{"id":956953,"date":"2026-04-30T17:35:25","date_gmt":"2026-04-30T21:35:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/"},"modified":"2026-04-30T17:35:25","modified_gmt":"2026-04-30T21:35:25","slug":"alvotech-announces-a-change-in-its-executive-team","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/","title":{"rendered":"Alvotech Announces a Change in its Executive Team"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">REYKJAVIK, Iceland, April  30, 2026  (GLOBE NEWSWIRE) &#8212; Alvotech (NASDAQ: ALVO, the \u201cCompany\u201d), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that Tanya Zharov, General Counsel, has asked to step down after six years with the Company.<\/p>\n<p>\u201cI would like to thank Tanya for her important contribution to the growth of Alvotech over the past six years, preparing the Company for public listings in several jurisdictions and attracting international talent to work for Alvotech in Iceland. Together, we have built a world-class team that will lead the Company into the future,\u201d said R\u00f3bert Wessman, Chairman of Alvotech.<\/p>\n<p>\u201cThese past six years have been a wonderful adventure, as I was able to participate in the build-up phase of this great Company and in listing its shares in three different markets. At this juncture, I feel it is time to move on. I\u2019m very happy to see Lisa Graver taking over the CEO role, thus joining my other wonderful colleagues in the executive team that have decided to relocate to Reykjavik. While I may have decided to step down, I will not be leaving just yet \u2013 and look forward to working on the hand-over while supporting the company for several months. My collaboration with R\u00f3bert and thus connection to Alvotech continues, as I will take on board responsibilities for R\u00f3bert\u2019s holding companies, Aztiq and Fl\u00f3ki,\u201d said Tanya Zharov.<\/p>\n<p>\n        <strong>FOR MORE INFORMATION<\/strong><br \/>\n        <br \/>\n        <strong>Media contacts<\/strong><br \/>\n        <br \/>Benedikt Stefansson<br \/>Sarah MacLeod<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=L1XpbCBB6-dl6kMepgSA2SM3uAs8UcwLKfhqnrvTA_muE_bo1nnJI9jhBCWc_dSzu6nkljLmPFWNjOdwDOSFYlJrwuZXO4oLnmfH6SPu115sIH9Skf5IuM7Tb16QyMz-\" rel=\"nofollow\" target=\"_blank\">alvotech.media@alvotech.com<\/a><\/p>\n<p>\n        <strong>Investor contacts<\/strong><br \/>\n        <br \/>Dr. Balaji V Prasad (US)<br \/>Patrik Ling (SE)<br \/>Benedikt Stefansson (IS)<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=L1XpbCBB6-dl6kMepgSA2QDOM9627T--cwyU6QkI54uzfJoaM5Z-WaNIIWdsbeYs_D7MNRzfpABmH3UChYhw7XDUYobKZ-s8gdV_ZZP73AjfbFJfj_ufnmFVvUpqCZbu\" rel=\"nofollow\" target=\"_blank\">alvotech.ir@alvotech.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>About Alvotech<\/strong><br \/>\n        <br \/>Alvotech is a biotechnology company, founded by Robert Wessman, focused solely on the development and manufacture of biosimilar medicines for patients worldwide. Alvotech seeks to be a global leader in biosimilars by delivering high-quality, cost-effective products and services, enabled by a fully integrated approach and broad in-house capabilities. Five biosimilars are already approved and marketed in multiple global markets, including biosimilars to Humira\u00ae (adalimumab), Stelara\u00ae (ustekinumab), Simponi\u00ae (golimumab), Eylea\u00ae (aflibercept) and Prolia\u00ae\/Xgeva\u00ae (denosumab). The current development pipeline includes nine disclosed biosimilar candidates aimed at treating autoimmune disorders, eye disorders, osteoporosis, respiratory disease, and cancer. Alvotech has formed a network of strategic commercial partnerships to provide global reach and leverage local expertise in markets that include the United States, Europe, Japan, China, and other Asian countries and large parts of South America, Africa and the Middle East. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=t9tWQGekB3txyY6s9ivh4fI0gWE2ZnjF3Ob4f7fmlRl0m4ouQbQ36dVYzzzTJM9QiivS_Maa2spd-w3_b74AwtyQugG5lIjFCvEcIH-q3kY=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.alvotech.com<\/a>. None of the information on the Alvotech website shall be deemed part of this press release.<\/p>\n<p>For more information, please visit our <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DfCU5BNlTPsBUZEEu5wVjqlOBSgoCZoLhEE2p1lFO6HZo1QuQGv3whprr55_mff8TyNyS2VFrK25VgtUO1hfnOXxQ5eb05hTdvnJC1MWKfA=\" rel=\"nofollow\" target=\"_blank\">investor portal<\/a>, and our <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GwbzbylT0G8GYY0B-NT8LWLzMB3-OTOnQ_01CvsPZ3Tr1N8uA7aW9nu_cgyTEt8t5oVeKsAantQ8BGHgy-nKJg==\" rel=\"nofollow\" target=\"_blank\">website<\/a> or follow us on social media on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dj1cPBeTbrvQC1t09rGW0RdBerEji-RCXjmQ7Oc1h6adsJuCnPMJ-LEzdd3h_36_Ri3pTzlVbIUxF7-v1NfvfxTlXeMWcJFqKAW_WPvQ0tU=\" rel=\"nofollow\" target=\"_blank\">LinkedIn<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GmT2OYM6TtI1AhYHAelr9EY1sZiDWFZGS8GhYV-gFzV_Q0iiV7J6FBRh0kUfwhTpsykS1pGrrXhkF8cuymxRm_ZIHBBz6auNG-FTq6DtvDE=\" rel=\"nofollow\" target=\"_blank\">Facebook<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BFMLp3_RD3WTwxZDe6OdJQC0K63FXswQ8aiGJmUTXSP0_izNttMXyCEXF42vv45oXK5KwcFWUflMP-lgOZxJV4_-heOT3LG3t8d27OtbBKo=\" rel=\"nofollow\" target=\"_blank\">Instagram<\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZD-ZvhRP6K4yYqAatlNpPfP8G80GSrUKQJwiG_XMm2Q78N-Avy0_h6bSCsn17bFSj0N2SMkpXi3ceSKmMWOYKK0wpuKumv0Dal0DjwvnHeg=\" rel=\"nofollow\" target=\"_blank\">YouTube<\/a>.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTE3OTMyOSM0MDIzODQ2MTgjMjIzMzgzMw==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/YjRmZjZhZDMtOWJkNy00ZTExLThiOTQtZWEzNGU2NDQ5MjNhLTEyNDUzODYtMjAyNi0wNC0zMC1lbg==\/tiny\/Alvotech.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>REYKJAVIK, Iceland, April 30, 2026 (GLOBE NEWSWIRE) &#8212; Alvotech (NASDAQ: ALVO, the \u201cCompany\u201d), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that Tanya Zharov, General Counsel, has asked to step down after six years with the Company. \u201cI would like to thank Tanya for her important contribution to the growth of Alvotech over the past six years, preparing the Company for public listings in several jurisdictions and attracting international talent to work for Alvotech in Iceland. Together, we have built a world-class team that will lead the Company into the future,\u201d said R\u00f3bert Wessman, Chairman of Alvotech. \u201cThese past six years have been a wonderful adventure, as I was able &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Alvotech Announces a Change in its Executive Team&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-956953","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alvotech Announces a Change in its Executive Team - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alvotech Announces a Change in its Executive Team - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"REYKJAVIK, Iceland, April 30, 2026 (GLOBE NEWSWIRE) &#8212; Alvotech (NASDAQ: ALVO, the \u201cCompany\u201d), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that Tanya Zharov, General Counsel, has asked to step down after six years with the Company. \u201cI would like to thank Tanya for her important contribution to the growth of Alvotech over the past six years, preparing the Company for public listings in several jurisdictions and attracting international talent to work for Alvotech in Iceland. Together, we have built a world-class team that will lead the Company into the future,\u201d said R\u00f3bert Wessman, Chairman of Alvotech. \u201cThese past six years have been a wonderful adventure, as I was able &hellip; Continue reading &quot;Alvotech Announces a Change in its Executive Team&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-30T21:35:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTE3OTMyOSM0MDIzODQ2MTgjMjIzMzgzMw==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alvotech-announces-a-change-in-its-executive-team\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alvotech-announces-a-change-in-its-executive-team\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Alvotech Announces a Change in its Executive Team\",\"datePublished\":\"2026-04-30T21:35:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alvotech-announces-a-change-in-its-executive-team\\\/\"},\"wordCount\":464,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alvotech-announces-a-change-in-its-executive-team\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMTE3OTMyOSM0MDIzODQ2MTgjMjIzMzgzMw==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alvotech-announces-a-change-in-its-executive-team\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alvotech-announces-a-change-in-its-executive-team\\\/\",\"name\":\"Alvotech Announces a Change in its Executive Team - 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Together, we have built a world-class team that will lead the Company into the future,\u201d said R\u00f3bert Wessman, Chairman of Alvotech. \u201cThese past six years have been a wonderful adventure, as I was able &hellip; Continue reading \"Alvotech Announces a Change in its Executive Team\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-30T21:35:25+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTE3OTMyOSM0MDIzODQ2MTgjMjIzMzgzMw==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Alvotech Announces a Change in its Executive Team","datePublished":"2026-04-30T21:35:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/"},"wordCount":464,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTE3OTMyOSM0MDIzODQ2MTgjMjIzMzgzMw==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/alvotech-announces-a-change-in-its-executive-team\/","name":"Alvotech Announces a Change in its Executive Team - 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