Patrik Tolf steps down as CFO of the Vitrolife Group - Helena Wennerström appointed acting CFO
Vitrolife AB announces the departure of CFO Patrik Tolf due to personal reasons.
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Rhea-AI Summary
Vitrolife AB announces the departure of CFO Patrik Tolf due to personal reasons. Helena Wennerström has been appointed as acting CFO, bringing extensive experience from previous roles as CFO at ViaCon Group AB and EVP & CFO at Bulten AB. Wennerström will assume the position immediately, with Tolf supporting during a transition period. The company has initiated the recruitment process for a permanent CFO.
Positive
- Immediate appointment of experienced acting CFO with strong financial background
- Smooth transition period planned with outgoing CFO's support
Negative
- Unexpected departure of CFO creates temporary leadership uncertainty
- Additional costs and time required for permanent CFO recruitment
Details
News Market Reaction – VTRLY
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GOTHENBURG, Sweden, Dec. 3, 2024 /PRNewswire/ -- Vitrolife AB (publ) announces today that Patrik Tolf will be stepping down as Chief Financial Officer due to personal reasons. Helena Wennerström will assume the role of acting CFO. Helena has extensive experience in finance and business management, including having served as CFO at ViaCon Group AB and EVP & CFO at Bulten AB.
"We are very pleased that Helena Wennerström is taking on the role of acting CFO. She will bring deep competence and a wealth of experience to the Vitrolife Group. I would like to take this opportunity to sincerely thank Patrik for his contributions to the company over the past three years and wish him every success in the future," Bronwyn Brophy O'Connor, CEO of Vitrolife Group.
Helena Wennerström will immediately assume the role of acting CFO and Patrik will be here to support her during a transition period. The recruitment of a permanent CFO is being initiated.
Gothenburg, December 3, 2024
VITROLIFE AB (publ)
Bronwyn Brophy O'Connor, CEO
The information was submitted for publication, through the agency of the contact persons set out above, at 03-12-2024 10:30 CET.
Contact:
Bronwyn Brophy O'Connor, CEO, bbrophy@vitrolife.com
Amelie Wilson, Investor Relations, awilson@vitrolife.com
This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.
This information was brought to you by Cision http://news.cision.com
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Patrik Tolf steps down as CFO of the Vitrolife Group - Helena Wennerström appointed acting CFO |
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