PragmatIC appoints Erik Langaker as Chair of the Board to support increasing scale of business

PragmatIC appoints Erik Langaker as Chair of the Board to support increasing scale of business

PragmatIC, a world leader in flexible electronics, has appointed Erik Langaker as independent Chair to complement its existing strong Board of Directors.

This appointment comes alongside additional funding of over £13 million to support ongoing production ramp-up, accelerate manufacturing optimisation and drive continued product innovation.

Erik Langaker has an extensive background of developing and commercialising technology businesses, with 30 years’ international experience in private equity and entrepreneurial ventures. He has been an active investor and Chair, or Board Director, in 25 companies. Many are in complementary sectors to PragmatIC, such as his current Chair position at Kezzler AS whose patented item-level serialisation technology helps brands combat counterfeit goods, eliminate unauthorised distribution, and improve consumer engagement.

As Chair of CMR Surgical Ltd, he helped raise more than £250 million, leading them to an increase in valuation from £30 million to well over £1 billion while the number of employees increased from around 40 to nearly 500. He brings extensive experience in chairing public companies, most recently as Chair of European R&D engineering company Data Respons ASA which was sold to AKKA Technologies SE.

Source: Pragmatic

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