Accounts Payable automation vendor Medius has promoted Henrik Rosén to Chief Technology Officer (CTO). Rosén was previously VP of R&D and has worked at Medius for over twelve years. Before joining Medius, he was Director of Business Support at IFS and was responsible for strategic actions and projects for business development of the overall IFS RnD operation.
Rosén will lead the Research & Development (R&D) and the Customer Support organizations in his new role. He will also lead the cloud operations and security organisations within Medius. He will also oversee over 200 employees from Linkoping, Sweden and have responsibility for the R&D headquarters that is based in Krakow, Poland.
Henrik Rosén, CTO of Medius, commented, “Sweden has a long history of innovation – home of household technology names like Spotify, Klarna, and Northvolt. Medius is now amongst those top technology actors, drawing on the winning formula of exceptional talent in a relatively small and supporting technology ecosystem, and I’ve relished the opportunity to be a part of the Medius journey.
“In my new role as CTO, I’m excited to accelerate the innovation at Medius, investing in new technology areas which hold ample opportunity to ultimately bring more value to customers in this current economic climate.”
What now for Medius?
The Accounts Payable Automation sector is both large and competitive. In promoting Rosén, CEO Jim Lucier maintains continuity of strategy. He ensures little disruption to a key business element as he continues building the leadership team.
Medius recently announced its Medius Spend management solution is now SAP certified for its integration for RISE with SAP S/4HANA Cloud. It means it has the potential to grow quickly. It follows the “Built for NetSuite” status it achieved in December 2022.
Will Rosén take a bigger role as a spokesperson moving forward? It seems likely. With integrations to several leading ERP companies, where will Rosén take Medius next?
Enterprise Times: What does this mean
It is nearly a year since Medius received private equity funding from Advent International. Whilst this was a minority investment, Medius. The appointment is just the latest by Jim Lucier, CEO of, Medius, as he looks to build out the leadership team. It looks like 2023 is about execution. Is Rosén the last piece of the jigsaw?
Jim Lucier, CEO, of Medius, commented: “As we scale Medius into a billion-dollar growth company, Henrik will continue to play a key role in driving transformational change and spearheading technology leadership within the company – amplifying the importance of product and technology for Medius’s success.”
