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Biopharma & Life Sciences

Maravai Lifesciences Holdings Executive Compensation (FY25)

MRVI · Executive and director compensation, fiscal 2024 to 2025
Data as of September 6, 2026Latest filing (8-K): May 29, 2026
197 figures on this page: 193 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
Total compensation for Bernd Brust, Chief Executive Officer, came to $10,129,708 in fiscal 2025, and the disclosed chief executive pay ratio for fiscal 2025 is 93:1, against median employee compensation of $117,383. For fiscal 2025, shareholders backed the say-on-pay proposal with 98.6% of votes cast including abstentions in favor at the meeting held May 26, 2026. The disclosed peer group names 10x Genomics Inc., Azenta, Inc., Bio-Techne Corporation, Cytek Biosciences, Inc. and Fulgent Genetics, Inc., among others. The company reported 7 named executive officers for fiscal 2025.
Chief executive, fiscal 2025
◇
Bernd Brust
Median of the other named officers
$1,790,271
6 officers, excluding the chief executive
Latest say-on-pay support
=
May 26, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: William Martin → Bernd Brust
Say-on-pay support: 80.9% → 98.6% (17.7 points higher)
CEO pay ratio: 48.1:1 → 93:1 (93.3% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Maravai Lifesciences Holdings' chief executive and what were they paid?
Total compensation for Bernd Brust, Chief Executive Officer, came to $10,129,708 in fiscal 2025.
What was Maravai Lifesciences Holdings' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 98.6% of votes cast including abstentions in favor at the meeting held May 26, 2026.
Which companies are in Maravai Lifesciences Holdings' peer group?
The disclosed peer group names 10x Genomics Inc., Azenta, Inc., Bio-Techne Corporation, Cytek Biosciences, Inc. and Fulgent Genetics, Inc., among others.
What is Maravai Lifesciences Holdings' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 93:1, against median employee compensation of $117,383.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Martin
Chief Executive Officer
◇—◇—◇—◇◇
Andrew Burch
Former President, Nucleic Acid Production
Departed during or after this year
◇◇◇—◇—◇◇
Rebecca Buzzeo
Chief Commercial Officer
◇◇◇—◇——◇
Peter Leddy
Chief Administrative Officer
◇◇◇—◇—◇◇
Kevin Herde
Chief Financial Officer
◇◇◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Bernd Brust
Chief Executive Officer
◇—◇◇◇—◇◇
William Martin
Former Chief Executive Officer
Departed during or after this year
◇—◇———◇◇
Raj Asarpota
Chief Financial Officer
◇◇◇◇◇—◇◇
Peter Leddy
Former Chief Administrative Officer
Departed during or after this year
◇—◇—◇—◇◇
Kevin Herde
Former Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Kurt Oreshack
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Christine Dolan
Executive Vice President and General Manager, Cygnus
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bernd BrustRSU◇——◇——◇
Bernd BrustPSU◇—◇———◇
Bernd BrustOPTION◇——◇—◇◇
Raj AsarpotaRSU◇——◇——◇
Raj AsarpotaPSU◇—◇———◇
Raj AsarpotaOPTION◇——◇—◇◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Christine DolanRSU◇◇——
Option◇—◇1/25/2032
Option◇—◇3/15/2033
RSU◇◇——
RSU◇◇——
Option◇—◇3/15/2033
Option◇—◇7/15/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
Bernd BrustPSU◇◇——
RSU◇◇——
Option◇—◇6/8/2035
Kevin HerdeRSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇3/15/2033
Option◇—◇1/25/2032
Kurt OreshackOption◇—◇1/25/2032
RSU◇◇——
Option◇—◇3/15/2033
RSU◇◇——
RSU◇◇——
Raj AsarpotaOption◇—◇6/30/2035
PSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Kevin Herde
Former Chief Financial Officer · Employment agreement · citing a 2023 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
R. Andrew Eckert
Board chair
◇◇————◇
Susannah Gray
◇◇————◇
John DeFord
◇◇————◇
Jessica Hopfield
◇◇————◇
Constantine Mihas
◇◇————◇
Sean Cunningham
◇◇————◇
Murali K. Prahalad
◇◇————◇
Gregory T. Lucier
◇◇————◇
Benjamin Daverman
◇◇————◇
Luke Marker
◇◇————◇
William E. Martin III, Bernd Brust and William Martin served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • 10x Genomics Inc. TXG
  • Azenta, Inc. AZTA
  • Bio-Techne Corporation TECH
  • Cytek Biosciences, Inc. CTKB
  • Fulgent Genetics, Inc. FLGT
  • Guardant Health GH
  • Halozyme Therapeutics, Inc. HALO
  • iRythm Technologies symbol not shown
  • Lantheus Holdings, Inc. LNTH
  • Natera, Inc. NTRA
  • Neogen Corporation NEOG
  • Repligen Corporation RGEN
  • Sotera Health Company SHC
  • Tandem Diabetes Care, Inc. TNDM
  • Twist Bioscience Corp. TWST
  • Veracyte, Inc. VCYT

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 26, 2026=◇◇◇
2024May 22, 2025=◇◇◇
2023May 23, 2024=◇◇◇
2022May 18, 2023=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Maravai Lifesciences Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Maravai Lifesciences Holdings sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
197 figures on this page: 193 cited to the filing that reported them, 4 calculated from figures it prints.
193 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001823239-26-000046
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001823239-26-000014
    2025 Director Compensation · CHIEF EXECUTIVE OFFICER PAY RATIO · EXECUTIVE AND DIRECTOR COMPENSATION · Grants of Plan-Based Awards · and 2 more sections
  3. 0001823239-25-000065
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-25-085761
    Summary Compensation Table
  5. 0001823239-24-000082
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001823239-23-000041
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001823239-23-000039
    EX-10.25
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Velarion, “Maravai Lifesciences Holdings executive compensation, FY2024–FY2025.” https://intel.velarion.ai/comp/MRVI (accessed 2026).
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Biopharma & Life Sciences rankings

Chief executive pay — Biopharma & Life SciencesCEO pay ratio — Biopharma & Life SciencesSay-on-pay support — Biopharma & Life Sciences

Peers Maravai Lifesciences Holdings discloses

The companies named in MRVI's own disclosed peer group.

10x Genomics Inc.Azenta, Inc.Bio-Techne CorporationCytek Biosciences, Inc.Halozyme Therapeutics, Inc.Repligen CorporationTandem Diabetes Care, Inc.Twist Bioscience Corp.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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