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INNER CIRCLE VAR GETS NEW CFO

Tommy Valter Hansen, NorriqNorriq, a Dynamics VAR based in Denmark, has named Tommy Valter Hansen as its new group CFO. Norriq, which made the Dynamics Inner Circle in 2011, is one of those European resellers that got hit by the debt crisis last year and jettisoned its CEO Bo Martinsen. And the company's website shows no replacement has been named since Bo left in mid-November.

Hansen was most recently partner at the Nordic private equity firm CapMan. He started his career as auditor at Arthur Andersen. In a prepared statement, chairman of the Norriq board, Peter Thiell, said the company had been consolidating, but that it plans on focusing on expansion again. There is nothing on the website that suggests what has been consolidated. It seems to be a frugal group (all past press releases have statements attributed to Norriq): all the management pictures are black and white; there is nothing that suggests Martinsen was ever CEO or left; and the company seems thrifty in using email, at least when responding to the press. I must have misunderstood the Germanic and Scandinavian naming conventions - Bo and Tommy? I'm waiting for someone named Billy Bob Svensen to pop up. Norriq operates in Denmark, Belgium, the Netherlands and Iceland.

 

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