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Aptevo Therapeutics Announces CEO Transition and Leadership Changes

Story Highlights
  • Aptevo’s CEO Marvin White will become Executive Chair, as COO Jeff Lamothe steps up to CEO on April 1, 2026.
  • Leadership changes, board expansion, and revised severance terms aim to ensure continuity as Aptevo advances its oncology pipeline and growth plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aptevo Therapeutics Announces CEO Transition and Leadership Changes

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Aptevo Therapeutics ( (APVO) ) has provided an announcement.

On February 3, 2026, Aptevo Therapeutics announced that President and Chief Executive Officer Marvin White, who has led the company since 2016, will retire from the CEO role effective April 1, 2026, becoming Executive Chair while current Chief Operating Officer Jeff Lamothe is promoted to President and CEO and appointed to the board, expanding it from six to seven members. The leadership reshuffle, which also sees current Chairman John E. Niederhuber, M.D., move to Lead Independent Director, is positioned as a continuity-focused transition at what management describes as an inflection point marked by a clinically validated platform, expanded oncology pipeline, and strengthened balance sheet; compensation adjustments, severance-plan changes aligning Executive Chair benefits with CEO-level protections, and Lamothe’s operational and financial track record underscore Aptevo’s intent to maintain strategic momentum and support its next phase of growth in cancer immunotherapies.

The most recent analyst rating on (APVO) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on Aptevo Therapeutics stock, see the APVO Stock Forecast page.

Spark’s Take on APVO Stock

According to Spark, TipRanks’ AI Analyst, APVO is a Neutral.

The score is held down primarily by very weak financial performance (no revenue, large ongoing losses, and heavy cash burn) and bearish technical signals (price far below key moving averages with negative MACD). Positive corporate developments—especially the extended funding runway and encouraging trial results—partially offset these risks but are not enough to overcome the current fundamentals and momentum.

To see Spark’s full report on APVO stock, click here.

More about Aptevo Therapeutics

Aptevo Therapeutics Inc. is a clinical-stage biotechnology company focused on developing novel multispecific immunotherapies for the treatment of cancer, built on its proprietary ADAPTIR and ADAPTIR-FLEX platform technologies. The company’s pipeline includes two clinical candidates—mipletamig for frontline acute myeloid leukemia, which has orphan drug designation, and ALG.APV-527 for multiple solid tumors co-developed with Alligator Bioscience—as well as six preclinical programs targeting a range of solid tumors, reflecting a strategic focus on immune-oncology and differentiated CD3-based therapeutics.

Average Trading Volume: 183,377

Technical Sentiment Signal: Strong Sell

Current Market Cap: $7.25M

See more insights into APVO stock on TipRanks’ Stock Analysis page.

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