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    Michael Stubblefield

    President and Chief Executive Officer at Avantor Inc
    Board
    Since 2014
    Age
    52 years
    Education
    Holds a Bachelor of Science degree in Chemical Engineering from the University of Utah and an MBA from Texas A&M University-Corpus Christi.
    Tenure
    Has served as the President and Chief Executive Officer of Avantor since 2014 and also serves as a Director on the company's Board.

    Also at Avantor Inc

    BG
    Benoit Gourdier
    Executive Vice President, Bioscience Production
    BH
    Brittany Hankamer
    Executive Vice President and Chief Human Resources Officer
    CC
    Christophe Couturier
    Executive Vice President, AMEA

    About

    Michael Stubblefield is the current President and Chief Executive Officer of Avantor, Inc., having joined the company in 2014 as part of its leadership team.

    Before his tenure at Avantor, he held leadership roles at Celanese Corporation from 1994 to 2012 and served as a Senior Expert for the Chemicals Practice at McKinsey & Company from 2013 to 2014, demonstrating a solid foundation in the chemical and specialty materials industries.

    He holds a Bachelor of Science degree in Chemical Engineering from the University of Utah and an MBA from Texas A&M University-Corpus Christi, and is currently 52 years old as of February 2025.

    $AVTR Performance Under Michael Stubblefield

    Past Roles

    OrganizationRoleDate RangeDetails
    Ingersoll Rand Inc. Board of Directors & Audit Committee Member 2022 to 2023 Served on board and as Audit Committee member
    McKinsey & Company Senior Expert for Chemicals Practice 2013 to 2014 Provided chemicals sector expertise
    Celanese Corporation Various Leadership Roles 1994 to 2012 Held multiple leadership positions

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,126,846 Annually 2024Fixed annual base salary
    Restricted Stock Units (RSUs)107,802 RSUs, $2,624,979 Granted on Feb 23, 2024Grant date fair value provided
    Non-Qualified Stock Options (NQSOs)263,558 options, $2,625,038 Granted on Feb 23, 2024Exercise Price: $24.35 per share
    Change in Pension Value$34,101 December 2024Lump-sum distribution due to plan termination
    All Other Compensation$37,550 Throughout 2024Includes Savings Plan contributions, financial planning services, and annual exam

    Performance Compensation

    Data from  FY 2024

    Performance Stock Units (PSUs)

    MetricDetails
    Performance MetricsRelative TSR (vs comparator) and Adjusted EPS Growth
    ThresholdTSR: 25th percentile (50% payout); Adjusted EPS Growth: 50% of target
    TargetTSR: 50th percentile (100% payout); Adjusted EPS Growth: 100% of target
    Maximum (Cap)TSR: 90th percentile or above (200% payout); Adjusted EPS Growth: 200% of target
    Award QuantitiesThreshold: 107,803 shares; Target: 215,605 shares; Maximum: 431,210 shares
    Grant DateFebruary 23, 2024
    Grant Date Fair Value$6,026,156
    Grant Date Stock Price$24.35 per share
    Vesting SchedulePerformance period from Jan 1, 2024 to Dec 31, 2026; vesting contingent on achieving metrics

    Non-Equity Incentive Plan Compensation

    MetricDetails
    Performance Metrics & WeightsEnterprise Revenue (40%), Enterprise Adjusted Operating Income (20%), Free Cash Flow (10%), GHG Emissions Reduction (5%), Inclusion Index (5%), Individual Strategic Goals (20%)
    Threshold PerformancePayouts start at a 61% funding level
    Target Performance100% payout upon achieving target results
    Maximum Performance200% payout upon exceeding target
    Evaluation PeriodEvaluated annually based on performance metrics
    Additional DetailsCash bonus target is calculated as a percentage of base salary; each metric graduates from threshold to maximum on a straight-line basis