Arvinas appoints Randy Teel as CEO; John Houston resigns effective Feb 12, 2026

ARVINAS, INC.

John Houston stepped down as President, CEO, and Chair on Feb 12; remains on board as director and consultant through March 1, 2027.
Briggs Morrison appointed Chair of the Board effective Feb 12.
Randy Teel named President, CEO, and PEO; base salary $680,000, bonus target 60% of base.
Teel receives initial equity grants: option for 218,691 shares and RSU for 147,179 shares, four-year vest.
Consulting agreement with Houston includes $457,000 lump sum equivalent to 2025 bonus and $27,914 COBRA premium.

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