What changed
Azenta named current director Dr. Martin Madaus interim President and CEO after John Marotta resigned as an executive officer and director. The Board has retained Heidrick & Struggles to search for a permanent CEO. Azenta reaffirmed its fourth quarter fiscal 2026 total revenue guidance previously issued on August 4, 2026. The Company expects fourth quarter fiscal 2026 adjusted EBITDA to include a one-time approximately $3 million consulting expense.
Why it matters
Azenta named current director Dr. Martin Madaus interim President and CEO after John Marotta resigned as an executive officer and director. The Board has retained Heidrick & Struggles to search for a permanent CEO. Azenta reaffirmed its fourth quarter fiscal 2026 total revenue guidance previously issued on August 4, 2026. The Company expects fourth quarter fiscal 2026 adjusted EBITDA to include a one-time approximately $3 million consulting expense.
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Aug 31, 2026 10:10 PM ET