Is Stephane Bancel Leaving Moderna For Good? Is there a net worth difference between Stephane Bancel and his wife Brenda? After selling millions of dollars in stock, the CEO appears to be leaving Moderna.
Bancel is the CEO of Moderna, a pharmaceutical and biotechnology company based in the United States. Prior to joining Moderna, he was the CEO of Bio Merieux, a French diagnostics company.
Stephane has been on the boards of the Boston Museum of Science, Indigo Agriculture, and Qiagen in the past. He began his career as a sales director at Eli Lilly and Company, eventually rising to become the president of operations for Belgium.
Stephane Bancel Wife Brenda Net Worth Gap Revealed
According to Forbes, Stephane Bancel’s net worth is $5.2 billion as of February 2022. He and his wife Brenda have a huge wealth disparity.
In 2011, he was named CEO of Moderna, a Massachusetts-based biotech company best known for its Covid-19 vaccine, and he also holds about an 8% investment in the company. Bancel’s compensation in 2020 was $12.85 million, whereas in 2019 it was $8.9 million.
Stephane is a Flagship Pioneering partner. As an Independent Member of the Supervisory Board of Qiagen N.V., he earned a total of $98,831.
He earned a degree in biomolecular and chemical engineering at CentraleSupélec. Bancel earned his bachelor’s degree in biological engineering from the University of Minnesota. Both universities awarded him a master’s degree after that. He graduated from Harvard Business School with a master’s degree in business administration.
Stephane and his family currently reside in Boston, Massachusetts. With his wife, Brenda, he has two children.
Is Stephane Bancel Leaving Moderna?
Over the last two years, Moderna CEO Stephane Bancel has sold hundreds of millions of dollars in stock.
Neither Moderna nor Bancel have responded to the news of his departure. After paying out millions of dollars, he appears to have gone into hiding.
According to Yahoo! Finance, he sold 10,000 MRNA shares on February 11, 2021, 9000 MRNA stock on February 10, 2021, 11,046 MRNA stock on February 5, 2021, 19,000 MRNA stock on February 4, 2021, and 11,046 MRNA stock on January 29, 2021.
Why is Stephane Bancel Shutting Down His Twitter Account?
Stephane Bancel deactivated his Twitter account days after Pfizer admitted that a safety assessment could result in the stock market losing billions of dollars.
This arose after Edward Dowd, a former Blackrock executive, began an investigation into death figures from funeral homes and insurance firms. He began his research by contacting funeral homes and insurance firms for death statistics.
In the vaccination clinical trials, Dowd, a former hedge fund manager, accused Moderna and Pfizer of fraud. Bancel’s Twitter account was then deactivated.
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