Stefan Lampa appointed new CEO of ProGlove

Seasoned executive to leverage his industry knowledge and experience from robotics manufacturer ABB and KUKA Roboter as well as cargo flow company Cargotec to support ProGlove’s growth journey

MUNICH–Stefan Lampa has been appointed new CEO of ProGlove, a global pioneer in wearable scanner solutions for innovating human-centred productivity. Lampa previously held executive management positions at large renowned industry leaders such as ABB, KUKA Roboter and Cargotec. With more than 30 years in the industry, the experienced CEO will leverage his profound knowledge and expertise to continue ProGlove’s international growth path. Lampa will start his position on March 1 and succeeds Andreas Koenig, who steps down for personal reasons.

“We are very pleased that Stefan Lampa will become our new CEO”, said Ken Allen, Chairman of the Board at ProGlove. “Stefan has a clear vision, promotes a collaborative work culture, and is committed to driving innovation as the key prerequisite for our business success. This makes him the perfect match to continue Andreas Koenig’s inspiring leadership, which has taken the company from a start up to a fast-scaling company.”

“ProGlove is superbly positioned to address some of the key topics many traditional industry organizations are struggling with”, Stefan Lampa said, CEO at ProGlove. “Digitalization and human-machine collaboration are just two examples. What really gets me excited about ProGlove, though, is the young, energetic team. This reminds me of the pioneer spirit I experienced during the early days of industry robotics. To be successful in our targeted market we will need to generate value for our customers. At ProGlove, I see the commitment, dedication and agility to put ourselves in our customers’ shoes and design the solutions that will make a difference for them.”

Lampa’s track record speaks for itself

Stefan Lampa has a background in mechanical engineering and gained significant experience in the areas of digitalization and Industry 4.0. Both became a focus of his leadership. Before joining ProGlove, Lampa held a position as President at Cargotec Corporation. During his tenure he drove a transformational strategy to turn the traditional heavy logistics equipment supplier into a technology leader based on electrification, robotics and a digital offering. As CEO of KUKA Roboter, Lampa re-focused the robotics maker to include the general industry market as a complement to its existing automotive business. He also established a new corporate culture that hinges on a collaborative and international approach. Lampa’s extensive executive management experience also includes 23 years with ABB, including six years as Global Head of Robots & Applications.

“Stefan’s track record speaks for itself” Andreas Näsvik said, Partner and Head of Industrial & Business Services, Nordic Capital Advisors and Board member of ProGlove. “At Cargotec, he not only improved the profitability, but helped streamline the company. At KUKA Roboter, he delivered the best financial results of any KUKA company ever to date in 2017 and 2018. His remarkable accomplishments also include the turn-around and comeback of ABB Robotics during 2011-2015. While these are certainly the things that impressed the Board of ProGlove and Nordic Capital as the owner of ProGlove, it was just as important to find somebody who will continue the splendid work of Andreas Koenig. Needless to say, we are certain that Stefan with his excellent communications and participative work approach is a perfect fit for ProGlove and that he will take this organization to the next level.”

About ProGlove

Founded in 2014, ProGlove provides smart wearable scanner solutions that fuel a continual stream of worker-driven productivity gains. More than 2,000 global industrial customers trust in ProGlove’s innovations. Organizations deploy them to optimize worker experience, maximize uptime, and get more done with existing teams. The company’s hard- and software solutions augment the boots on the ground and promote human-machine collaboration. This brings speed, accuracy, guidance, and ergonomics to the shopfloor workers. Thus, ProGlove’s wearable tech solutions provide organizations with unique shopfloor and device data points. This powerful combination of soft- and hardware enables significant process optimizations, error reductions, and worker well-being enhancements. Pioneers and innovators of all sizes in automotive, manufacturing, retail, and logistics rely on ProGlove. Users report productivity gains of up to 20 per cent and up to 33 per cent fewer errors. With each scan, they can leverage time savings of up to 6 seconds per scan. ProGlove’s customers include organizations such as BMW, DHL, Gap Inc., and Lufthansa Technik Logistik Services. The wearable tech pioneer employs more than 350 people from over 30 countries with offices in Chicago (US), Coventry (UK), Munich (Germany), and Belgrade (Serbia). More information is available at www.proglove.com.

About Nordic Capital

Nordic Capital is a leading private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and selectively, Industrial & Business Services. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested EUR 22 billion in over 130 investments. The most recent entities are Nordic Capital XI with EUR 9.0 billion in committed capital and Nordic Capital Evolution with EUR 1.2 billion in committed capital, principally provided by international institutional investors such as pension funds.  Nordic Capital Advisors have local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway and South Korea. For further information about Nordic Capital, please visit www.nordiccapital.com

“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which are referred to as “Nordic Capital Advisors”