Azenta appoints John Marotta as President and CEO; Schwartz retires after 14-year tenure

Azenta, Inc.

John Marotta becomes President and CEO effective September 9, 2024, succeeding Dr. Stephen Schwartz.
Marotta previously Executive in Residence at Patient Square Capital and CEO of PHC Holdings.
Marotta's compensation: $900k base salary, 110% target bonus, equity grants worth ~$7.85M (performance/time-based RSUs).
Dr. Schwartz to serve as advisor until Nov 2025: $66,250/month through Mar 2025, then $33,333/month.
Board increased from 8 to 9 members; Marotta appointed to Board effective Start Date.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

John Marotta

Member of the Board

AZTA · Azenta, Inc.

Effective: 2024-09-09
Filed: September 4, 2024, 7:59 PM ET

the Board also increased the size of the Board from eight to nine members and appointed Mr. Marotta as a member of the Board

Departed

Stephen Schwartz

President and Chief Executive Officer

AZTA · Azenta, Inc.

Effective: 2024-09-09
Successor: John Marotta
Filed: September 4, 2024, 7:59 PM ET

succeed the Company’s current President and Chief Executive Officer, Dr. Stephen Schwartz, who as previously announced is retiring effective as of the Start Date

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Marotta was appointed as Member of the Board at Azenta, Inc..

Action: appointed
Role: Member of the Board

Exact text from the filing

the Board also increased the size of the Board from eight to nine members and appointed Mr. Marotta as a member of the Board

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen Schwartz departed as President and Chief Executive Officer at Azenta, Inc..

Action: retiring
Role: President and Chief Executive Officer

Exact text from the filing

succeed the Company’s current President and Chief Executive Officer, Dr. Stephen Schwartz, who as previously announced is retiring effective as of the Start Date

View on SEC.gov

Azenta, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-028399

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