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Kendle Announces Departure of Senior Vice President and CFO Karl 'Buzz' Brenkert III; Appoints Keith A. Cheesman as Successor
Date:4/28/2009

CINCINNATI, April 28 /PRNewswire-FirstCall/ -- Kendle (Nasdaq: KNDL), a leading, global full-service clinical research organization, today announced Karl "Buzz" Brenkert III, Senior Vice President, Chief Financial Officer (CFO) and Secretary, will depart the Company effective May 6, 2009. Brenkert has served as CFO of the Company since January 2003. Succeeding Brenkert as Senior Vice President and CFO is Keith A. Cheesman, Vice President, Accounting and a current member of Kendle's Finance senior management team. As CFO Cheesman will oversee the Company's global financial operations, including Finance, Accounting, Budgeting, Tax, Investor Relations and Financial Planning.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080923/CLTU095LOGO )

"We extend our appreciation to Buzz for his service to Kendle and wish him well," said Candace Kendle, PharmD, Chairman and Chief Executive Officer. She continued, "We are pleased to appoint Keith as CFO and look forward to his expanded role as part of our executive team."

Cheesman brings 28 years of experience in corporate finance and accounting management to the CFO role, including previous experience as Vice President, Finance; Chief Financial Officer; and Treasurer for a publicly traded site management organization. Cheesman has served as a member of Kendle's Finance senior management team from 2000 to 2004 and from January 2008 to present and has provided leadership for nearly all facets of the Company's financial operations. From 2004 to 2008 he broadened his experience by serving as Vice President - Corporate Controller and a member of the senior management team for Ohio Casualty Corporation, a publi
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SOURCE Kendle International Inc.
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