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VIQ Solutions, a global provider of AI-driven digital voice and video capture technology, has announced significant leadership changes to drive profitability and growth. Sebastien Pare has stepped down as CEO and Board member, with Larry Taylor appointed as Interim CEO and Elizabeth Pennell named Global Head of Operations. The company also revealed key Board updates, including Brad Wells as the new Board Chair.
VIQ Solutions is undergoing a leadership overhaul to strengthen its position in the AI-driven transcription and digital capture market. Following Sebastien Pare’s resignation, Larry Taylor has been named Interim CEO, tasked with accelerating profitability and free cash flow. “We thank Sebastien and wish him well in his new endeavors. The Board and I look forward to working with Elizabeth and our management team as we accelerate VIQ’s progress on growth and profitability,” said Taylor.
Elizabeth Pennell, with over 30 years of industry experience, has been appointed Global Head of Operations. Since joining VIQ in 2020 through the acquisition of ASC Media, Pennell has successfully integrated the company’s high-performing USA and UK operations. She also leads VIQ’s Media business unit, serving global clients like Bloomberg, Fox News, and CNN. Her new role includes overseeing the Australian business unit to boost technology adoption and profitability.
Brad Wells, VIQ’s largest shareholder and President and CEO of Momentum Group Ltd., has been appointed Board Chair and Lead Independent Director, effective August 11, 2025. “I am energized to take on the role of Chair at this pivotal time. VIQ must operate with greater urgency, speed, and discipline. Our focus is clear: achieve profitability, strengthen liquidity, and deliver best-in-class AI-powered solutions to our global customer base,” said Wells. Howard Wetston, a distinguished Canadian public servant and former Senator, joins the Board, bringing expertise from roles at the Ontario Securities Commission and Federal Court.
VIQ’s leadership and Board changes signal a commitment to operational excellence and innovation in AI-powered digital voice and video solutions. The company aims to strengthen its culture of accountability and agility while pursuing growth through targeted acquisitions and innovation. These transitions position VIQ to meet the rising demand for secure, AI-driven transcription services across sectors like legal, media, and government.
The leadership and Board restructuring is expected to enhance VIQ’s ability to deliver cutting-edge solutions, ensuring it remains a leader in the global transcription and digital capture market.
VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost.
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