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Maravai LifeSciences Appoints Bernd Brust as Chief Executive Officer and Member of its Board of Directors

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Maravai LifeSciences (NASDAQ: MRVI) has appointed Bernd Brust as its new Chief Executive Officer and Board member, replacing William "Trey" Martin III, effective immediately. Brust brings over 30 years of leadership experience in life sciences, with expertise in transforming businesses into profitable ventures. The leadership change reflects Maravai's focus on accelerating innovation, execution, and financial performance. Brust's customer-centric approach aligns with Maravai's mission to advance scientific discovery in biologics and genomic medicine markets. The company maintains its position in mRNA and bioprocess impurity detection, with plans to enhance manufacturing capabilities. Maravai will review its 2025 financial guidance during the Q2 earnings call in August after Brust conducts a comprehensive business assessment.
Maravai LifeSciences (NASDAQ: MRVI) ha nominato Bernd Brust come nuovo Amministratore Delegato e membro del Consiglio di Amministrazione, sostituendo William "Trey" Martin III, con effetto immediato. Brust vanta oltre 30 anni di esperienza nella leadership nel settore delle scienze della vita, con competenze nella trasformazione delle aziende in realtà redditizie. Il cambiamento alla guida riflette l'obiettivo di Maravai di accelerare l'innovazione, l'esecuzione e le performance finanziarie. L'approccio orientato al cliente di Brust si allinea alla missione di Maravai di promuovere la scoperta scientifica nei mercati dei biologici e della medicina genomica. L'azienda mantiene la sua posizione nel rilevamento delle impurità nei processi di mRNA e bioproduzione, con piani per potenziare le capacità produttive. Maravai rivedrà le previsioni finanziarie per il 2025 durante la call sugli utili del secondo trimestre ad agosto, dopo che Brust avrà condotto una valutazione approfondita del business.
Maravai LifeSciences (NASDAQ: MRVI) ha designado a Bernd Brust como su nuevo Director Ejecutivo y miembro de la Junta Directiva, reemplazando a William "Trey" Martin III, con efecto inmediato. Brust aporta más de 30 años de experiencia en liderazgo en ciencias de la vida, con especialización en transformar negocios en empresas rentables. El cambio en la dirección refleja el enfoque de Maravai en acelerar la innovación, la ejecución y el rendimiento financiero. El enfoque centrado en el cliente de Brust se alinea con la misión de Maravai de impulsar el descubrimiento científico en los mercados de biológicos y medicina genómica. La compañía mantiene su posición en la detección de impurezas en procesos de mRNA y bioprocesos, con planes para mejorar las capacidades de fabricación. Maravai revisará sus previsiones financieras para 2025 durante la llamada de resultados del segundo trimestre en agosto, tras una evaluación exhaustiva del negocio realizada por Brust.
Maravai LifeSciences(NASDAQ: MRVI)는 William "Trey" Martin III를 대신하여 Bernd Brust를 새로운 최고경영자(CEO) 겸 이사회 멤버로 즉시 임명했습니다. Brust는 생명과학 분야에서 30년 이상의 리더십 경험을 보유하고 있으며, 사업을 수익성 있는 벤처로 전환하는 전문성을 갖추고 있습니다. 이번 리더십 변화는 혁신 가속화, 실행력 강화, 재무 성과 향상에 대한 Maravai의 의지를 반영합니다. Brust의 고객 중심 접근법은 생물학 및 유전체 의학 시장에서 과학적 발견을 촉진하려는 Maravai의 미션과 일치합니다. 회사는 mRNA 및 생물공정 불순물 검출 분야에서 입지를 유지하며 제조 역량 강화 계획을 가지고 있습니다. Brust가 포괄적인 사업 평가를 완료한 후, Maravai는 8월 2분기 실적 발표 콜에서 2025년 재무 지침을 재검토할 예정입니다.
Maravai LifeSciences (NASDAQ : MRVI) a nommé Bernd Brust au poste de nouveau Directeur Général et membre du Conseil d'administration, en remplacement de William "Trey" Martin III, avec effet immédiat. Brust apporte plus de 30 ans d'expérience en leadership dans les sciences de la vie, avec une expertise dans la transformation des entreprises en activités rentables. Ce changement de direction reflète l'objectif de Maravai d'accélérer l'innovation, l'exécution et la performance financière. L'approche centrée sur le client de Brust est en accord avec la mission de Maravai de faire progresser la découverte scientifique dans les marchés des biologiques et de la médecine génomique. L'entreprise conserve sa position dans la détection des impuretés dans les processus liés à l'ARNm et la bioproduction, avec des projets pour renforcer ses capacités de fabrication. Maravai réexaminera ses prévisions financières pour 2025 lors de l'appel des résultats du deuxième trimestre en août, après que Brust aura réalisé une évaluation complète de l'entreprise.
Maravai LifeSciences (NASDAQ: MRVI) hat Bernd Brust mit sofortiger Wirkung zum neuen Chief Executive Officer und Vorstandsmitglied ernannt und ersetzt damit William "Trey" Martin III. Brust bringt über 30 Jahre Führungserfahrung im Bereich der Lebenswissenschaften mit, mit Expertise darin, Unternehmen in profitable Geschäftsmodelle zu verwandeln. Der Führungswechsel spiegelt Maravais Fokus wider, Innovation, Umsetzung und finanzielle Leistung zu beschleunigen. Brustoms kundenorientierter Ansatz passt zur Mission von Maravai, wissenschaftliche Entdeckungen in den Bereichen Biologika und Genommedizin voranzutreiben. Das Unternehmen hält seine Position in der Erkennung von Verunreinigungen bei mRNA- und Bioprozessen und plant, die Fertigungskapazitäten auszubauen. Maravai wird seine Finanzprognosen für 2025 während der Gewinnmitteilung zum zweiten Quartal im August nach einer umfassenden Geschäftsprüfung durch Brust überprüfen.
Positive
  • New CEO brings 30+ years of life sciences leadership experience
  • Appointment focuses on accelerating innovation, execution, and financial performance
  • Company maintains strong financial foundation and growing innovative product portfolio
  • Strategic focus on expanding market leadership in mRNA and bioprocess impurity detection
Negative
  • Unexpected CEO transition creates temporary leadership uncertainty
  • Financial guidance under review, indicating potential changes to outlook
  • Previous CEO's sudden departure may signal underlying challenges

SAN DIEGO, June 09, 2025 (GLOBE NEWSWIRE) -- Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI), a global provider of life science reagents and services to researchers and biotech innovators, today announced the appointment of Bernd Brust as Chief Executive Officer (CEO) and a member of the Board of Directors, effective immediately. Mr. Brust succeeds William “Trey” Martin III in these roles.

“This leadership transition reflects Maravai’s commitment to accelerating innovation, execution, and financial performance. Bernd brings more than 30 years of leadership experience in the life sciences industry, with a proven track record of transforming businesses into profitable, revenue-growing companies with global product and service portfolios,” said R. Andrew Eckert, Chairman of the Board of Maravai LifeSciences. “We thank Trey for his contributions and vision, which we believe have positioned the company for future growth as we welcome Bernd to Maravai.”

In addition, Mr. Brust’s customer-centric approach and background in transforming scientific organizations strongly align with Maravai’s mission to advance scientific discovery and innovation. His leadership reinforces Maravai’s commitment to delivering high-impact solutions to researchers and biotech innovators around the world.

“I am honored to lead Maravai, a company perfectly positioned to serve the growing biologics and genomic medicine markets,” said Bernd Brust. “Maravai is grounded in innovation and powered by deep scientific excellence and passion for its customers. I look forward to working closely with the Board, team members, and customers to help advance breakthroughs from discovery to delivery.”

“It has been a privilege to serve our customers, employees, and shareholders as Maravai’s CEO,” said Mr. Martin. “I am immensely proud of the genomic medicine platform we have built, and I thank each of our employees for their dedication to improving human health. I look forward to Maravai’s continued success.”

Maravai LifeSciences remains well positioned for long-term success, backed by a strong financial foundation, a growing portfolio of innovative products, and a deep commitment to customer needs. The company looks to continue to expand its market leadership in mRNA, and bioprocess impurity detection and analytics, enhance manufacturing capabilities, and deliver differentiated technologies that support customers from discovery through commercialization.

Maravai is neither reaffirming nor withdrawing its previously issued full-year 2025 financial guidance at this time. The company will revisit its outlook during the second-quarter earnings call in August, following a comprehensive assessment of the business by newly appointed CEO Mr. Brust.

About Bernd Brust
Mr. Brust brings a strong track record of leading diverse, global life sciences organizations. He offers deep expertise in strategy, innovation, and finance, along with a demonstrated ability to drive execution and deliver meaningful operational and financial results.

Most recently, he served as Executive Chairman, and previously as CEO, of Antylia Scientific, a global provider of tools and solutions for diagnostic testing, sample preparation, biological monitoring, and environmental analysis. Antylia operates across North America, China, India, and EMEA, with approximately $400 million in annual revenue and over 1,000 employees. The company was a portfolio investment of private equity firm GTCR, which acquired Antylia in 2019 and recently sold it to Brookfield Asset Management and Caisse de dépôt et placement du Québec (CDPQ) for over $1.3 billion. In addition, Antylia successfully sold its Masterflex division in 2021 to life sciences tools provider Avantor for $2.9 billion.

Prior to Antylia, Mr. Brust was CEO of Qualicaps, a global manufacturer of pharmaceutical capsules and filling equipment acquired by Mitsubishi Chemical Holdings. He also held senior leadership roles at Life Technologies, including where he led the global commercial organization, as well as executive positions at Invitrogen Corporation and GE Medical Systems.

About Maravai LifeSciences
Maravai LifeSciences is a leading life sciences company providing critical products to enable the development of drug therapies, diagnostics, and novel vaccines, and to support research on human diseases. Maravai’s companies are leaders in providing products and services in the fields of nucleic acid synthesis and biologics safety testing to many of the world’s leading biopharmaceutical, vaccine, diagnostics, and cell and gene therapy companies.

For more information about Maravai LifeSciences, visit www.maravai.com.

Contact Information:
Deb Hart
Maravai LifeSciences
+1 858-988-5917

Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Investors are cautioned that statements in this press release which are not strictly historical statements, including, without limitation, statements related to Maravai’s financial guidance for 2025, the expected benefits of the leadership transition, and Maravai’s strategic plans, constitute forward-looking statements and may be identified by words like “believe,” “expect,” and similar expressions. Such forward-looking statements are subject to a number of risks and inherent uncertainties that could cause Maravai’s actual results and financial condition to differ materially from those indicated, including, without limitation, operational risks, competition and the impacts of shifts in U.S. and foreign trade policy (including the imposition of new or increased tariffs) on demand for Maravai’s products and services. These and other risks and uncertainties are described in greater detail throughout the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Maravai’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, as well as other documents Maravai files with the U.S. Securities and Exchange Commission. Maravai’s actual results and financial condition may differ materially from those indicated in these forward-looking statements, and therefore you should not rely upon them. These forward-looking statements are based on information currently available to management and speak only as of the date on which they are made. Maravai undertakes no obligation to publicly update any of these forward-looking statements, whether as a result of new information, future developments or otherwise.


FAQ

Who is the new CEO of Maravai LifeSciences (MRVI)?

Bernd Brust has been appointed as the new CEO of Maravai LifeSciences, replacing William 'Trey' Martin III, effective immediately.

What experience does Bernd Brust bring to Maravai LifeSciences?

Bernd Brust brings over 30 years of leadership experience in the life sciences industry, with a proven track record of transforming businesses into profitable, revenue-growing companies with global product portfolios.

Why did Maravai LifeSciences (MRVI) change its CEO?

The leadership transition reflects Maravai's commitment to accelerating innovation, execution, and financial performance, focusing on serving the growing biologics and genomic medicine markets.

Will MRVI's 2025 financial guidance change under the new CEO?

Maravai will revisit its 2025 financial outlook during the second-quarter earnings call in August, following a comprehensive business assessment by the new CEO Bernd Brust.

What are Maravai LifeSciences' main business focus areas?

Maravai focuses on mRNA, bioprocess impurity detection and analytics, while providing life science reagents and services to researchers and biotech innovators.
Maravai Lifesciences Holdings, Inc.

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