VIQ Solutions Inc. Announces Appointment of Larry Taylor as CEO
Rhea-AI Summary
VIQ Solutions (OTC: VQSSF) announced on December 10, 2025 that Larry Taylor has been appointed Chief Executive Officer.
Larry previously served on VIQ's board for 10 years as chair and led the company on an interim basis, with the board citing his operational discipline and readiness to advance the company's strategic priorities. As CEO he will focus on strengthening execution across VIQ's global structured operating architecture and on continued implementation of processes in Australia to improve customer service and reduce delays.
Positive
- Appointment of Larry Taylor as CEO effective December 10, 2025
- Larry served on the Board for 10 years as chair
- Interim leadership demonstrated operational discipline
- CEO mandate to strengthen global operating architecture
- Ongoing execution work in Australia to improve service levels
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
Peers showed mixed moves (e.g., RDAR up 16.67%, QGSI down 10.26%), with no clear, coordinated direction across the application software group.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 02 | Product development | Positive | -5.7% | Announced SmartAudit verification technology targeting full transcription verification. |
| Nov 12 | Earnings/results | Positive | -7.7% | Reported higher revenue, margins and adjusted EBITDA with Australian efficiencies. |
| Nov 06 | Earnings timing | Neutral | +5.2% | Set date to release Q3 2025 results and provided basic business overview. |
| Oct 28 | Private placement | Neutral | +0.3% | Closed insider‑led private placement of 10.75M units for ~C$2.0M. |
| Oct 22 | Private placement | Neutral | +0.1% | Announced insider‑led private placement for up to ~C$2.0M in units. |
Recent history shows the stock often declined after operationally positive news, while capital raises and scheduling updates saw muted or slightly positive reactions.
Over the last few months, VIQ reported operational and financial milestones, including Q3 2025 revenue of $10.9M and adjusted EBITDA of $1.4M, plus technology initiatives like VIQ SmartAudit targeting a mid‑2026 release. Insider‑led private placements in late October 2025 raised roughly C$2.0M. Despite these developments, shares fell after the SmartAudit and Q3 updates. Today’s CEO appointment fits into an ongoing effort to execute a structured global operating strategy, including work in Australia highlighted in prior releases.
Market Pulse Summary
This announcement highlights a key leadership transition, with Larry Taylor moving from a 10‑year board role and interim leadership into the CEO position. The company emphasized execution of its global structured operating architecture and ongoing work in Australia, connecting this move to prior operational updates. Investors may focus on how the new CEO drives consistency, accountability, regional performance, and whether execution progress shows up in future financial and customer‑satisfaction metrics.
AI-generated analysis. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - December 10, 2025) - VIQ Solutions Inc. (TSXV: VQS) ("VIQ" or the "Company") is pleased to announce that Larry Taylor has been appointed Chief Executive Officer of the Company. Larry's extensive experience on the board of directors of VIQ (the "Board"), coupled with the operational discipline demonstrated during his interim leadership, positions him to advance the Company's strategic priorities. As CEO, Larry will focus on strengthening execution across the Company's global structured operating architecture, ensuring consistency, accountability, and continued progress within each region - including the execution work underway in Australia.
"The Board is pleased to see Larry step into the CEO role," said Brad Wells, Chairman of the Board. "Larry knows this company well - having served on the Board for 10 years as Chair. He understands our strengths, challenges, and the disciplined leadership required to move the Company forward. His commitment to implementation, consistency, and accountability makes him the right leader to carry our strategy into the next phase. VIQ serves leading organizations across multimedia, insurance, and courts and justice. We are also confident in the continued implementation of our operating model into the Australian market, where the processes and workflows that have consistently performed well in the U.S. and U.K. are now being applied to increase customer service levels, reduce delays, and elevate overall customer satisfaction."
Media Contact:
Jacob Manning, VIQ Solutions
Email: marketing@viqsolutions.com
Company Contact:
Larry Taylor, CEO, VIQ Solutions Inc.
(800) 263-9947
For more information about VIQ, please visit viqsolutions.com.
About VIQ Solutions
VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost.
Forward-Looking Statements
Certain statements included in this press release constitute forward-looking statements or forward-looking information (collectively, "forward-looking statements") under applicable securities legislation. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes.
Forward-looking statements typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project" or similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking statements in this press release include but are not limited to statements with respect to the Company's ability to accelerate automation, optimize costs, and improve scalability in the future, expected margin improvement and the Company's focus and its priorities.
Forward-looking statements are based on several factors and assumptions which have been used to develop such statements, but which may prove to be incorrect. Although VIQ believes that the expectations reflected in such forward-looking statements are reasonable, undue reliance should not be placed on forward-looking statements because VIQ can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified in this press release, assumptions have been made regarding, among other things, recent initiatives, cost savings from workforce and product optimization and cost reductions from the Company's workflow solutions. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions that have been used.
Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that while considered reasonable by the Company as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, including but not limited to the factors described in greater detail in the "Risk Factors" section of the Company's annual information form and in the Company's other materials filed with the Canadian securities regulatory authorities.
These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. Such estimates and assumptions may prove to be incorrect or overstated. The forward-looking statements contained in this press release are made as of the date of this press release and the Company expressly disclaims any obligations to update or alter such statements, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277325
FAQ
Who is the new CEO of VIQ Solutions (VQSSF) as of December 10, 2025?
What relevant experience does Larry Taylor bring to VIQ Solutions (VQSSF)?
What will be Larry Taylor's priorities as CEO of VIQ Solutions (VQSSF)?
How will VIQ Solutions (VQSSF) expand operations in Australia under the new CEO?
Who commented on Larry Taylor's appointment at VIQ Solutions (VQSSF)?
