Avantor appointed Todd Garner as executive vice president and chief financial officer effective September 21, 2026, with a $700,000 annual salary and an 80% target bonus. The appointment matters because Garner becomes principal financial officer while his package includes a $150,000 signing Bonus and a $1,500,000 initial Equity award.

Key Highlights

  • Todd Garner now serves as Avantor’s executive vice president and chief financial officer, becoming its principal financial officer on September 21, 2026.
  • His employment package sets annual base pay at $700,000 and a target bonus equal to 80% of base salary.
  • The initial equity award carries a $1,500,000 target value, split evenly between restricted stock units and stock options.

Todd Garner became its Executive Vice President and Chief Financial Officer on September 21, 2026, joining the Executive Leadership Team and taking the principal financial officer role.

Garner’s Employment Terms Include Cash and Equity

Avantor (NYSE: AVTR) entered an employment letter with Garner on September 17, 2026. Garner is also eligible for an initial long-term equity award with a target value of $1,500,000. The restricted stock units will vest ratably at 50%, while the stock Options will vest ratably at 33%, subject to the equity plan’s terms. The agreement also provides for future annual equity awards carrying a target value of $3,000,000.

Interim CFO Role Ends With Accounting Duties Continuing

Steven Eck will stop serving as Interim Chief Financial Officer when Garner begins, while continuing as Senior Vice President and Chief Accounting Officer. Garner previously served as Executive Vice President and Chief Financial Officer of CONMED Corporation from January 2018 through March 2026. Before that, he held several roles at C.R. Bard, Inc. between 2003 and 2017.