Stéphane Bancel
Chief Executive Officer
Legacy
Bancel has led Moderna from a pre-revenue startup to a $180 billion market cap at its peak, overseeing the development of Spikevax in record time and the company's transition to a multi-product biotechnology enterprise. He has managed the $2.2 billion cost-reduction program in 2025 and set the target of cash break-even by 2028. The leader's tenure has shaped Moderna's organizational culture, strategic priorities, and financial performance during a critical period of transition.