Vitrolife appoints Patrik Tolf as new CFO

Rhea-AI Summary

Vitrolife AB has appointed Patrik Tolf as the new CFO, effective January 1, 2022. Tolf, currently serving as interim CFO at Karolinska University Hospital, has a strong background with previous roles in finance at Volvo Car Group and Saab AB. He replaces Mikael Engblom, who will remain in the position until Tolf's start date. CEO Thomas Axelsson expressed confidence in Tolf's operational and strategic expertise to enhance the company’s growth journey.

Positive

• Patrik Tolf's extensive experience in finance is expected to strengthen the management team.
• The leadership change may introduce fresh perspectives to Vitrolife's strategic direction.

Negative

• Concerns about continuity in leadership during the transition period.

GÖTEBORG, Sweden, Oct. 21, 2021 /PRNewswire/ -- Patrik Tolf has been appointed new CFO of Vitrolife AB (publ) effective 1 January 2022. Patrik is currently interim CFO at Karolinska University Hospital. Patrik is 51 years old and holds a master's degree in business administration and has previously held senior finance positions within Volvo Car Group and Saab AB (publ).

"We are pleased to welcome Patrik Tolf to Vitrolife and our executive management team and we look forward to benefiting from Patrik's broad operational and strategic experience in the company's continued growth journey," says Thomas Axelsson, CEO.

Patrik Tolf replaces Mikael Engblom who remains CFO until Patrik takes office.

VITROLIFE AB (publ)
Thomas Axelsson, CEO

CONTACT:

Queries should be addressed to:
Thomas Axelsson, CEO, tel 46 31 721 80 01
Mikael Engblom, CFO, tel 46 31 721 80 14

The information was submitted for publication, through the agency of the contact person set out above, at 8.30 am CET on October 21, 2021.

This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.

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https://news.cision.com/vitrolife-ab--publ-/r/vitrolife-appoints-patrik-tolf-as-new-cfo,c3436947

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New CFO

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SOURCE Vitrolife AB (publ)

FAQ

Who is the new CFO of Vitrolife AB?

Patrik Tolf has been appointed as the new CFO of Vitrolife AB.

When will Patrik Tolf officially start as CFO?

Patrik Tolf will officially start as CFO effective January 1, 2022.

What experience does Patrik Tolf bring to Vitrolife AB?

Patrik Tolf has experience as interim CFO at Karolinska University Hospital and has held senior finance positions at Volvo Car Group and Saab AB.

Who did Patrik Tolf replace as CFO at Vitrolife AB?

Patrik Tolf replaces Mikael Engblom, who will remain in the CFO role until Tolf takes office.

What does the appointment of Patrik Tolf mean for Vitrolife's future?

The appointment is expected to bring fresh perspectives and enhance strategic growth within Vitrolife.