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Avantor Names R. Brent Jones as Chief Financial Officer RADNOR, Pa.

Key Takeaway: Avantor, Inc. has appointed R. Brent Jones as its new Executive Vice President and Chief Financial Officer, effective August 7, 2023. Mr. Jones brings nearly 30 years of financial experience in life sciences and is expected to lead Avantor's global finance organization. He takes over from Thomas A. Szlosek, who will transition to a new role outside the industry. Jones highlighted Avantor's strong market position and expressed excitement to work with the leadership team to drive growth and shareholder value.

Market Sentiment Analysis

POSITIVE FACTORS

  • R. Brent Jones has extensive experience in financial leadership within the life sciences sector.
  • The new CFO is expected to enhance Avantor's strategic growth plans.
  • The transition appears to be well-managed with appreciation expressed for the outgoing CFO.

Full Press Release Details

Avantor Names R. Brent Jones as Chief Financial Officer
RADNOR, Pa. July 13, 2023 Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and
services to customers in the life sciences, advanced technologies and applied materials industries, today announced that R. Brent Jones will join the company as Executive Vice President and Chief Financial Officer, effective August 7, 2023.
Over a nearly 30-year career, Mr. Jones has served as chief financial officer for several public and private
life sciences companies and, previously, as a senior investment banker. He is currently Executive Vice President, Chief Financial Officer and Chief Operating Officer at LifeScan Global Corporation, a global leader in blood glucose monitoring and
digital health technology, where he is responsible for all aspects of LifeScan s global finance and operations functions.
himself in our search as an innovative thinker and dynamic operator who will be an exceptional partner to our businesses and Executive Leadership Team as we advance our growth plan, said Michael Stubblefield, President and CEO. Brent has
a strong track record of disciplined execution and transformation, honed over many years of leading and advising finance organizations in the life sciences industry. I look forward to welcoming him to Avantor and working together to ensure the
continued execution of our strategy.
As Chief Financial Officer and a member of Avantor s Executive Leadership Team, Mr. Jones will lead
Avantor s global finance organization and financial activities including accounting and controllership, financial planning and analysis, tax, investor relations, internal audit, and treasury.
Avantor has an attractive market position, powerful fundamental drivers, and a solid platform for long-term growth, said Mr. Jones. I
am excited to join Avantor during this important period in the company s trajectory and will be partnering closely with the leadership team and finance organization to harness Avantor s unique value proposition, execute its growth
strategy, and create shareholder value.
Thomas A. Szlosek, Avantor s current Chief Financial Officer will serve in such position through
August 4, 2023, at which time he will begin a new role outside the life sciences industry.
As we welcome Brent to the team, I want to
reiterate my appreciation to Tom for his many contributions to Avantor and his support to ensure a seamless transition, Stubblefield added.
About R. Brent Jones
Mr. Jones brings to Avantor significant experience enhancing operational and financial results, building efficient and effective teams, and leading
strategic and financing transactions. Since 2020, Mr. Jones has served as CFO of LifeScan, where he oversees key areas including commercial finance, corporate reporting, FP&A, investor relations, operations finance, tax, and treasury. He
was promoted to Chief Financial and Operating Officer in 2023.
Prior to LifeScan, Mr. Jones was CFO at Kl ckner Pentaplast Group, a global
provider of packaging products for the pharmaceutical, food and beverage and other consumer end markets. He was previously the interim CFO of Pall Corporation, where he led the company s sale to Danaher for $13.8 billion in 2015. He spent
the first 15 years of his career in investment banking with several firms including Merrill Lynch, Bank of America, and corporate law with Cravath, Swaine, & Moore. Mr. Jones holds an A.B. in Biochemistry and Asian Studies from Dartmouth
College and a J.D. from Yale Law School.
Avantor , a Fortune 500 company, is a leading global provider of mission-critical products and
services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Our portfolio is used in virtually every stage of the most important research, development and
production activities in the industries we serve. Our global footprint enables us to serve more than 300,000 customer locations and gives us extensive access to research laboratories and scientists in more than 180 countries. We set science in
motion to create a better world. For more information, visit avantorsciences.com and find us on LinkedIn, Twitter and Facebook.
Forward-Looking and Cautionary Statements
release contains forward-looking statements. All statements other than statements of historical fact included in this press release are forward-looking statements. Forward-looking statements discuss our current expectations and projections relating
to our financial condition, results of operations, plans, objectives, future performance and business.
Forward-looking statements are inherently subject
to risks, uncertainties and assumptions; they are not guarantees of performance. You should not place undue reliance on these statements. We have based these forward-looking statements on our current expectations and projections about future events.
Although we believe that our assumptions made in connection with the forward-looking statements are reasonable, we cannot assure you that the assumptions and expectations will prove to be correct. Factors that could contribute to these risks,
uncertainties and assumptions include, but are not limited to, the factors described in Risk Factors in our most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q, as such risk factors may be updated from time to time in our periodic filings with the SEC.
forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. In addition, all forward-looking statements speak only as of the date of this press
release. We undertake no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise other than as required under the federal securities laws.
Avantor Media Contact
Vice President, External Communications
Avantor Investor Relations Contact
Vice President, Investor Relations
SOURCE: Avantor and Financial News

Frequently Asked Questions

Who is the new CFO of Avantor?

R. Brent Jones has been appointed as Avantor's Chief Financial Officer.

When will R. Brent Jones start at Avantor?

He will begin his role on August 7, 2023.

What previous roles did R. Brent Jones hold?

He was CFO and COO at LifeScan and previously at Klöckner Pentaplast.

What is Avantor's focus in its operations?

Avantor provides critical products and services across life sciences and technology.

Who is the current CFO before R. Brent Jones?

Thomas A. Szlosek is the current CFO, transitioning on August 4, 2023.

Last updated: Jul 13, 2023