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PAREXEL International Appoints Ingo Bank As Senior Vice President And Chief Financial Officer
Date:6/13/2013

s, was appointed into CFO roles to build and transform the LCD business for Philips in Japan and China, managed mergers and acquisitions, and served as CFO of the global Philips Lamps business. As EVP and CFO of Philips Healthcare, Mr. Bank also was a speaker at analyst events and interacted with investors.  

On his new appointment, Mr. Bank said, "I am excited to join PAREXEL, a leader in the CRO industry.  I join an exceptional management team and look forward to contributing to the Company's profitable growth."

Mr. Bank is a native of Germany, holds a Master's of Business Administration from the University Witten-Herdecke, Germany, and is a Registered Controller from University Amsterdam/Maastricht, The Netherlands. 

"As we welcome Ingo Bank to PAREXEL, I would also like to recognize Jim's commitment to overseeing the worldwide financial management for the Company.  Under his leadership, PAREXEL's market capitalization grew from $225 million to $2.7 billion, service revenue increased from $378 million to $1.7 billion and backlog grew from $385 million to over $4 billion," said Mr. von Rickenbach.  He added, "We thank Jim for his efforts and his continued involvement in the Company."

About PAREXEL International

PAREXEL International Corporation is a leading global bio/pharmaceutical services organization, providing a broad range of knowledge-based contract research, consulting, and medical communications services to the worldwide pharmaceutical, biotechnology and medical device industries. Committed to providing solutions that expedite time-to-market and peak-market penetration, PAREXEL has developed significant expertise across
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SOURCE PAREXEL International Corporation
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