INVO Fertility announces leadership changes to enhance growth strategy focused on fertility clinics and related technologies.
Quiver AI Summary
INVO Fertility, Inc. has announced changes to its executive leadership team to better align its human resources with its growth strategy in the fertility sector. Terah Krigsvold, previously the controller, has been appointed as the new chief financial officer, succeeding Andrea Goren, who now takes on the role of chief business officer and CEO of INVO Centers LLC, the company’s subsidiary focused on fertility clinics. CEO Steve Shum expressed confidence in the promotions, highlighting their commitment and skills, which will support INVO's strategy for expanding its clinic operations. INVO Fertility is dedicated to improving access to assisted reproductive technologies and currently operates two INVO Centers and one IVF clinic in the U.S. along with the distribution of their proprietary IVC technology.
Potential Positives
- Appointment of Terah Krigsvold as new chief financial officer highlights the company's commitment to strong financial management in alignment with growth strategies.
- Andrea Goren's new role as chief business officer allows him to focus on executing growth strategies, particularly in acquisitions and new clinic launches.
- Strengthening the executive leadership team is expected to enhance the company's ability to grow and reach profitability in the competitive fertility sector.
- The successful integration and promotion of existing talent within the company signifies a positive internal culture and strategic foresight.
Potential Negatives
- The change in leadership, with Andrea Goren moving from CFO to a newly created role, may signal potential instability or a lack of confidence in the previous financial strategy.
- The company has two operational centers and one IVF clinic, indicating a limited footprint in a highly competitive market, which might raise concerns about growth prospects.
- The reliance on forward-looking statements without concrete results may lead to investor skepticism regarding the company's ability to achieve its growth and profitability goals.
FAQ
What recent leadership changes occurred at INVO Fertility?
Terah Krigsvold has been appointed as the new chief financial officer, replacing Andrea Goren, who becomes chief business officer.
What is INVO Fertility's primary business focus?
INVO Fertility specializes in establishing, acquiring, and operating fertility clinics and related technologies, emphasizing assisted reproductive technology (ART).
What is the INVOcell medical device?
INVOcell is a proprietary medical device that allows fertilization and early embryo development to occur within the woman's body.
How many INVO Centers are currently operational?
There are two operational INVO Centers in the United States and one IVF clinic that INVO Fertility operates.
What are the benefits of the IVC procedure?
The IVC procedure offers a more connected, intimate, and affordable experience compared to traditional IVF, with comparable results at a lower cost.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$IVF Insider Trading Activity
$IVF insiders have traded $IVF stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $IVF stock by insiders over the last 6 months:
- MATTHEW K SZOT sold 4 shares for an estimated $6
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$IVF Revenue
$IVF had revenues of $1.8M in Q3 2025. This is an increase of 22.6% from the same period in the prior year.
You can track IVF financials on Quiver Quantitative's IVF stock page.
$IVF Hedge Fund Activity
We have seen 8 institutional investors add shares of $IVF stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DRW SECURITIES, LLC added 174,520 shares (+inf%) to their portfolio in Q3 2025, for an estimated $132,617
- CITADEL ADVISORS LLC added 66,849 shares (+inf%) to their portfolio in Q3 2025, for an estimated $50,798
- JANE STREET GROUP, LLC added 41,280 shares (+inf%) to their portfolio in Q3 2025, for an estimated $31,368
- VIRTU FINANCIAL LLC added 16,100 shares (+inf%) to their portfolio in Q3 2025, for an estimated $12,234
- UBS GROUP AG removed 15,916 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $12,094
- MONEY CONCEPTS CAPITAL CORP added 15,558 shares (+inf%) to their portfolio in Q3 2025, for an estimated $11,822
- SBI SECURITIES CO., LTD. removed 5,057 shares (-73.2%) from their portfolio in Q3 2025, for an estimated $3,842
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SARASOTA, Fla., Dec. 30, 2025 (GLOBE NEWSWIRE) -- INVO Fertility, Inc. (Nasdaq: IVF) (“INVO” or the “Company”), a healthcare fertility company focused on the establishment, acquisition, and operation of fertility clinics and related businesses and technologies, today announced changes to its executive leadership team to align its human resources with the Company’s growth strategy focused on the acquisition and establishment of fertility clinics and ancillary organizations.
Terah Krigsvold, who has served as INVO’s controller since December 2020, has been appointed as the Company’s new chief financial officer, replacing Andrea Goren. Mr. Goren, who has served as INVO chief financial officer since July 2021, has been appointed as chief business officer, as well as chief executive officer of INVO Centers LLC, the Company’s wholly owned subsidiary focused on fertility clinics.
“As we continue to grow our presence in the fertility sector and based on Terah and Andrea’s commitment, hard work and growth over the past five years, this realignment of roles strengthens our ability to execute our plan to grow the business and reach profitability,” said Steve Shum, CEO of INVO. “I have worked with Terah for the past seven years and am thrilled at the progress she has demonstrated over that time. This promotion is very well deserved and ensures continuity, as well as keeping our finance and accounting functions in a strong pair of hands. With this change, Andrea is now able to focus more of his time on leading the execution of our primary growth strategy, acquisitions, and, in due course, new clinic launches. Andrea has worked on approximately $1 billion of financing and acquisition transactions in his career and is ideally suited to manage the negotiations and complex legal and diligence aspects of our acquisition and new clinic efforts. Andrea also will continue in his roles of managing our legal function and supporting our investor, shareholder, and related activities.”
About INVO Fertility
We are a healthcare services fertility company dedicated to expanding access to assisted reproductive technology (“ART”) care to patients in need. Our principal commercial strategy is focused on building, acquiring, and operating fertility clinics, including “INVO Centers” dedicated primarily to offering the intravaginal culture (“IVC”) procedure enabled by our INVOcell® medical device (“INVOcell”) and US-based, profitable in vitro fertilization (“IVF”) clinics. We have two operational INVO Centers in the United States and one IVF clinic. We also continue to engage in the sale and distribution of INVOcell to third-party owned and operated fertility clinics. INVOcell is a proprietary and revolutionary medical device, and the first to allow fertilization and early embryo development to take place in vivo within the woman's body. The IVC procedure provides patients with a more connected, intimate, and affordable experience in comparison to other ART treatments. We believe the IVC procedure can deliver comparable results at a fraction of the cost of traditional IVF and is a significantly more effective treatment than intrauterine insemination. For more information, please visit invofertility.com .
Safe Harbor Statement
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings at www.sec.gov . We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events, or otherwise.
For more information, please contact:
INVO Fertility, Inc.
Steve Shum, CEO
978-878-9505
[email protected]
Investor Contact
Lytham Partners, LLC
Robert Blum
602-889-9700
[email protected]