RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--
Quintiles announced that Kevin Gordon, currently serving as Executive
Vice President, Operations and Chief Financial Officer (CFO), has been
promoted to Chief Operating Officer (COO) and that Michael McDonnell is
expected to join Quintiles in December 2015 as Executive Vice President,
Chief Financial Officer (CFO). Mr. Gordon will continue to serve as
Quintiles CFO until Mr. McDonnell joins the company.
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Kevin Gordon has been promoted to Quintiles Chief Operating Officer (COO). (Photo: Business Wire)
“Kevin’s new role is recognition of the major contribution he has made
to the company,” said Chief Executive Officer Tom Pike. “With Kevin as
Chief Operating Officer, we are formalizing many of his activities with
customers, our executives and employees. Over the past years, Kevin has
increased his operational influence and is already managing a
substantive amount of our business in addition to his financial
leadership of the company. This new role will enable Kevin to spend more
time with customers and across the operations of our business.
“I am also very excited about Mike joining our leadership team. With a
solid public company finance foundation, Mike has demonstrated financial
and accounting expertise and business acumen in leading companies in
complex, dynamic industries. His experience strengthens and deepens our
management team. Between these two talented executives, we expect to
have a smooth transition.”
Mr. Gordon continues a track record of success and value creation since
joining Quintiles in 2010. Under his financial leadership since 2010,
Quintiles has delivered an eight percent compound annual growth rate in
net revenue and 14 percent growth in Adjusted EBITDA. At the same time,
he has led the capital strategy for the Company, including its 2013
initial public offering as well as the recapitalization of its debt
which provided an overall lower cost structure.
Mr. Gordon said: “Quintiles is a great company which undertakes
important work for a diverse portfolio of customers across biopharma and
healthcare. I greatly appreciate this recognition and opportunity, and I
look forward to partnering with Tom, Mike and the executive team to
drive value for our key stakeholders: customers, investors, employees
and ultimately patients around the world.”
Mr. McDonnell joins Quintiles from Intelsat, where he has served as CFO
since 2008. Previously, McDonnell held CFO positions at MCG Capital
Corporation, a publicly held commercial finance company, and EchoStar
Communications, formerly known as DISH Network Corporation. Earlier in
his career, he was a partner at PricewaterhouseCoopers, LLP. McDonnell
also served as a member of the board of directors of Catalyst Health
Solutions, Inc., a publicly held pharmacy benefits management company.
He earned a Bachelor of Science Degree in Accounting from Georgetown
University and is a certified public accountant.
McDonnell said: “I’m looking forward to joining Quintiles and working
with its talented leadership team and finance professionals. I’m excited
to get started on enabling the company’s continued growth and
opportunity.”
About Quintiles
Quintiles (NYSE: Q) helps biopharma and other healthcare companies
improve their probability of success by connecting insights from our
deep scientific, therapeutic and analytics expertise with superior
delivery for better outcomes. From advisory through operations,
Quintiles is the world’s largest provider of product development and
integrated healthcare services, including commercial and observational
solutions. Conducting operations in approximately 100 countries,
Quintiles is a member of the FORTUNE 500 and has been named to FORTUNE’s
list of the “World’s Most Admired Companies.” To learn more, visit www.quintiles.com.
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Source: Quintiles