Vantiva Announces Leadership and Governance Changes

Vantiva announced today that Tim O’Loughlin is stepping down from his role as Chief Executive Officer and Director. Tim's resignation, effective immediately, is due to personal reasons. The Board of Directors will commence the search for a permanent CEO. In the interim, Chief Financial Officer Lars Ihlen has been appointed as CEO.

Lars Ihlen continues his dual role as Interim CEO and CFO, having been with the company for 15 years. Chairwoman Katleen Vandeweyer expressed gratitude for Tim's leadership, particularly in refocusing and streamlining operations over his two-year tenure. The company is confident in Lars’ capability to lead during this transitional period.

Additionally, Tony Werner will vacate his board position ahead of Vantiva's move to Euronext Growth but will remain a technical advisor. These changes reflect the company's evolving governance structure.