Leadership & Pay ·
Innventure announced a significant leadership overhaul and governance restructuring effective September 1, 2026
INVInnventure, Inc.
Innventure announced a significant leadership overhaul and governance restructuring effective September 1, 2026. Dr. William Grieco assumes the role of Chief Executive Officer and director, replacing retiring CEO Gregory W. Haskell. Bruce Brown was appointed independent Chairman of the Board, succeeding Michael Otworth, while Suzanne Niemeyer resigned from the Board, reducing its size to eight directors. The company also launched a search for a new CFO following David Yablunosky's expected departure and announced Dr. John Scott's exit as Chief Strategy Officer. Concurrently, Innventure disclosed a putative securities class action complaint filed on August 28, 2026, alleging misleading statements regarding business operations during the period from November 17, 2025 to August 13, 2026. The company is also implementing cost reductions, lowering quarterly parent-level cash expenses from $7.5 million to $4.5 million and exploring strategic alternatives for its AeroFlexx subsidiary. Innventure operates as an industrial growth conglomerate that commercializes breakthrough technology solutions through its operating companies.