Noventiq Holdings plc announced that Following the completion of its strategic review in July 2022, under Sergey Chernovolenko's leadership as CEO, the company successfully navigated a complicated process of demerger, safeguarding and strengthening the Noventiq business, while achieving strong business results. The company continued to evaluate options designed to ensure that the significant fundamental value of Noventiq is properly reflected by the market. As a result, in February 2023 the company signed a letter of intent to proceed with a potential business combination with Corner Growth Acquisition Corp.

to maximise and leverage significant opportunities within the U.S. investment market. Hervé Tessler will lead the project to complete the business combination, and will become Chief Executive Officer of Noventiq with immediate effect. Hervé will also join the Noventiq board of directors.

As a global senior executive with decades of international experience in US publicly traded corporations, Hervé brings a wealth of experience to this role in building diverse, high-performing teams across multiple geographies and functions. Hervé is well-versed in driving results and leading initiatives on a global scale to transform international operations and company-wide functions. Sergey Chernovolenko, who successfully navigated the company to next level of its development, will step down from the role of CEO and will focus on the continuation of the business growth trajectory and company development as President and COO of the company.

Sergey will continue as a member of the board of directors, and will support Hervé in his new role, as the company delivers a seamless transition.