– USA, NC – Fortrea Holdings Inc (Nasdaq: FTRE), a leading global contract research organization, announced the appointment of Erin Russell to its Board as a new independent Director effective immediately before the next regularly scheduled meeting of the Board.
“We are pleased to have reached a constructive agreement with Starboard, and we appreciate its ongoing engagement and helpful input,” said Tom Pike, chairman and CEO. “We believe this agreement is in the best interests of Fortrea and all our stakeholders. Erin brings valuable experience to the Board, and we look forward to working with her.”
About Erin L. Russell
Erin Russell brings extensive experience in finance and healthcare to the position, having served in executive and board roles. She was recently appointed to serve on the board of Modivcare (Nasdaq: MODV) and also serves on the boards of eHealth, Inc. (Nasdaq: EHTH) and Kadant Inc. (NYSE: KAI). Her previous board experience in the healthcare sector includes Tivity Health Inc. (formerly traded on Nasdaq: TVTY), DeVilbiss Healthcare LLC, DynaVox Inc., and 21st Century Oncology Inc. She spent 16 years as a principal of Vestar Capital Partners, L.P., a leading private equity firm.
Erin Russell holds a bachelor’s degree in accounting from McIntire School of Commerce at the University of Virginia and a Master of Business Administration from Harvard Business School.
About Fortrea
Fortrea is a leading global provider of clinical development solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, biotechnology, medical device,e, and diagnostic companies to drive healthcare innovation that accelerates life-changing therapies to patients. Fortrea provides phase I-IV clinical trial management, clinical pharmacology, and consulting services. Fortrea’s solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights, and a strong investigator site network. Our talented and diverse team working in about 100 countries is scaled to deliver focused and agile solutions to customers globally.
For more: https://www.fortrea.com/
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