David King, president and CEO of LabCorp (NYSE: [[ticker:LH]]) since 2007, is retiring. The Burlington, NC-based diagnostics and laboratory testing company said that after King retires on Oct. 31, he will become executive director of the company’s board of directors. LabCorp’s current lead independent director, Adam Schechter, will succeed King as president and CEO on Nov. 1. Schechter is a former Merck (NYSE: [[ticker:MRK]]) executive vice president and president of global human health.
Author: Frank Vinluan
Xconomy Editor Frank Vinluan is a business journalist with experience covering technology and life sciences. Based in Raleigh, he was a staff writer at the Triangle Business Journal covering technology, biotechnology and energy before joining MedCityNews.com as North Carolina bureau chief. Prior to moving to North Carolina’s Research Triangle in 2007 he held business reporting positions at The Des Moines Register and The Seattle Times.
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