Avantor, Inc. (NYSE: AVTR) announced on September 21, 2026, the appointment of Todd Garner as Executive Vice President and Chief Financial Officer, effective immediately. In this role, Garner will oversee the company’s global finance organization, including financial planning and analysis, accounting, treasury, tax, investor relations, and internal audit. He will also serve as a member of the Executive Leadership Team.

Prior to joining Avantor, Mr. Garner served as Executive Vice President and Chief Financial Officer of CONMED Corporation from January 2018 until March 2026. He brings over 30 years of experience in finance, operations, and public company leadership. His previous tenure at C.R. Bard, Inc. included roles as Vice President of Investor Relations, Division Chief Financial Officer, and Director of Financial Reporting. Mr. Garner holds a bachelor’s degree in accounting from Brigham Young University and an MBA from the University of Texas – Rio Grande Valley, and is a Certified Public Accountant.

Steven Eck, who had been serving as Senior Vice President and Interim Chief Financial Officer since June 24, 2026, will cease serving as Interim CFO but will continue in his role as Senior Vice President and Chief Accounting Officer.

Regarding compensation, the company entered into an employment letter agreement with Mr. Garner on September 17, 2026. The agreement stipulates an annual base salary of $700,000. He is eligible to participate in the company’s incentive-based annual cash program starting in 2026 with a target bonus opportunity of 80% of his base salary. Additionally, Mr. Garner will receive a one-time cash signing bonus of $150,000, subject to repayment obligations if he departs prior to the one-year anniversary of his start date.

Mr. Garner is also set to receive an initial long-term equity grant valued at $1,500,000 under the company’s 2019 Equity Incentive Plan. This grant consists of $750,000 in restricted stock units and $750,000 in stock options, with the options issued at a 10% premium to the closing stock price on the grant date. The restricted stock units will vest over two years, and the stock options will vest over three years. Future annual grants under the long-term incentive program are projected to have a target value of $3,000,000.