Corporate

Ellab Announces Upcoming CFO Transition

By Ellab

1 October 2025

Ellab announces that Chief Financial Officer Andreas Morthorst will leave the company at the end of 2025 to take on a new opportunity as CFO of Egmont, the Nordic region’s leading media group. A new CFO has already been appointed and is set to join Ellab no later than January 1st, 2026. Details of the incoming CFO will be announced as soon as external communication timing allows.

Andreas joined Ellab in 2022 and has been a key contributor to the company’s development during a period of strong growth and transformation.

Gergely Sved, Chief Executive Officer, commented:

We would like to thank Andreas for his contribution over the past three years, during which Ellab has undergone significant development. Andreas has been a valued member of the leadership team, and we wish him all the best in his next chapter.

Andreas Morthorst, outgoing CFO

Ellab is a truly special company with a strong culture and dedicated people. It has been a privilege to be part of this journey, and I will continue to follow Ellab with both professional interest and personal affection. I wish the company every success in the future and look forward to seeing its continued growth.

About Ellab

Established in 1949, Ellab has been a trusted partner to the life science industry, delivering end-to-end solutions in validation, monitoring, and calibration to help ensure compliance and safeguard product quality. Following its acquisition by Novo Holdings and The Lundbeck Foundation in 2023, Ellab has accelerated its global growth and broadened its capabilities to better serve the evolving demands of the sector. Today, the company employs around 800 professionals and maintains a presence in more than 40 countries, recognized for its deep industry expertise and commitment to customer success.

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