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Kendle Announces CEO Succession Plan, Promotes Stephen Cutler, PhD, to President and CEO
Date:2/14/2011

CINCINNATI, Feb. 14, 2011 /PRNewswire/ -- Kendle (Nasdaq: KNDL), a leading, global full-service clinical research organization (CRO), today announced that as part of a planned succession Senior Vice President and COO Stephen Cutler, PhD, will become the Company's next President and CEO. Chairman and CEO Candace Kendle, PharmD, will continue to serve as Chairman. Assuming the role of Senior Vice President and COO from Dr. Cutler will be Jamie Macdonald, who brings 16 years of experience in the CRO industry to Kendle. Dr. Kendle, Dr. Cutler and Mr. Macdonald will assume their new roles May 1.

Also effective May 1, Christopher Bergen will leave his position as Executive Vice President and CAO but will continue to serve on the Company's Board of Directors. The CAO role, held by Mr. Bergen since July 2009 to lead the Company's key global connectivity initiatives, including ERP, will be eliminated as these initiatives are in advanced stages of implementation.

"We would like to thank our leadership team and the many talented associates across the globe with whom we have had the privilege to work in making Kendle the leading CRO it is today," said Dr. Kendle. "With the Company solidly positioned for growth in a strengthening market and an outstanding CEO successor and executive team in place, now is the right time for me to step into the role of a non-executive Chairman."

Commenting on Dr. Cutler's qualifications to assume the President and CEO role, Dr. Kendle continued, "Steve Cutler is ideally suited to lead Kendle moving forward. With more than 20 years of senior management and operations leadership experience in the CRO and biopharmaceutical industries, he has a strong track record of success in building outstanding teams, executing winning strategies and driving operational and service excellence. Since 2009, Steve has been central to Kendle's leadership during a
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SOURCE Kendle International Inc.
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