Financial Times completes the acquisition of TNW

September 11, 2023 — AMSTERDAM — At the beginning of September, the Financial Times reached a significant milestone by achieving 100% ownership of TNW.

FT first invested as a majority shareholder in February 2019, as part of its strategy to grow its presence in the global tech ecosystem. Now a wholly owned subsidiary, TNW will integrate further into the FT Group, which promises exciting prospects for both companies, fostering greater synergy for TNW’s community and operational efficiencies for the business.

While TNW will keep its current structure and location in the heart of Amsterdam, its business unit leads (Events, Programs, Media and Spaces) will now report directly into the corresponding FT business unit leadership in order to further avail of central resources and expertise and lead TNW in its next phase of growth. As such, Myrthe Van der Erve, TNW CEO, will therefore be leaving the business at the end of the year.

James Lund, Financial Times CFO and Chair of the TNW Board, said “I want to take this moment to express my heartfelt gratitude to Myrthe for her leadership in guiding TNW over the last years. Although Myrthe will be stepping down as TNW's CEO, her involvement in the integration until December 31st will ensure a smooth transition and a solid foundation for the company’s future, as it continues to fulfill its joint mission of connecting the tech ecosystem”.

(L-R) Orson Francescone, Managing Director, FT Live; Myrthe van der Erve, CEO, TNW; James Lund, CFO, Financial Times at the TNW HQ in Amsterdam on the day of the announcement