Sivers Semiconductors appoints new CFO
Sivers Semiconductors has appointed Heine Thorsgaard as its new CFO, effective September 1, 2025. In this role, Heine will be responsible for global finance, investor relations and IT operations.
Heine joins Sivers from Napatech, where he has been the CFO since 2018. Napatech sells high-speed, programmable network interface cards designed for real-time network performance management, cybersecurity, and data center .
“This appointment marks a significant milestone in the company’s growth trajectory. Heine brings a tremendous amount of relevant experience for our future ambition, in the areas of strategic finance, operational excellence, M&A, investor relations, fund raising and financing. He has a proven track record as a phenomenal business partner, and I look forward to working with him to pursue our vision and accomplish our mission critical objectives at Sivers,” said Vickram Vathulya, CEO of Sivers semiconductors.
“We thank Lottie Saks for all her efforts and contributions over the last five years, both on the Sivers board and subsequently as our CFO. We wish her all the best as she continues to work on her portfolio of non-executive board positions, as well as her next operational endeavour.”
“I am excited and honoured to join Sivers Semiconductors during a pivotal, transformative stage in its growth journey,” said Heine Thorsgaard, incoming CFO of Sivers Semiconductors. “The company’s innovative technologies and increasing customer traction position it strongly for scalable and sustainable value creation. I look forward to making a meaningful impact by leveraging my experience to support strategic execution, drive future growth, and contribute to long-term success for our shareholders.”
Heine has a Phd and masters degree in finance from Copenhagen University and a masters degree in international business from Roskilde University.
