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West Pharmaceutical Services Names Robert McMahon as Incoming CFO
ByAinvest
Monday, Jul 21, 2025 12:38 pm ET1min read
West Pharmaceutical Services has appointed Robert McMahon as its new Chief Financial Officer, effective August 4, 2025. McMahon brings 34 years of healthcare industry experience from Agilent Technologies, Hologic, and Johnson & Johnson. Outgoing CFO Bernard Birkett will transition to Senior Advisor to ensure a smooth transition. McMahon's appointment is seen as a strategic move to drive the company forward and improve patient health.
West Pharmaceutical Services, Inc. (NYSE: WST) has appointed Robert McMahon as its new Chief Financial Officer (CFO), effective August 4, 2025. McMahon brings extensive healthcare industry experience, having served as CFO at Agilent Technologies Inc. since 2018. Prior to Agilent, he held executive financial roles at Hologic, Inc. and Johnson & Johnson over a span of 20 years. He will succeed Bernard Birkett, who announced his intention to retire earlier this year. Birkett will transition to the role of Senior Advisor to the CEO through the end of 2025 to ensure a smooth handover [1].McMahon's appointment is seen as a strategic move to drive the company forward and improve patient health. He has a proven track record of delivering strong financial results and implementing effective financial and operational strategies [1]. At Agilent, McMahon oversaw finance, audit, treasury, tax, investor relations, IT, and procurement functions. His experience at Hologic and Johnson & Johnson has equipped him with a deep understanding of the healthcare sector and its complexities [2].
West Pharmaceutical Services specializes in injectable drug administration solutions and services. The company operates 50 sites globally, including 25 manufacturing facilities, and employs over 10,000 team members. In fiscal year 2024, West generated $2.89 billion in net sales [2]. The company anticipates continued growth in high-value products and has forecasted full-year 2025 net sales between $2.945 billion and $2.975 billion [3].
KeyBanc reiterated an Overweight rating for West Pharmaceutical, citing significant growth opportunities in the GLP-1 market, which is expected to expand rapidly in the coming years [3]. Recent capacity investments by major pharmaceutical companies are expected to benefit component suppliers like West Pharmaceutical, indicating strong industry confidence in sustained GLP-1 demand.
References:
[1] https://www.prnewswire.com/news-releases/west-welcomes-robert-mcmahon-as-incoming-chief-financial-officer-302508951.html
[2] https://www.investing.com/news/company-news/west-pharmaceutical-services-appoints-robert-mcmahon-as-new-cfo-93CH-4143258
[3] https://www.marketscreener.com/news/west-pharmaceutical-services-inc-announces-cfo-changes-effective-august-4-2025-ce7c5cdcd98ff325
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