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MaxCyte Announces Planned CFO Transition in 2026

MWN-AI** Summary

MaxCyte, Inc., a prominent company in cell-engineering technologies, announced a planned transition in its financial leadership, with Chief Financial Officer Douglas Swirsky set to step down in the first half of 2026. Swirsky has communicated his decision to the company and will remain in his role until a successor is appointed, ensuring a smooth transition process. To facilitate this change, MaxCyte has begun a structured search for Swirsky’s replacement. Post-transition, he will continue to offer advisory support to the company, helping oversee strategic initiatives and maintaining operational continuity.

CEO Maher Masoud expressed gratitude for Swirsky’s contributions, highlighting his significant role in enhancing the company’s capabilities and strengthening its strategic direction. Swirsky shared his pride over his tenure, affirming confidence in MaxCyte's future and its leadership under Masoud. He emphasized his commitment to a seamless handoff to the incoming CFO.

This leadership transition is not expected to disrupt MaxCyte’s operations, financial reporting, or its strategic objectives, allowing the company to maintain its focus on advancing its innovative cell-engineering platforms. Established over 25 years ago, MaxCyte continues to drive advancements in the development and commercialization of next-generation cell therapies, powered by technologies like Flow Electroporation® and SeQure DX™. The company is dedicated to supporting researchers globally in engineering diverse cell types to accelerate the development of safe and effective therapeutics.

For further communication, MaxCyte's Investor Relations can be contacted via David Deuchler at Gilmartin Group, and media inquiries can be directed to Kristen White at Oak Street Communications.

MWN-AI** Analysis

MaxCyte, Inc. (Nasdaq: MXCT) has recently announced a planned transition in its Chief Financial Officer position, with Douglas Swirsky set to leave in the first half of 2026. This news offers a pivotal moment for investors to assess the company's trajectory and strategic positioning in the cell-engineering sector which is currently bustling with innovation and investment.

While the transition of a CFO can often signal uncertainty, the structured approach outlined by MaxCyte presents a confident outlook. Mr. Swirsky's continued involvement in an advisory capacity will help preserve continuity through the transition, mitigating risks associated with leadership changes. Moreover, the company's emphasis on ensuring that the transition will not disrupt operations or financial reporting is encouraging; it underscores MaxCyte’s robust internal controls and strategic clarity.

The cell therapy market, bolstered by advancements in gene editing and cell engineering, continues to grow rapidly. MaxCyte’s commitment to innovation—demonstrated through its Flow Electroporation® technology and SeQure DX™ gene editing services—positions it well within this expanding market. As researchers and biopharma companies increasingly seek outsourced solutions for cell engineering, MaxCyte could leverage its established reputation and innovative capabilities to capture greater market share.

Investors should also pay attention to the search for Mr. Swirsky’s successor. A strong appointment can signal ongoing stability and growth potential, while a misstep could raise concerns. Therefore, monitoring company announcements related to this search will be crucial.

In conclusion, while the impending CFO transition might raise eyebrows, MaxCyte’s proactive measures and its strong market position offer reassuring prospects. Investors should approach this situation with cautious optimism, looking to capitalize on potential growth within the turbulent yet promising sphere of cell therapeutics.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

ROCKVILLE, Md., Nov. 12, 2025 (GLOBE NEWSWIRE) -- MaxCyte, Inc. , (Nasdaq: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery, development and commercialization of next-generation cell therapeutics, today announced that Chief Financial Officer Douglas Swirsky has informed the Company of his decision to transition from his role in the first half of 2026. Mr. Swirsky and the Company are working closely to ensure a smooth and orderly transition, and he will remain Chief Financial Officer until a successor has been appointed. The Company has initiated a structured search process to identify Mr. Swirsky’s successor. Following the transition period, Mr. Swirsky will continue in an advisory capacity to support strategic initiatives and ensure continuity.

“Doug has been an exceptional partner to MaxCyte, having played a key role in advancing our strategy, strengthening our team, and enhancing our capabilities,” said Maher Masoud, Chief Executive Officer. “We appreciate Doug’s decision to provide ample notice and flexibility for a thoughtful and orderly transition.”

“It’s been a privilege to serve as CFO of MaxCyte,” said Douglas Swirsky. “After thoughtful consideration, Maher and I have agreed that this is the right time for me to transition from MaxCyte. I’m incredibly proud of what we’ve accomplished together and confident in the Company’s continued success under Maher. I look forward to supporting a seamless handoff to my successor.”

The transition is not expected to impact the Company’s operations, results, financial reporting cadence or strategic priorities.

About MaxCyte

At MaxCyte®, we are committed to building better cells together. As a leading cell-engineering company, we are driving the discovery, development and commercialization of next-generation cell therapies. Our best-in-class Flow Electroporation® technology and SeQure DX™ gene editing risk assessment services enable precise, efficient and scalable cell engineering. Supported by expert scientific, technical and regulatory guidance, our platform empowers researchers from around the world to engineer diverse cell types and payloads, accelerating the development of safe and effective treatments for human health. For more than 25 years, we've been advancing cell engineering, shaping the future of medicine. Learn more at maxcyte.com and follow us on X and LinkedIn .

MaxCyte Contacts:

Investor Relations
Gilmartin Group
David Deuchler, CFA
+1 415-937-5400
ir@maxcyte.com

Media Contact
Oak Street Communications
Kristen White
kristen@oakstreetcommunications.com
415.608.6060


FAQ**

What specific qualities and qualifications are MaxCyte Inc. (MXCT) seeking in a successor for Chief Financial Officer following Douglas Swirsky’s planned transition in 2026?

MaxCyte Inc. is seeking a successor for Chief Financial Officer with strong financial acumen, strategic vision, experience in public company financial management, and expertise in regulatory compliance to succeed Douglas Swirsky after his transition in 2026.

How might the transition of CFO Douglas Swirsky impact MaxCyte Inc. (MXCT) strategic initiatives and future growth, given his integral role in the company’s strategy?

The transition of CFO Douglas Swirsky could significantly impact MaxCyte Inc.'s strategic initiatives and future growth, as his departure may disrupt financial stability and strategic direction, potentially affecting investor confidence and company performance.

Can you elaborate on how MaxCyte Inc. (MXCT) plans to maintain continuity in operations and financial reporting during the CFO transition period?

MaxCyte Inc. (MXCT) is expected to ensure continuity in operations and financial reporting during the CFO transition by implementing a robust interim leadership strategy, maintaining clear communication with stakeholders, and upholding established financial protocols.

What are the key strategic priorities of MaxCyte Inc. (MXCT) that Douglas Swirsky will focus on during his advisory role after transitioning out of the CFO position?

Douglas Swirsky will focus on advancing MaxCyte Inc.'s strategic priorities such as expanding its technology platform, enhancing partnerships, driving revenue growth, and supporting the commercialization of its innovative cell-based therapies during his advisory role.

**MWN-AI FAQ is based on asking OpenAI questions about MaxCyte Inc. (NASDAQ: MXCT).

MaxCyte Inc.

NASDAQ: MXCT

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Biotechnology & Life Sciences
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