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Maravai LifeSciences Appoints Bernd Brust as Chief Executive Officer and Member of its Board of Directors
Globenewswire· 2025-06-09 12:30
Core Insights - Maravai LifeSciences Holdings, Inc. has appointed Bernd Brust as the new CEO, succeeding William "Trey" Martin III, effective immediately [1][2] - The leadership transition aims to enhance innovation, execution, and financial performance within the company [2] - Bernd Brust brings over 30 years of experience in the life sciences industry, with a focus on transforming businesses into profitable entities [2][5] Company Overview - Maravai LifeSciences is a leading provider of life science reagents and services, supporting drug therapies, diagnostics, and vaccine development [8] - The company specializes in nucleic acid synthesis and biologics safety testing, catering to biopharmaceutical, vaccine, diagnostics, and cell and gene therapy sectors [9] Leadership Transition - The new CEO, Bernd Brust, emphasizes a customer-centric approach and aims to advance scientific discovery and innovation [2][3] - The outgoing CEO, Trey Martin, expressed pride in the genomic medicine platform developed during his tenure and highlighted the company's strong foundation for future growth [3] Financial Guidance - Maravai has not reaffirmed or withdrawn its full-year 2025 financial guidance, with plans to reassess during the second-quarter earnings call in August [4] Bernd Brust's Background - Prior to joining Maravai, Bernd Brust served as Executive Chairman and CEO of Antylia Scientific, which had approximately $400 million in annual revenue [6] - Brust has held senior leadership roles at Qualicaps, Life Technologies, Invitrogen Corporation, and GE Medical Systems, showcasing a diverse background in the life sciences sector [7]
CHIPOTLE NAMES JASON KIDD CHIEF OPERATING OFFICER, PRESIDENT AND CHIEF STRATEGY OFFICER JACK HARTUNG SETS RETIREMENT DATE
Prnewswire· 2025-05-06 20:10
Group 1 - Chipotle Mexican Grill has appointed Jason Kidd as the new Chief Operating Officer, effective May 19, 2025, to oversee operations of nearly 3,800 restaurants [1][3] - Jack Hartung, the current President and Chief Strategy Officer, will step down on June 1, 2025, after nearly 25 years with the company, transitioning to a senior advisor role until early March 2026 [1][5] - Kidd previously served as the global Chief Operating Officer at Taco Bell and has extensive experience in operations and retail, including leadership roles at Hearing Lab Technology and 99 Cents Only Stores [3][7] Group 2 - The leadership transition is part of Chipotle's strategic planning, with a focus on enhancing guest experiences and modernizing operations [4][5] - Hartung has been instrumental in the company's growth, overseeing the opening of over 3,700 restaurants across seven countries during his tenure [5] - The company emphasizes its commitment to responsible sourcing and providing real food without artificial ingredients, with a workforce of over 130,000 employees [6][8]