Milestone Systems CEO Transition: Thomas Jensen Steps Down

3 Dec 2025

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Milestone Systems CEO Thomas Jensen steps down; recruitment for new CEO initiated.
Jeppe Frandsen appointed interim CEO, ensuring continuity, not considered for permanent role.
Canon strengthens board influence with Seymour Liebman's appointment as vice chairman.

Thomas Jensen, the CEO of Milestone Systems, has stepped down from his role effective immediately, prompting the company to begin its search for a new pioneer.

The board of directors has decided to enhance cohesion and collaboration within the organization by appointing an interim CEO and initiating the recruitment process for Jensen's successor.

Appointment of Interim CEO

Jeppe Frandsen, who has been the vice-chairman of Milestone's board since 2015, has been named as the acting CEO. Consequently, Frandsen will no longer serve on the board.

Lau Normann Jørgensen, the chairman of Milestone, also revealed in a press release that Seymour Liebman, Executive Vice President at Canon, has assumed the position of vice chairman on the board.

Recruitment for a New Chief Executive

The board has clarified that Frandsen will not be a candidate for the permanent CEO role

The board has clarified that Frandsen will not be a candidate for the permanent CEO role. Instead, he will collaborate closely with the leadership team to ensure smooth operations and maintain the company's momentum during the transition. "Jeppe Frandsen will during his tenure as interim CEO work closely with the leadership team to ensure continuity and accelerate momentum," states Jørgensen.

While no further details were provided regarding Jensen's departure, Jørgensen acknowledged Jensen's successful efforts over the past five years, which include establishing Milestone as a pioneer in areas like responsible technology, AI, and data sovereignty within the EU. "We thank Thomas for his contributions and wish him all the best in his future endeavors," added Jørgensen.

Canon's Enhanced Board Presence

Alongside the changes in leadership, Milestone has seen an enhanced presence from Canon on its board. Seymour Liebman's appointment as vice chairman is part of Canon's strong commitment to Milestone.

This commitment is further underscored by the involvement of Minoru Asada, Group Executive F&A, as Jørgensen emphasized in the announcement.

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Milestone Systems’ CEO Thomas Jensen is stepping down from his position with immediate effect, and the company is now searching for a new pioneer.

”To further strengthen cohesion and collaboration across the organization, the board of directors has agreed to initiate a search for a successor for the position of Chief Executive Officer. As a result, Thom-as Jensen has stepped down from his role as CEO. The Vice-Chairman of the board since 2015, Jeppe Frandsen will be acting CEO effective today and consequently no longer be part of the board,” writes Milestone’s chairman Lau Normann Jørgensen in a press release, which also states that Seymour Liebman, Executive Vice President at Canon, has joined the board as vice chairman.

Recruitment of a new CEO underway

Jeppe Frandsen, who has served on Milestone’s board for over ten years as vice chairman, will not be considered for the permanent CEO position, but he will work closely with the board to recruit a new CEO.

”Jeppe Frandsen will during his tenure as interim CEO work closely with the leadership team to ensure continuity and accelerate momentum. Milestone is a world leader in our industry and has a solid foun-dation in our strategy, offerings and product roadmap,” states Lau Normann Jørgensen.

Lau Normann Jørgensen does not comment further on the circumstances surrounding Thomas Jensen’s departure, but writes that during his five years as the leader of Milestone, he successfully positioned the company as a frontrunner in “responsible technology, AI, and the EU’s data sovereignty agenda.” “We thank Thomas for his contributions and wish him all the best in his future endeavors.”

Canon strengthens its grip on the board

At the same time, Lau Normann Jørgensen welcomes Seymour Liebman, Executive Vice President at Canon, to the board.

“Seymour’s appointment, together with Minoru Asada, Group Executive F&A, underscores Canon’s strong commitment to Milestone,” he emphasizes.

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Lau Normann Jørgensen Milestone Systems

Thomas Jensen Milestone Systems

Seymour Liebman Canon USA, Inc.

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Canon USA, Inc.

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