Innventure Appoints Eric Stober as CFO, Effective October 19; Co. Implements Cost Reductions Expected To Lower Quarterly Parent-Level Cash Expenses To ~$3.2M By Year-End 2026

Innventure, Inc. has appointed Eric Stober as its new Chief Financial Officer, effective October 19, 2026, to lead a strategic transformation focused on enhancing the value of its interest in Accelsius. The company has implemented cost reductions expected to decrease quarterly parent-level cash expenses from $7.5 million to approximately $3.2 million by year-end 2026. Additionally, Michael Madon has been appointed as an independent director, and the Board has been restructured to improve independence, reducing its size from eight to seven members.