#Canada #Toronto #Tucows #Laurenz Nienaber #Jeffrey Tory

Tucows Strengthens Board Leadership with New Appointments

On June 2, 2025, Tucows Inc., a leading internet services provider, announced significant changes to its board leadership following the Annual General Meeting (AGM) held on May 20. The company has appointed Laurenz Nienaber as the new Chair of the Board of Directors and Jeffrey Tory as the Independent Vice Chair. This move marks an important step in the company’s commitment to governance, oversight, and long-term value creation for shareholders.

Laurenz Nienaber, who has dedicated over a decade to following Tucows' growth and operations, expressed his enthusiasm about working with the newly constituted board. "I’m honored to take on this role and excited to collaborate with the management team and board members. We’ve begun our work with vigor and will focus on important strategic decisions that will shape Tucows’ future," he shared during the announcement.

Nienaber brings vast experience in investment strategy and technology to the position, thanks to his role as the Founder and Managing Director of LMN Capital GmbH. His leadership is expected to enhance the board’s effectiveness and responsiveness in a rapidly evolving digital landscape. In joint efforts with him, Jeffrey Tory, who serves as Chair and Portfolio Manager at Pembroke Management Ltd., will leverage his four decades of expertise in North American growth investing to support governance initiatives.

Committee Leadership and Governance Structure

The newly formed board has also defined its committee structure and leadership. Here’s a breakdown:

1. Audit Committee
- Chair: Allen Taylor
- Members: Jeffrey Tory, Marlene Carl
This committee's composition ensures independent oversight. Notably, Allen Taylor is recognized as an "audit committee financial expert," providing robust financial governance essential for Tucows' operations.

2. Compensation Committee (Newly Established)
- Chair: Stephan Uhrenbacher
- Members: Laurenz Nienaber, Allen Taylor
This committee focuses on performance-aligned executive compensation, establishing transparent practices that drive company goals.

3. Governance and Nominating Committee
- Chair: Lee Matheson
- Members: Stephan Uhrenbacher, Dr. Sandra Matz
This committee will continue to guide board refreshment and corporate governance practices, ensuring effective oversight across all business segments.

Commitment to Stakeholders

Elliot Noss, President and CEO, recognizes that the newly established leadership structure promotes a strong orientation towards investors while actively considering all stakeholders’ interests. He stated, "Our board structure aims to promote accountability and ensure the effective management of the company’s diverse operations across segments, including Ting Internet, Tucows Domains, and Wavelo."

This strategic leadership initiative mirrors Tucows’ dedication to enhancing shareholder value and operational excellence. By reinforcing governance practices and fostering an inclusive environment, Tucows is poised to navigate future challenges and growth opportunities in the digital space.

About Tucows

Tucows is dedicated to providing services that connect more individuals to the benefits of internet access. Their portfolio includes innovative solutions like Ting, Wavelo, and Tucows Domains, aimed at enhancing customer experiences and optimizing service delivery. With a focus on transparency and performance, Tucows is prepared for its next chapter. For more details, please visit Tucows’ official website.