leadership
confidence high
sentiment neutral
materiality 0.45
Moderna names Juan Andres as first COO effective Oct 5; Jerh Collins to retire
Moderna, Inc.
- Juan Andres returns to Moderna as Chief Operating Officer, effective October 5, 2026, reporting to CEO Stephane Bancel and serving on the Executive Committee.
- Andres' pay: $800,000 base salary, 90% annual bonus target, $5,000,000 new-hire equity award vesting over four years (max 75% in RSUs).
- Future annual equity award target set at $4,000,000-$5,000,000, subject to Compensation Committee approval.
- Jerh Collins, Ph.D., Chief Technical Operations and Quality Officer since January 2023, is retiring; he joined Moderna in October 2022 after nearly 30 years at Novartis.
- Company cites preparation for potential launch of intismeran autogene after positive Phase 3 results; the therapy is co-developed with Merck (MSD).