Wiser Technology Enters Its Next Growth Stage with a Leadership Transition
Wiser Technology Enters Its Next Growth Stage with a Leadership Transition
Ivaylo Slavov Appointed CEO and Torsten Wegener Named Managing Director to Accelerate International Scale and Execution
Sofia, Bulgaria, February 3, 2026 — Wiser Technology (BUL:WISR) today announced the appointment of Ivaylo Slavov as Chief Executive Officer (CEO) and Torsten Wegener as Managing Director, effective today.
The leadership transition marks Wiser Technology’s move into its next growth stage, focused on scaling internationally, strengthening execution, and building a technology company designed for long-term growth.
This transition reflects more than scale. It reflects Wiser Technology’s continued commitment to a company shaped by innovation and real-world impact, where strong governance and execution support a passion for applying advanced technology.
Slavov and Wegener have served on Wiser Technology’s Board of Directors for nearly a year, giving them deep visibility into the company’s operations and strategy. This context, combined with their entrepreneurial and enterprise leadership experience, positions them to move fast, make informed decisions, and lead the next phase of growth with clarity and confidence.
With this foundation in place, Wiser Technology is now focused on:
- Scaling international operations and market presence;
- Strengthening delivery excellence and execution;
- Accelerating enterprise growth across key verticals;
- Building an operating model designed for sustained scale, supporting the company’s progression toward €100 million in annual revenue.
Ivaylo Slavov is a serial entrepreneur and corporate executive with more than 30 years of international experience across IT, financial, and business services. He has a proven track record of building and scaling both start-ups and established organizations, with a strong focus on international growth and execution.
Slavov founded BULPROS (predecessor of DIGITALL) and led the company to become one of the largest technology companies in Bulgaria and among the fastest-growing in Europe. He currently serves as Chairman of the Board and CEO of Elevate and Founder and CEO of Finance Partner. Earlier in his career, he held senior leadership roles at Microsoft, Adecco, SEB, Unisys, and Comparex (PC Ware) across EMEA. Slavov also serves on several boards, including the AHK German-Bulgarian Chamber of Industry and Commerce.
Torsten Wegener is a seasoned technology entrepreneur and corporate executive with more than 30 years of international experience in digital services and enterprise technology. He has founded, scaled, and transformed multiple technology-driven businesses, combining entrepreneurial execution with enterprise-scale leadership and deep expertise in international expansion and M&A.
Wegener co-founded DD Synergy and C:1 Solutions, the latter of which was successfully acquired by Cognizant (NASDAQ: CTSH). Following the acquisition, he served as Vice President of the Digital Business Group at Cognizant Germany. Most recently, he was a member of the Executive Board of adesso SE (ETR: ADN1), where he led international expansion, SmartShore, and global delivery models, and scaled data, analytics, AI, and digital platform businesses. He currently serves on supervisory and advisory boards, including Exasol AG (ETR: EXL).
Together, Slavov and Wegener combine entrepreneurial execution, enterprise-scale leadership, and deep international networks, with a shared mindset shaped by building technology businesses where innovation, delivery, and scale reinforce each other.
“Wiser Technology has built a strong foundation and a powerful platform for scale. What excites me is the combination of deep technology capability, strong teams, and the ambition to build something that truly matters. Our focus is scalable growth and execution, always with a passion for technology, innovation, and creating long-term value,” said Ivaylo Slavov, CEO of Wiser Technology.
“Wiser Technology combines strong engineering, international delivery capability, and the discipline required to execute complex, mission-critical programs at scale. Our focus is global expansion, deeper enterprise partnerships, and building an operating model where technology, innovation, and execution consistently translate into sustainable growth,” said Torsten Wegener, Managing Director of Wiser Technology.
Founder and outgoing CEO Kosta Jordanov led Wiser Technology through a period of accelerated scaling, growing annual revenue from €2.6 million to €39 million in three years, and driving the company through complex post-acquisition integration and platform consolidation. Jordanov remains a member of the Board of Directors and will continue to lead M&A strategy, investor relations, and public markets engagement, supporting Wiser Technology’s long-term growth and capital markets strategy.
As part of the broader leadership evolution, Wiser Technology also announced the appointment of Martin Milanov as Chief Financial Officer.
Milanov brings strong experience across corporate finance, financial strategy, and performance management, with a particular focus on Financial Planning and Analysis (FP&A) and building data-driven financial frameworks to support scale. Prior to joining Wiser Technology, he held senior finance leadership roles at Chaos Group, a global technology company recognized for its innovation in computer graphics and visual effects. Earlier in his career, he worked closely with leadership teams on financial planning, forecasting, and performance optimization, supporting growth in fast-scaling technology environments.
Milanov is a graduate of London Business School. His appointment supports Wiser Technology’s focus on building a scalable financial platform to enable growth, innovation, and long-term performance.
This leadership transition supports Wiser Technology’s long-term mission to engineer software that matters, building technology that helps customers, industries, and communities operate, adapt, and grow in a rapidly changing world. With a clear focus on innovation, execution, and impact, Wiser Technology continues to build toward a wiser, resilient, and thriving future. As the company moves into its next growth stage, one thing remains constant: We Have The Code® – to build, to scale, and to deliver what truly matters.
“Receiving this award from Mayor Terziev at such an influential national forum is a tremendous honor,” said Kosta Jordanov. Wiser AI Factory embodies our belief that enterprises can innovate faster and more sustainably when AI is accessible, governed, and scalable. This recognition strengthens our commitment to building solutions that elevate the competitiveness of Bulgarian and global organizations. It is also a powerful recognition for the work of my colleagues – prof. Anton Gerunov and his AI team, Krasimir Kosev and his DevAIOps team, and Kristian Smilenov, who are the technological and business drivers behind Wiser AI Factory,” added Jordanov.
The Code defines the principles that make complex transformation predictable and scalable. It brings strategy, architecture, engineering, and organizational enablement into one continuous system – from intent to long-term adoption. The model reflects how Wiser teams consistently deliver in environments where reliability, compliance, and measurable outcomes are non-negotiable.
“We are executing on our strategic roadmap to move from a phase of acquisition-led hyper-scale to one of focused integration and efficiency,” said Kosta Jordanov, CEO of Wiser Technology. “Delivering 39% growth during a quarter dedicated to internal restructuring confirms the resilience of our business model,” added Jordanov.
