Emergent BioSolutions announced that Robert G. Kramer Sr. has informed the Board of Directors of his intention to retire from Emergent. Mr. Kramer will step down from his role as CEO of Emergent, effective immediately. The Board has appointed Haywood Miller as interim CEO while it conducts a search to identify a new permanent CEO, considering both internal and external candidates and with the assistance of a leading executive search firm.

Mr. Miller, Managing Director at Berkeley Research Group (BRG), has served as an advisor to the Company and its executive management team for the last several months. In order to ensure a smooth transition, Mr. Kramer will serve as an advisor to the Company until August 1, 2023. Haywood Miller has over 30 years of professional experience as an executive, business owner, workout professional, private equity and debt investor, and securities and mergers and acquisitions lawyer.

As a member of BRG, Mr. Miller has had interim leadership roles with public and private companies and has worked on dozens of engagements involving healthcare providers, trade and government contractors, pharmaceutical manufacturers, nutraceutical, product and equipment manufacturers, insurance brokerages, restaurant chains, quarry and mining businesses, and other companies facing financial or operational challenges. He was previously a cofounder and executive vice president of Arguss Communications Inc., a telecommunication infrastructure business and cofounded and was executive vice president and general counsel for Argan Inc., a manufacturer and marketer of nutraceuticals and a government contractor working on telecommunications infrastructure for the U.S. and local governments and telephone and cable companies. Mr. Miller was the executive vice president and general counsel with Jupiter National Inc., a venture capital investing business development company.

He previously worked as a principal with the MCG Capital Corporation, a mezzanine financing business-development company; and as a managing director at Advisory Associates Inc., a McLean, Virginiabased merchant banking firm. Mr. Miller founded and was president and CEO of Renewal Treatment Centers Inc., a greenfield developer and operator of an eating disorder treatment center. He raised funds, zoned and licensed a facility in Frederick, Maryland, and worked extensively with the managed care participants and various other payors and referral sources.

Mr. Miller was also a securities and mergers and acquisitions lawyer at The Venable Firm.