Michael Retterath joins L.E.K. Consulting as Managing Director in Healthcare and Life Sciences Performance Improvement practice. BOSTON, MA (March 5, 2026) - L.E.K. Consulting, a global strategy consulting firm, today announced that Michael Retterath has joined the firm as a Managing Director in its Healthcare and Life Sciences Performance Improvement practice. Based in New York, Retterath brings more than 25 years of experience as a senior executive and strategy consultant to biopharma, medtech and healthcare services companies in both the US and Europe. He has led enterprise transformations spanning portfolio strategy, capability building, operating model redesign, performance improvement programs and post-merger integration. Retterath joins L.E.K. from Spark Therapeutics (a member of the Roche Group), where he served as Chief Business Officer and Chief Financial Officer. In these roles, he led enterprise strategy, finance, business development and IT, and oversaw a multi-year portfolio review and a comprehensive organizational transformation to support the company's next phase of growth and align with Roche's strategic priorities. He also led a major cost initiative that delivered more than $200 million in operating expense savings and played a central role in the Spark-Roche integration. "Michael Retterath's experience sits at the intersection of strategy and execution," said Manny Picciola, Managing Director and Head of the Americas region. "He has not only advised organizations on transformations - he has led them from the inside. His ability to translate strategic ambition into effective organizational design and sustainable cost structures will be tremendously valuable to our clients." Prior to Spark, Retterath was a partner at a top global consulting firm, where he advised biopharma and pharma services clients on portfolio and commercial strategy, organizational transformations and post-merger integrations. Earlier in his career, Retterath held senior executive roles in Europe at Sanofi and Boehringer Mannheim (now Roche), leading R&D and marketing teams and overseeing strategy and business development initiatives in their diagnostics and life sciences businesses. "Healthcare organizations are navigating the need to manage increasing complex science, including the role of AI, while also working in a world of greater capital constraints and operational pressure," said Retterath. "I am excited to join L.E.K. because I believe the firm's market-leading healthcare expertise coupled with its reputation for strategic rigor will position it well to meet these challenges. Our expanded team can help clients not only define winning strategies but build the capabilities and organizations needed to execute them successfully." Retterath holds an MBA from INSEAD and a Master of Science in Molecular Biology and Bachelor of Science in Biochemistry from the University of Waterloo. He is fluent in French and German and has worked extensively across North America and Europe. About L.E.K. Consulting. L.E.K. Consulting is L.E.K. Consulting, a global strategy consultancy working with business leaders to seize competitive advantage and amplify growth. Its insights are catalysts that reshape the trajectory of its clients' businesses, uncovering opportunities and empowering them to master their moments of truth. Since 1983, its worldwide practice - spanning the Americas, Europe, the Middle East and Asia-Pacific - has guided leaders across all industries, from global corporations to emerging entrepreneurial businesses and private equity investors. Looking for more? Visit www.lek.com.

L.E.K. Consulting adds senior executive Christian Boettcher as Partner in Life Sciences practice. Bolsters Depth and Strength of L.E.K.'s Japan and Asia-Pacific Strategy Capabilities TOKYO - February 20, 2026 - Global strategy consulting firm L.E.K. announces that Christian Boettcher, a multicultural management consulting veteran, has joined the firm as a Partner in its Life Sciences practice. Based in Tokyo, Christian is a strategic addition to L.E.K.'s growing presence in Japan and the Asia-Pacific region and brings global perspective to advising life sciences and healthcare organizations worldwide on strategy, market entry and transformation. Christian joins L.E.K. with more than 30 years of consulting and leadership experience at several top global consulting firms, including his most recent role as APAC life sciences and healthcare leader. His deep understanding of the Japan and APAC landscape, as well as his perspective from having lived and worked across Asia Pacific, Europe and North America, further strengthens L.E.K.'s capabilities in one of the world's most dynamic life sciences markets. "We are delighted to welcome Christian to L.E.K.," said Stephen Sunderland, Partner and Head of the firm's Asia-Pacific practice. "His deep life sciences expertise, strong relationships with senior executives in Japan and globally, and proven track record of driving impact for global clients will significantly enhance our Life Sciences practice and expand our strategic capabilities in this key region." Christian's expertise spans many areas, with a particular focus on advising pharmaceutical firms, medical device firms, healthcare providers, payers and government entities on corporate strategy, large transformation, M&A and operational efficiency. Christian has led many major multinational client engagements and built and scaled high-performing consulting teams across APAC. "I am delighted to join L.E.K., a leader in top-tier strategy consulting," said Boettcher. "I look forward to helping advance the firm's commitment to Japan and to strengthening our position as the market's leading strategic advisor to the healthcare and life sciences sector." Christian holds an MBA in International Business from ESCP Business School and a bachelor's degree in business administration from Pepperdine University. He is fluent in English, German and Japanese. About L.E.K. L.E.K. Consulting is a global strategy consultancy working with business leaders to seize competitive advantage and amplify growth. Its insights are catalysts that reshape the trajectory of its clients' businesses, uncovering opportunities and empowering them to master their moments of truth. Since 1983, its worldwide practice - spanning the Americas, Europe, the Middle East and Asia Pacific - has guided leaders across all industries, from global corporations to emerging entrepreneurial businesses and private equity investors. Its Asia-Pacific Healthcare Practice is one of the region's premier strategy consultancies serving the life sciences, MedTech and healthcare services sectors. With more than 25 years of experience in Asia, the practice includes nearly a dozen partners and 100 consulting professionals in Tokyo, Shanghai and Singapore who deliver world-class strategy and operations advisory focused on growth and value creation. In Japan, L.E.K. advises many of the country's leading corporations and financial sponsors across healthcare, life sciences and financial services on critical decisions related to growth, transactions and value creation. Based in Tokyo, the Japan practice is led by five partners and supported by a team of 35 diverse and multilingual professionals.

Walz appoints Lawrence as MAC board chair. Minnesota Governor Tim Walz has appointed James Lawrence as chair of the Metropolitan Airports Commission (MAC) board, which operates Minneapolis-St. Paul International Airport (MSP) as well as six reliever Twin Cities airports. Lawrence, who previously served as the vice-chair of the board, replaces chair Rick King, who retired in November, and Patti Gartland, who has served as acting chair since King's retirement. Outside of his work with the MAC, Lawrence serves as the chair of a Minneapolis-based private investment firm and previously worked as executive director and chief financial officer of Unilever; chief financial officer at General Mills; executive vice president and chief financial officer of Northwest Airlines; CEO of Pepsi-Cola Asia, Middle East and Africa; and as co-founder of global consultancy firm LEK Partnership. Lawrence has also served on the boards of IAG (International Consolidated Airlines Group), Continental Airlines, TWA, Mesaba and British Airways. "I am honored by Gov. Walz's appointment and proud to serve the state of Minnesota in this role, with great appreciation for former chair King, acting chair Gartland and my fellow commissioners for their service and dedication to the MAC," said Lawrence. "I'm looking forward to working with a tremendous commission staff that operates one of the largest airports systems in the country. That includes MSP airport, which has earned the highest honors in the industry and provides global travel and business connections that greatly benefit Minnesota." "We congratulate James Lawrence on his elevation to MAC board chair," added MAC CEO Brian Ryks. "The MAC's airports facilitate travel for millions of people annually and deeply support regional business partners and other stakeholders. Commissioner Lawrence's proven leadership will help guide the positive impact our airports have on Minnesotans and our state's economy."