Róbert Wessman is the founder of Alvotech and has served as Chairman of the Board of Directors since January 2019. He is also Chairman of Alvogen and Lotus Pharmaceuticals and serves as a board member at Fuji Pharma Co. Ltd. Prior to founding Alvotech (in 2013) and Alvogen (in 2009), Mr. Wessman as CEO led Actavis from 1999 - 2008, transforming it into a leading global generics company. After founding Alvogen, he transformed it into one of the top 15 global generics companies, while serving as CEO and Chairman. Mr. Wessman is also founding partner of the Aztiq Group. He has a BS degree in Business Administration from the University of Iceland.

Róbert Wessman

Richard Davies has served Deputy Chairman of Alvotech’s board, previously Chairman of Alvotech’s board, and as one of Alvotech’s directors since January 2019. Since November 2018, he has served as Chief Executive Officer of Auregen Bio Therapeutics SA. Prior to joining Auregen Bio Therapeutics, Mr. Davies served as Chief Executive Officer of Bonesupport AB between 2016 and 2018, as Senior Vice President and Chief Commercial Officer of Hospira Inc. between 2012 and 2015, and in various leadership roles at Amgen Inc between 2003 and 2012. Mr. Davies holds an MBA from the University of Warwick and Bachelor of Science in applied chemistry from the University of Portsmouth.

Richard Davies

Since 2009, Arni Hardarson has served as Deputy to the Chief Executive Officer and General Counsel of Alvogen. Prior to joining Alvogen, Mr. Hardarson was Vice President of Tax and Structure at Actavis, and as partner, member of the executive management committee, and served as a head of tax and legal at Deloitte. 

Mr. Hardarson holds a Master’s degree in law from the University of Iceland. 

Arni Hardarson

Ms. Graver has served in various leadership positions for Alvogen since June 2010, including as President of Alvogen Inc, a subsidiary of Alvogen, since August 2015, as Executive Vice President and Deputy to the Chief Executive Officer of Alvogen Inc. since February 2013, and as Vice president Intellectual Property of Alvogen since June 2010. Prior to joining Alvogen, Ms. Graver was Vice President Intellectual Property and Senior Director Intellectual Property at Actavis Inc. between 2006 and 2008. Ms. Graver holds a BSc in Biology from Lakehead University and a law degree from the Case Western Reserve University School of Law.

Lisa Graver

Since 2018, Ann Merchant has served as Vice President for MorphoSys, and as Head of Global Supply Chain since January 2019. Prior to joining MorphoSys, from September 2011 to August 2018, Ms. Merchant served as the President for Schreiner Medipharm. 

Between 1994 and 2011, Ms. Merchant held various roles at Amgen, including Vice President, Head of International Supply Chain and Site Head between 2007 and 2011. Ms. Merchant holds an MBA from the Henley Business School and a Bachelor of Science in Languages from Georgetown University. 

Ann Merchant

Tomas has served as one of Alvotech’s directors since January 2019. Since November 2014 he has served as a partner at CVC Capital Partners where he is a member of the CVC Nordics team and is based in Stockholm. Prior to joining CVC in 2014, Mr. Ekman was a partner and Managing Director at 3i, responsible for its Nordic business. Mr. Ekman holds MSc degrees from the University of Strathclyde and Chalmers University of Technology, and an MBA from IMD, Switzerland. 

Tomas Ekman

Mr. Palsson joined Alvotech’s Board of Directors at the Annual General Meeting held in June 2024. Since 2013 he has served as non-executive board member in sectors like pharmaceuticals, retail, medical devices, media & telecommunications, education and venture capital.

Mr. Palsson was the EVP/CFO of Ossur, a leading medical device company, listed on NASDAQ OMX Copenhagen, from 2001-2013, were he gained comprehensive experience in leading accounting, planning, investor relations, funding, corporate M&A, human resources, and business information services.

Prior, Mr. Palsson was a partner and a board member at Deloitte & Touche in Iceland where he practiced as a State Authorized Public Accountant from 1989 to 2001.

Mr. Palsson graduated with a Cand. Oecon degree in finance and accounting from the University of Iceland in 1988 and qualified as a State Authorized Public Accountant in 1989.

Hjörleifur Pálsson

Alvotech's Board Directors have all been elected for a period ending at the Annual General Meeting in 2026.