Labcorp promotes Mark Schroeder to President Diagnostics & COO; salary $650K plus equity

LABCORP HOLDINGS INC.

Mark Schroeder appointed EVP, President Diagnostics & COO effective May 1, 2023, as part of planned spin-off of Clinical Development business.
Previously served as EVP, President Diagnostics Laboratory Operations and Global Supply Chain.
Base salary increased to $650,000; receives RSU and PSU awards each valued at $100,000 and stock option award valued at $300,000.
Equity awards granted on May 5, 2023; spin-off previously announced.

item 5.02

Executive movements

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Role change

Mark S. Schroeder

Executive Vice President, President Diagnostics & Chief Operations Officer

LH · LABCORP HOLDINGS INC.

Effective: 2023-05-01
Filed: May 4, 2023, 7:59 PM ET

Mark S. Schroeder, the current Executive Vice President, and President, Diagnostics Laboratory Operations and Global Supply Chain of Labcorp, a named executive officer, has been appointed to the position of Executive Vice President, President Diagnostics & Chief Operations Officer, effective May 1, 2023.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Mark S. Schroeder was appointed as Executive Vice President, President Diagnostics & Chief Operations Officer at LABCORP HOLDINGS INC..

Action: appointed
Role: Executive Vice President, President Diagnostics & Chief Operations Officer

Exact text from the filing

Mark S. Schroeder, the current Executive Vice President, and President, Diagnostics Laboratory Operations and Global Supply Chain of Labcorp, a named executive officer, has been appointed to the position of Executive Vice President, President Diagnostics & Chief Operations Officer, effective May 1, 2023.

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Source: SEC EDGAR

accession 0000920148-23-000031

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