Innventure cuts costs, reshapes board amid Accelsius strategy shift
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Innventure Leadership Increases Focus on Accelsius Value Creation, Implements Significant Cost Cuts, and Strengthens Board Independence
September 21, 2026 8:00 AM EDTCEO Bill Grieco directs Innventures focus on increasing the value of Accelsius
Parent-level cash expenses expected to significantly decline
Eric Stober to join as new CFO to guide strategic transformation
Michael Madon appointed as new independent director to replace Michael Otworth
ORLANDO, Fla., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Innventure, Inc. (NASDAQ: INV) (Innventure or the Company) today announced that it is concentrating on increasing the value of its interest in Accelsius, streamlining the parent organization to control... More
