Avantor, Inc. has announced that Michael Stubblefield will step down as Director, President, and CEO upon the appointment of a successor. According to the press release, the Board of Directors and Mr. Stubblefield have mutually agreed that this is the right time for a leadership transition. The Board has initiated a search process, supported by an executive search firm, to identify the company's next CEO and intends to move through this process quickly.

Jonathan Peacock, Chairman of the Board, thanked Michael Stubblefield for his decade of service and leadership, highlighting his role in building Avantor into a global entity in the life sciences tools space. The Board aims to find a successor with a strong record of growth and value creation, emphasizing Avantor's durable platform, differentiated capabilities, broad portfolio, and global customer base and supply chain.

Michael Stubblefield expressed his honor in leading Avantor and transforming it into a leading life science tools company. He acknowledged the company's unique role in enabling customers to serve patients and expressed confidence in Avantor's future. Mr. Stubblefield will remain available to the Board until February 2026 to provide support to the new CEO as needed.

In a separate press release, Avantor announced its first-quarter 2025 financial results and hosted a conference call on April 25, 2025, to discuss these results.

Avantor is described as a leading life science tools company and global provider of mission-critical products and services to the life sciences and advanced technology industries, working with customers to enable breakthroughs in medicine, healthcare, and technology. Their portfolio is utilized in various stages of research, development, and production activities at over 300,000 customer locations across 180 countries.

The announcement also includes forward-looking and cautionary statements, highlighting the inherent risks, uncertainties, and assumptions associated with forward-looking statements and directing readers to the company's filings with the SEC for more information.