Adagio Therapeutics, Inc. announced a Chief Executive Officer succession plan. Current Adagio CEO Tillman Gerngross, Ph.D. has communicated to the Chairperson of the Board of Directors of Adagio that he agreed in principle to resign from his position as CEO. Upon Dr. Gerngross's departure from the Company, the Board intends to appoint Mr. David Hering, M.B.A., who has served as the Company's Chief Operating Officer, as Interim Chief Executive Officer of the Company.

Dr. Gerngross also agreed to transfer the duties of the Chief Executive Officer to Mr. Hering. Mr. Hering is a seasoned life sciences leader with more than 25 years of industry experience, having spent much of his career leading functions within vaccine franchises at some of the top pharmaceutical companies. Prior to joining Adagio, Mr. Hering led Pfizer's mRNA Global Franchise and launched its COVID-19 vaccine as president, North America.