Paul B. Manning

Mr. Paul B. Manning graduated from the University of Massachusetts with a B.S. in Microbiology. Mr. Manning is the Chairman and CEO of PBM Capital.  

An entrepreneur with 30 years of experience in the healthcare industry, he founded PBM Capital in 2010.  He is involved in all investment decisions and has served on the Board of Directors for many of PBM Capital’s investments including AveXis and currently on that of Dova Pharmaceuticals, Verrica Pharmaceuticals, and PBM Pharmaceuticals.

Mr. Manning has successfully founded several companies that developed and distributed prescription and over the counter products to major chains in the United States.  In 1997, he founded PBM Products, which became the largest private label producer of infant formula and baby/toddler food in the world.  PBM Products was sold to Perrigo in 2010.  He served on Perrigo’s Board of Directors after the sale.

Mr. Manning is an active member of the University of Virginia community, having served on the Board of UVA Strategic Planning Committee, the Board of UVA Health Foundation, and the Board of the President’s Advisory Committee.  Mr. Manning was named Virginia Entrepreneur of the Year by Ernst and Young in 2002.

Mr. Manning was appointed to the Board of Visitors by Governor Youngkin in 2023.