Roland Austrup
About Roland Austrup
Roland Austrup, 61, is Innventure’s Chief Growth Officer and an executive officer of the company. He served as Innventure LLC’s CFO (2021–2023), Head of Capital Markets (2023), and became Chief Growth Officer in June 2024; he has been on the Executive Committee since 2023. Austrup holds a B.A. with Honours from the University of Western Ontario and also sits on the ESG Fund investment committee through Innventure Management Services .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Innventure LLC | Chief Financial Officer | 2021–2023 | Led finance while Innventure scaled operating companies and prepared for the October 2024 business combination . |
| Innventure LLC | Head of Capital Markets | 2023 | Oversaw capital markets activities pre-listing . |
| Innventure Inc. | Chief Growth Officer | Jun 2024–present | Drives growth strategy post-public listing; member of Executive Committee since 2023 . |
| Innventure Management Services (ESG Fund) | Investment Committee member | Ongoing | Exercises voting and investment power over the ESG Fund with CIO Lucas Harper and CSO Dr. John Scott . |
External Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| WaveFront Global Asset Management Corp. | Chairman & Managing Principal | Since 2019 | Co-founded and leads Toronto-based global hedge fund; capital markets expertise . |
| Envest Corp. | Co-founder & Director | N/A | Downstream energy company governance and strategy . |
| University of Waterloo (MQF Program) | Advisory Board member | N/A | Academic-industry bridge in quantitative finance . |
| First Tracks Capital | Advisory Board member | N/A | Private equity advisory . |
| BMO Nesbitt Burns Inc. | Investment Advisor | Prior to Innventure | Institutional and corporate advisory . |
| ScotiaMcLeod Inc. | Commodities Broker | Early career | Corporate commodity risk hedging . |
Fixed Compensation
| Year | Base Salary ($) | Target Bonus (%) | Notes |
|---|---|---|---|
| 2025 | 450,000 | 100% of base salary | STI performance measures to be set by the Compensation Committee (approved target opportunity) . |
Performance Compensation
| Plan Year | Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| 2025 STI | To be determined by Committee | N/A | N/A | N/A | N/A | Cash bonus; metrics/terms forthcoming . |
No 2024 NEO tables include Austrup due to EGC/smaller reporting company scope; his 2025 incentive opportunity is disclosed, but detailed metrics and actual payouts are not yet set or reported .
Equity Ownership & Alignment
| As-of Date | Common Shares Beneficially Owned | % of Common | Series B Pref. | % of Series B | Series C Pref. | % of Series C |
|---|---|---|---|---|---|---|
| Oct 6, 2025 (record) | 863,264 | 1.49% | — | — | — | — |
| Oct 14, 2025 (record) | 863,264 | 1.49% | — | — | — | — |
- Vested vs. unvested breakdown and option balances for Austrup are not specifically footnoted; tables include securities exercisable within 60 days if applicable .
- Insider Trading Policy prohibits hedging and discourages pledging of company securities; no pledging disclosed for Austrup .
- Lock-up restrictions for certain insiders broadly lapsed on April 1, 2025, increasing potential liquidity; individual sales by Austrup are not disclosed here .
Employment Terms
- Executive Officer Status: Confirmed executive officer (Form D) .
- 2025 Compensation: Base salary $450,000; STI target equal to 100% of base salary; Committee to set performance measures and payout terms .
- Clawback: Board adopted Nasdaq Rule 5608-compliant clawback policy in Oct 2024 covering incentive-based compensation for Section 16 officers .
- Insider Trading Policy: Prohibits hedging/monetization and discourages pledging/margin use; sets trading compliance rules .
- Related Party Arrangement: L1FE Management Limited (100% owned by Austrup) received fees for CFO-type services to Innventure LLC in 2023 and 2024; amounts disclosed as $300 for each year and small year-end payables noted .
Compensation Structure Observations
- Mix: For 2025, targeted at-risk STI equals base salary (100%), indicating high pay-for-performance potential once metrics are set .
- Governance: Compensation Committee (independent directors) sets executive pay policies and approves equity/incentive grants .
- Clawback/Hedging/Pledging: Strong governance mechanisms reducing misalignment risk (clawback; anti-hedging; pledging discouraged) .
Risk Indicators & Red Flags
- Related Party Transactions: The L1FE Management Limited arrangement may present perceived conflicts; amounts and counterparties disclosed in S-1 .
- Dilution Overhang (Company-Level): Yorkville debentures and SEPA approvals indicate potential dilution dynamics; while not individual-specific, they can affect equity-based alignment and market liquidity .
Performance & Track Record
- Role-based impact: Transitioned from CFO to growth leadership as Innventure executed its business combination and advanced its “Disruptive Conglomerate Model” to build and hold majority-owned operating companies (Accelsius, Refinity) .
- Capital stewardship: Investment committee role for ESG Fund demonstrates capital allocation influence across portfolio companies .
Compensation Committee & Governance Context
- Committee Composition: Compensation Committee chaired by Bruce Brown; members include James O. Donnally and Dan Hennessy; all independent under Nasdaq .
- Board Independence and Structure: Majority independent board; committee oversight on risk and compensation programs .
Investment Implications
- Alignment: Austrup’s 1.49% stake supports meaningful skin-in-the-game; no pledging disclosed; hedging prohibited by policy .
- Pay-for-Performance: 2025 STI set at 100% of salary suggests material variable pay contingent on forthcoming performance goals—watch for final STI metrics and subsequent payouts as indicators of execution confidence .
- Liquidity/Overhang: Post-lock-up environment and corporate-level financing programs (SEPA/debentures) warrant monitoring for insider Form 4 activity and any potential selling pressure; granular insider trading data not included here .
- Governance Watchpoints: Related-party service fees through L1FE Management (Austrup-owned) are disclosed; continued Audit Committee oversight mitigates, but investors should track any updates to related-party arrangements .
Note: Say-on-pay outcomes, peer group benchmarking, severance/change-of-control terms, and detailed vesting schedules for Austrup are not disclosed in the cited filings; monitor future proxies and 8-K Item 5.02 updates for these specifics.