William Sharbaugh Joins Fortrea's Board to Drive Growth

Fortrea Welcomes William Sharbaugh to Board of Directors

Fortrea, a leading global contract research organization (CRO), has announced an exciting addition to its Board of Directors with the appointment of William Sharbaugh. With a robust background in the pharmaceutical industry, Mr. Sharbaugh aims to contribute greatly to the company's mission of advancing healthcare solutions.

Bill Sharbaugh's Background and Experience

William Sharbaugh is renowned for his extensive experience in finance, operations, and quality management within the healthcare sector. Over his impressive 30-year career, he has held executive and board positions in various pharmaceutical companies, which will bring invaluable insights to Fortrea. His leadership experience aligns perfectly with the strategic goals of Fortrea, enhancing their ability to deliver high-quality drug development.

CEO Anshul Thakral on Sharbaugh's Appointment

Anshul Thakral, CEO of Fortrea, expressed his enthusiasm about Mr. Sharbaugh's appointment, stating, "I’m delighted to welcome Bill to the Fortrea Board, bringing an impressive background in CRO and pharmaceutical operations. His expertise and dedication will significantly enhance our strategic initiatives. Bill’s proven track record is a testament to his commitment to delivering life-saving treatments swiftly and efficiently."

Sharbaugh's Objectives at Fortrea

Mr. Sharbaugh articulated his eagerness to join the Board, emphasizing a primary goal of fostering strong relationships and creating value for all stakeholders involved. He stated, "I’m looking forward to partnering with Anshul, the Board, and the Fortrea team to propel our initiatives forward as a trusted partner for clients." His pragmatic insights draw from his extensive experiences across multiple facets of the industry.

About William Sharbaugh's Previous Roles

Before joining Fortrea, Sharbaugh held significant roles in various organizations, including chairman of the board at Ora LLC and board member at Launch Therapeutics, Inc. His tenure at Vistria Group as an operating partner further solidified his understanding of the contract drug manufacturing landscape. Sharbaugh previously served as COO of PPD, Inc. and in executive roles at Bristol-Myers Squibb and Merck & Co. His diverse experiences equip him to tackle challenges and spearhead innovative solutions at Fortrea.

The Vision of Fortrea

Fortrea (Nasdaq: FTRE) stands as a leader in clinical development solutions within the life sciences sector. The company works in partnership with biopharmaceutical, biotechnology, medical device, and diagnostic companies to drive innovation in healthcare. By leveraging three decades of expertise, Fortrea engages in clinical trial management and provides consulting services across 20 therapeutic areas.

Fortrea's Commitment to Innovation

The company's commitment to scientific rigor and a strong global investigator site network enhances its capability to deliver focused solutions. Fortrea's talented workforce spans roughly 100 countries, enabling agile responses to the evolving needs of clients. As they continue to push the boundaries of research and patient care, Fortrea remains dedicated to making a transformative impact from inception to patient treatment.

Frequently Asked Questions

What prompted Fortrea to appoint William Sharbaugh?

Fortrea recognized Sharbaugh's extensive experience in healthcare leadership and his ability to contribute to the company’s growth and strategic initiatives.

What are some of Sharbaugh's previous roles?

Sharbaugh has served in various significant positions, including chairman of Ora LLC, COO of PPD, Inc., and executive roles at Brisol-Myers Squibb and Merck & Co.

How will Sharbaugh's experience benefit Fortrea?

His vast experience in operations and management will provide valuable insights as Fortrea continues to enhance its service offerings and client partnerships.

What is Fortrea's main objective in clinical development?

Fortrea aims to drive healthcare innovation by accelerating the delivery of life-changing therapies to patients through collaboration with biopharmaceutical companies.

How does Fortrea plan to utilize its global network?

Fortrea leverages its global network of diverse talent and strong investigator sites to provide agile and effective solutions to its clients.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

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