This is a standard CFO succession filing with no financial guidance or operational updates. Monitor the next quarterly earnings release for any strategic or financial commentary from the new CFO.
Price Chart
Executive Summary
Avantor appointed Todd Garner as Executive Vice President and Chief Financial Officer, effective September 21, 2026, replacing interim CFO Steven Eck. The filing includes standard executive compensation details (base salary of $700,000, target bonus of 80%, sign-on cash of $150,000, and initial equity grant of $1,500,000) and restrictive covenant agreements. This is a routine CFO appointment with no financial data or guidance provided.
Key Facts
- Todd Garner appointed EVP and CFO effective September 21, 2026
- Annual base salary of $700,000
- Target annual bonus of 80% of base salary
- One-time cash signing bonus of $150,000
- Initial equity grant target of $1,500,000 (50% RSUs, 50% premium-priced stock options)
- Future annual equity grant target of $3,000,000 beginning in 2027
- Garner previously served as EVP and CFO of CONMED Corporation from 2018 to 2026
- Interim CFO Steven Eck returns to Senior Vice President and Chief Accounting Officer role
Financial Impact
Compensation package totals approximately $2.35M in first-year direct compensation ($700K salary + $150K signing bonus + $1.5M equity grant), plus ongoing annual equity grants of $3M. No material impact on company financials.
Risk Factors
- Garner's 90-day resignation notice requirement and one-year non-compete may signal retention concerns, but this is standard for executive agreements
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000947871-26-000877 |
| Document: ss6842956_8k.htm | 0000947871-26-000877 |
| Document: ss6842956_ex9901.htm | 0000947871-26-000877 |
| Document: 0000947871-26-000877-index-headers.html | 0000947871-26-000877 |
| Document: 0000947871-26-000877-index.html | 0000947871-26-000877 |
| Document: 0000947871-26-000877.txt | 0000947871-26-000877 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Institutional Cluster | $17.15 | awaiting T+60 | — | $17.29 (+0.82%) |
Oct 1, 2026 26d ago | Press Release | $15.03 | awaiting T+60 | — | $17.29 (+15.04%) |
Sep 21, 2026 5w ago | 8-K | $15.10 | awaiting T+60 | — | $17.29 (+14.50%) |
Sep 21, 2026 5w ago | 8-K | $15.10 | awaiting T+60 | — | $17.29 (+14.50%) |
Jul 22, 2026 13w ago | Institutional Cluster | $11.35 $16.09 | ▼ −41.76% | ▼ −37.21% | $17.29 (−52.33%) |
Jul 17, 2026 14w ago | Institutional Cluster | $11.07 $15.49 | ▲ +39.93% | ▲ +35.24% | $17.29 (+56.19%) |
May 1, 2026 25w ago | Insider Cluster | $7.93 $11.76 | ▲ +48.39% | ▲ +45.83% | $17.29 (+118.17%) |
Apr 29, 2026 25w ago | 8-K | $7.84 $11.35 | ▼ −44.86% | ▼ −41.12% | $17.29 (−120.68%) |
Feb 25, 2026 34w ago | 8-K/A | $9.01 $8.12 | ▼ −9.88% | ▼ −18.05% | $17.29 (+91.90%) |
Feb 25, 2026 34w ago | 8-K/A | $9.01 $8.12 | ▼ −9.88% | ▼ −18.05% | $17.29 (+91.90%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers