Nadahl Shocair is to lead snom as CEO following HeidelbergCapital's new status as majority shareholder. HeidelbergCapital purchased shares from former investor Beaufort Capital in July 2014. Due to a capital increase HeidelbergCapital is now the main shareholder.
"We will use the funds to intensify new product development and continue to drive internationalisation," said Shocair, who is joined in the boardroom by Thomas Müller-Braun (CFO) and Olivier Gerling (CSO).
André Deloch, partner at HeidelbergCapital and Chairman of the Board at snom, commented: "We do not want to just invest in snom technology. It was important to us to complement the current expansion course by obtaining extensive funding commitments.
"That is the reason for the capital increase. We want to support the future development of new products and modern software as well as drive international expansion."
Shocair has 20 years experience in the field of business transformation in the ITC market including stints as interim CEO at DeTeWe, interim Director at Boomtel Networks, and Executive Director, Strategy and Business Development at Centile in Cannes, France.