MADISON, N.J., April 11, 2012 /PRNewswire/ -- Quest Diagnostics Incorporated (NYSE: DGX) today announced that Stephen H. Rusckowski will succeed Surya N. Mohapatra, Ph.D. as President and Chief Executive Officer, effective May 1, 2012. Dr. Mohapatra will remain in his role through April 30 to ensure a smooth leadership transition. Mr. Rusckowski will also become a member of the Board of Directors.
The company also announced that Daniel C. Stanzione, Ph.D., currently Lead Independent Director, will become Non-Executive Chairman of the Board, effective May 1, 2012.
Mr. Rusckowski, 54, is currently Chief Executive Officer of Philips Healthcare, the largest unit of Royal Philips Electronics, a position he has held since 2006. He has also been a member of the Board of Management of Royal Philips Electronics and its Executive Committee.
"Steve Rusckowski is uniquely qualified to be Chief Executive Officer of Quest Diagnostics," said Dr. Stanzione. "He has built an enviable track record in healthcare by successfully driving growth, both organically and through disciplined, effective acquisitions. His emphasis on operational excellence has enabled him to deliver consistently impressive results. Steve is a keen conceptual thinker, and his experience and his knowledge of the issues facing the industry make him the ideal leader to capitalize fully on the opportunities that lie ahead in a dynamic healthcare environment. We look forward to Quest Diagnostics' next chapter of success under Steve's leadership."
"Quest Diagnostics is a world leader, and I am delighted to join such a dynamic, innovative company," said Mr. Rusckowski. "Given the company's strong position in diagnostic testing, information and
|SOURCE Quest Diagnostics Incorporated|
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