RESEARCH TRIANGLE PARK, N.C. – October 2, 2006 – Quintiles Transnational Corp. today announced that John Ratliff has been appointed as its new Chief Operating Officer, effective immediately. He will be responsible for directing Quintiles’ daily global operations and will report to Chairman and Chief Executive Officer, Dennis Gillings, CBE. Ratliff also has been elected to the Quintiles Transnational Corp. Board of Directors.
Prior to his appointment as COO, Ratliff had been Quintiles Transnational’s Chief Financial Officer, the position he had held since joining the company in 2004. He previously had served as CFO at Acterna. Prior to that he had a 19-year career at IBM, most recently as Vice President for Finance and Planning, PC Company. Ratliff received his bachelor’s degree in industrial and systems engineering from the Georgia Institute of Technology in Atlanta and his master’s degree in business administration from Duke University in Durham, N.C.
“The creation of the chief operating officer role highlights our strong commitment to exceptional service delivery and demonstrates the depth of our internal management strength,” Gillings said. “John has made a significant impact on our operations management as CFO. His commitment to operational improvements, along with his understanding of our company and industry, make John the ideal person for this role.”
While a search is under way for a new CFO, Ratliff’s previous responsibilities will be assumed temporarily by Mike Troullis, Senior Vice President, Worldwide Controller, Quintiles Transnational, reporting to Gillings. Troullis is qualified as a United Kingdom chartered accountant, and has more than 14 years’ service at Quintiles in both Europe and the United States.
Quintiles Transnational is the global leader in pharmaceutical services. We improve healthcare worldwide by providing innovative, quality professional expertise, market intelligence and partnering solutions to meet the dynamic needs of the pharmaceutical, biotechnology and healthcare industries. Quintiles has 16,000 specialized employees and offices in more than 50 countries. For more information visit the company’s Web site at www.quintiles.com.