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Thomas Sandgaard

From Wikipedia, the free encyclopedia
Thomas Sandgaard
Born
Denmark
EducationMBA
Alma materCopenhagen Business School
OccupationsEntrepreneur, inventor
Years active1996-present
Known forCharlton Athletic, Zynex Inc

Thomas Sandgaard is a Danish entrepreneur and inventor based out of Colorado.[1][2][3] Sandgaard is the founder and CEO of Zynex Inc.[4]

Career

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Sandgaard was born and raised in Denmark. He obtained his BSc in electrical and electronics engineering from University of Southern Denmark. He graduated from Copenhagen Business School with an MBA degree in marketing. In 1996, he moved to the United States and later in 2018, he gained US citizenship.[citation needed]In 1996, he founded Zynex Inc.[5] and in August 2018, he founded The Sandgaard Foundation with a goal to end the opioid epidemic and save lives from opioid overdose.[6]

In September 2020, Sandgaard acquired Charlton Athletic Football Club.[7] In February 2021, Sandgaard also made a deal to acquire Charlton Athletic Women's Football Club, bringing both clubs under the same ownership for the first time since 2007.[8] On 21 July 2023, Sandgaard sold both clubs to Global Football Partners.[9]

In January 2026, a federal grand jury in the US indicted Sandgaard with medical and securities fraud in relation to Zynex’s billing practices.[10] [11]

Patents obtained by Thomas Sandgaard

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  • Method and apparatus for non-invasively detecting blood volume imbalances in a mammalian subject (20190150761), 2019[12]
  • Methods and apparatus for estimating a blood volume of a mammalian subject (20120016246), 2012[13]
  • Electromyogram-triggered neuromuscular stimulation device and method (20050113883), 2005[14]

References

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  1. "Charlton trust will take time - Sandgaard". BBC Sport. Retrieved 9 September 2020.
  2. "Charlton boost as wealthy businessman plots purchase of crisis club". Evening Standard. 14 August 2020. Retrieved 9 September 2020.
  3. "Dansker vil betale 400 millioner for engelsk traditionsklub". FINANS (in Danish). 17 August 2020. Retrieved 9 September 2020.
  4. "Zynex's Thomas Sandgaard says stubbornness serves him well". www.bizjournals.com. Retrieved 14 August 2020.
  5. "This Colorado CEO plays guitar, but it's his addiction-destroying device that's the rock star". www.bizjournals.com. Retrieved 14 August 2020.
  6. "Tighter focus, additional funding crucial to combat opioid crisis, group says". dispatch.com. Retrieved 14 August 2020.
  7. "Thomas Sandgaard acquires Charlton Athletic Football Club".
  8. "Charlton Women: Thomas Sandgaard agrees deal to take over club". BBC Sport. 2021-02-03. Retrieved 2026-07-22.
  9. "GLOBAL FOOTBALL PARTNERS PURCHASE CHARLTON ATHLETIC".
  10. Lague, Lindsay (21 January 2026). "Former Zynex, Inc. Executives Charged with Health Care and Securities Fraud and Related Offenses" (Press release). Rhode Island: U.S. Department of Justice. U.S. Department of Justice. Retrieved 14 June 2026.
  11. Low, Harry (22 January 2026). "Former Charlton Athletic owner charged with fraud". BBC. Retrieved 22 January 2026.
  12. "METHOD AND APPARATUS FOR NON-INVASIVELY DETECTING BLOOD VOLUME IMBALANCES IN A MAMMALIAN SUBJECT". patents.justia.com. Retrieved 14 August 2020.
  13. "METHODS AND APPARATUS FOR ESTIMATING A BLOOD VOLUME OF A MAMMALIAN SUBJECT". patents.justia.com. Retrieved 14 August 2020.
  14. "Electromyogram-triggered neuromuscular stimulation device and method". patents.justia.com. Retrieved 14 August 2020.