs (Intecom), large scale global carrier network systems (Alcatel/DSC), web scale data centers (Force10 Networks) and technologically cutting edge cloud services and software (Joyent).
Mr. Wasik’s current focus is on advisory and board roles to early stage ventures focused on cloud based services and cloud infrastructure. Previously Henry was Board Chair at nearForm (Node.js, microservices); Boardmember at Norse (cybersecurity); Advisor to CEOs at Metavine, Kaloom, and AVNI (acquired by Veritas); CEO of Joyent (now Samsung), a cloud software and services firm; CEO of Force 10 Networks (now Dell), a technology leader in networking for web scale datacenters. Mr. Wasik holds a Bachelor of Science degree in Electrical and Electronic Engineering from the University of Bridgeport, and an MBA from the Georgia Institute of Technology.
BJØRN ERIK REINSETH
Bjørn Erik Reinseth is currently the CEO of the family office Foinco, an investment company. From 2005 to 2013 he served as Partner in Ferd Capital/Ferd Venture successfully doing venture and buy-out investments. Bjørn Erik has also founded and run his own management consultancy. He has experience from listed and public companies as CEO of Sense Communications International ASA (OSX), a mobile telecom operator, and as CMO/EVP Products & Strategy of NetCom ASA (OSX), the number two mobile operator in Norway. He also served as Managing Director of the Norwegian broadband communication company Bredbåndsfabrikken AS and has a broad experience in the telecom/ICT industry. He has also worked as a Research Fellow at the European Laboratory for Particle Physics (CERN) in Geneva.
He is a Norwegian citizen and resides in Norway. Bjørn Erik Reinseth holds a B.Sc. Hons in Engineering from the University of Surrey, UK, and additional management courses from BI Norwegian School of Management and Stanford University Graduate School of Business.