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Stéphane Bancel

From Wikipedia, the free encyclopedia
French businessman (born 1972)

Stéphane Bancel
Stéphane Bancel
Born (1972-07-20)20 July 1972 (age 52)
Marseille, France
EducationCentraleSupélec
University of Minnesota
Harvard Business School
OccupationBusinessman
Known forCEO and 8% owner,Moderna
Term2011–
SpouseBrenda Bancel
Children2

Stéphane Bancel (born 20 July 1972)[1] is a French business executive. He is thechief executive officer (CEO) of the American pharmaceutical and biotechnology companyModerna, known for itsCOVID-19 vaccine. Before joining Moderna, Bancel was the CEO of French diagnostics companyBioMérieux. Bancel is a partner atFlagship Pioneering, and has served on the boards ofIndigo Agriculture,Boston's Museum of Science, andQiagen. As of May 2023, his net worth was estimated at US$4.1 billion, owning about 8% of Moderna.[2]

Early life

[edit]

Bancel was born inMarseille, France. His father and mother were an engineer and doctor, respectively. He enjoyed computers, math, and science during his childhood.[3]

Bancel studied engineering atCentraleSupélec (former École Centrale Paris) and biological engineering at theUniversity of Minnesota, earning master's degrees at both institutions.[4] He went on to earn an MBA fromHarvard Business School.[5]

Career

[edit]

Bancel was a sales director atEli Lilly and Company, eventually becoming head of operations for Belgium.[5] In 2007, he became CEO of French diagnostics companyBioMérieux, and was credited with improving the company's margins.[5]

In 2011, Bancel joinedModerna as the CEO.Stat reported that Bancel led a highly secretive culture with little outside review of its science or research.[5]

Personal life

[edit]

Bancel has two children.[6] In April 2020, with the Moderna share price rising on news of imminent phase 2 human trials for its potentialCOVID-19 vaccine, Bancel's stake of about 9% became worth over $1 billion.[4] He lives inBoston, Massachusetts.[2]

References

[edit]
  1. ^"Les 500 plus grandes fortunes de France 2023" [The 500 Richest People in France 2023].Challenges (in French). Retrieved22 May 2024.
  2. ^ab"Forbes profile: Stéphane Bancel".Forbes. Retrieved31 May 2023.
  3. ^"Moderna's Stéphane Bancel: the maths nerd who struck vaccine gold".MoneyWeek. 17 April 2021. Retrieved28 January 2022.
  4. ^abTognini, Giacomo (3 April 2020)."Moderna CEO Stéphane Bancel Becomes A Billionaire As Stock Jumps On Coronavirus Vaccine News".Forbes.Archived from the original on 3 April 2020. Retrieved4 April 2020.
  5. ^abcdGarade, Damien (13 September 2016)."Ego, ambition, and turmoil: Inside one of biotech's most secretive startups". Stat.Archived from the original on 16 November 2020. Retrieved18 May 2020.
  6. ^"Story Details - Alumni - Harvard Business School".www.alumni.hbs.edu. 31 January 2014. Retrieved2 December 2020.
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