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Quest Diagnostics Names Steve Rusckowski as President and CEO
Date:4/11/2012

services, I believe there are extraordinary opportunities to grow and build shareholder value. I look forward to working closely with Quest Diagnostics employees, as well as customers, shareholders and business partners."

During Mr. Rusckowski's tenure as CEO of Philips Healthcare, revenues increased from approximately 6 billion Euro in 2005 to approximately 9 billion Euro in 2011, accounting for approximately 39% of Philips consolidated revenues, from 21% when he became CEO. Philips Healthcare has 38,000 employees in more than 100 countries worldwide. Prior to his current role, Mr. Rusckowski was CEO of the Imaging Systems business group within the company.   Before joining Philips he held numerous management positions with the healthcare division of Hewlett-Packard/Agilent Technologies. He joined Philips when it acquired Agilent's Healthcare Solutions Group in 2001.

Mr. Rusckowski earned a Bachelor of Science degree in Mechanical Engineering from Worcester Polytechnic Institute and a Master of Science degree in Management from the Massachusetts Institute of Technology's Sloan School of Management.

Commenting on his appointment as Non-Executive Chairman, Dr. Stanzione said: "I look forward to collaborating with Steve to serve the company and its shareholders in this new role." He added: "Surya's years at Quest Diagnostics have been marked by visionary leadership.  He has put a very strong team in place and firmly established Quest Diagnostics as an industry-leading, patient-focused healthcare company.  We have a solid foundation for future growth.  We are particularly thankful for the uninterrupted dedication and leadership Surya has shown as the Board searched for his successor over the past months.  His efforts ensure a smooth transition to leadership under Steve Rusckowski."

About Quest Diagnostics

Quest Diagnostics is the world's leading provider of diagnostic testing, information and services t
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