Management ChangeJun 30, 2026, 08:26 AM
Innventure Appoints Dr. Bill Grieco as New CEO; Haskell Retires
AI Summary
Innventure, Inc. announced a leadership transition with Gregory W. Haskell retiring as CEO and director, effective October 1, 2026. Dr. William Grieco, currently CEO of subsidiary Refinity, has been appointed as the new CEO and a Class I director, also effective October 1, 2026. Mr. Haskell will serve as an advisor until July 15, 2027, to ensure a smooth transition. Dr. Grieco's compensation package includes an annual base salary of $550,000, a target annual cash bonus of 100% of base salary, and equity grants totaling $2,500,000 over time.
Key Highlights
- Gregory W. Haskell to retire as CEO and director effective October 1, 2026.
- Dr. William Grieco appointed as CEO and Class I director, effective October 1, 2026.
- Dr. Grieco's annual base salary set at $550,000.
- Dr. Grieco eligible for annual cash bonus target of 100% of base salary.
- Dr. Grieco to receive $1,000,000 in restricted stock units upon employment.
- Dr. Grieco to receive annual equity grant of $1,500,000 starting April 2027.
- Haskell to serve as advisor until July 15, 2027, with COBRA reimbursement and equity vesting.
Price Impact
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