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Patrik Tolf steps down as CFO of the Vitrolife Group - Helena Wennerström appointed acting CFO

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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.

Vitrolife AB annuncia le dimissioni del CFO Patrik Tolf per motivi personali. Helena Wennerström è stata nominata CFO ad interim, portando una vasta esperienza da precedenti ruoli come CFO presso ViaCon Group AB e EVP & CFO presso Bulten AB. Wennerström assumerà immediatamente la carica, con Tolf che fornirà supporto durante un periodo di transizione. L'azienda ha avviato il processo di reclutamento per un CFO permanente.

Vitrolife AB anuncia la salida del CFO Patrik Tolf por razones personales. Helena Wennerström ha sido nombrada CFO interina, aportando una amplia experiencia de roles anteriores como CFO en ViaCon Group AB y EVP & CFO en Bulten AB. Wennerström asumirá el cargo inmediatamente, con Tolf apoyando durante un período de transición. La empresa ha iniciado el proceso de reclutamiento para un CFO permanente.

Vitrolife AB는 개인적인 이유로 CFO Patrik Tolf의 퇴임을 발표했습니다. Helena Wennerström가 임시 CFO로 임명되었으며, ViaCon Group AB의 CFO 및 Bulten AB의 EVP & CFO로서의 폭넓은 경험을 가지고 있습니다. Wennerström은 즉시 직책을 맡고, Tolf는 전환 기간 동안 지원할 것입니다. 회사는 정규 CFO를 위한 채용 프로세스를 시작했습니다.

Vitrolife AB annonce le départ de son CFO Patrik Tolf pour des raisons personnelles. Helena Wennerström a été nommée CFO par intérim, apportant une vaste expérience de ses précédents postes de CFO chez ViaCon Group AB et EVP & CFO chez Bulten AB. Wennerström prendra ses fonctions immédiatement, avec Tolf apportant son soutien pendant une période de transition. L'entreprise a lancé le processus de recrutement pour un CFO permanent.

Vitrolife AB gibt den Abgang von CFO Patrik Tolf aus persönlichen Gründen bekannt. Helena Wennerström wurde zur amtierenden CFO ernannt und bringt umfangreiche Erfahrung aus vorherigen Positionen als CFO der ViaCon Group AB sowie EVP & CFO bei Bulten AB mit. Wennerström wird die Position sofort übernehmen, während Tolf während einer Übergangszeit unterstützend tätig sein wird. Das Unternehmen hat den Rekrutierungsprozess für einen festen CFO eingeleitet.

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

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

https://news.cision.com/vitrolife-ab--publ-/r/patrik-tolf-steps-down-as-cfo-of-the-vitrolife-group---helena-wennerstrom-appointed-acting-cfo,c4074981

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https://mb.cision.com/Main/1031/4074981/3147749.pdf

Patrik Tolf steps down as CFO of the Vitrolife Group - Helena Wennerström appointed acting CFO

 

Cision View original content:https://www.prnewswire.com/news-releases/patrik-tolf-steps-down-as-cfo-of-the-vitrolife-group---helena-wennerstrom-appointed-acting-cfo-302320745.html

SOURCE Vitrolife AB (publ)

FAQ

Why did Patrik Tolf leave his position as CFO at Vitrolife (VTRLY)?

According to the press release, Patrik Tolf stepped down as CFO of Vitrolife due to personal reasons.

Who is the new acting CFO of Vitrolife (VTRLY)?

Helena Wennerström has been appointed as acting CFO of Vitrolife, bringing experience from previous CFO roles at ViaCon Group AB and Bulten AB.

When did Helena Wennerström start as acting CFO at Vitrolife (VTRLY)?

Helena Wennerström assumed the role of acting CFO immediately as of December 3, 2024.

Is Vitrolife (VTRLY) searching for a permanent CFO?

Yes, Vitrolife has initiated the recruitment process for a permanent CFO position.

VITROLIFE AB UNSP/ADR

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