Viatris shares surge 5.23% after-hours following leadership transition, appointing Matthew Maletta as new Chief Legal Officer.

Viatris Inc. (VTRS) surged 5.23% in after-hours trading following the announcement of a leadership transition in its legal department. The company appointed Matthew Maletta as Chief Legal Officer, effective February 9, 2026, replacing Brian Roman, who is transitioning out. Maletta’s extensive pharmaceutical industry experience, including his prior role at Endo, Inc., signals a strategic move to strengthen legal operations. This leadership change aligns with the stock’s upward movement, as investors likely viewed the appointment as a positive step toward operational stability and expertise. Other news, such as TD Waterhouse’s reduced stake and the stock’s intraday price surge, did not directly correlate with the after-hours rally. The German market report of a 5.52% increase further corroborates the positive sentiment, though it reflects the same underlying event.