PerkinElmer Announces Future Retirement of Andy Wilson, Chief Financial Officer
September 15 2017 - 4:15PM
Business Wire
PerkinElmer, Inc. (NYSE: PKI), a global leader committed to
innovating for a healthier world, today announced the upcoming
retirement of Andy Wilson (age 59), senior vice president and chief
financial officer (CFO). To provide appropriate time to identify a
successor CFO and ensure a smooth integration, Mr. Wilson – who has
held his position since joining PerkinElmer in 2009 – will retire
in August 2018.
“The opportunity to serve in this role at PerkinElmer has been a
tremendous experience, and I am committed to playing an active role
in helping transition to our next CFO," Mr. Wilson said. "I have
been fortunate to work with a talented and dedicated team while
helping lead the organization during such a transformative time for
PerkinElmer."
"I am grateful to Andy for his significant contributions to
PerkinElmer over the years," said Robert F. Friel, PerkinElmer’s
President and CEO. "The progress we have made in refining our
portfolio and improving our financial returns during Andy’s tenure
has helped to position the Company for accelerated growth and
long-term success."
The Company has engaged an executive recruiting firm to assist
in an external search to fill the CFO position.
About PerkinElmer
PerkinElmer, Inc. is a global leader committed to innovating for
a healthier world. Our dedicated team of 9,000 employees worldwide
is passionate about providing customers with an unmatched
experience as they help solve critical issues especially impacting
the diagnostics, discovery and analytical solutions markets. Our
innovative detection, imaging, informatics and service
capabilities, combined with deep market knowledge and expertise,
help customers gain earlier and more accurate insights to improve
lives and the world around us. The Company reported revenue of
approximately $2.1 billion in 2016, serves customers in more than
150 countries, and is a component of the S&P 500 Index.
Additional information is available through 1-877-PKI-NYSE, or at
www.perkinelmer.com.
Factors Affecting Future Performance
This press release contains "forward-looking" statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including, but not limited to, statements relating to
estimates and projections of future earnings per share, cash flow
and revenue growth and other financial results, developments
relating to our customers and end-markets, and plans concerning
business development opportunities and divestitures. Words such as
"believes," "intends," "anticipates," "plans," "expects,"
"projects," "forecasts," "will" and similar expressions, and
references to guidance, are intended to identify forward-looking
statements. Such statements are based on management's current
assumptions and expectations and no assurances can be given that
our assumptions or expectations will prove to be correct. A number
of important risk factors could cause actual results to differ
materially from the results described, implied or projected in any
forward-looking statements. These factors include, without
limitation: (1) markets into which we sell our products declining
or not growing as anticipated; (2) fluctuations in the global
economic and political environments; (3) our failure to introduce
new products in a timely manner; (4) our ability to execute
acquisitions and license technologies, or to successfully integrate
acquired businesses and licensed technologies into our existing
business or to make them profitable, or successfully divest
businesses; (5) our failure to adequately protect our intellectual
property; (6) the loss of any of our licenses or licensed rights;
(7) our ability to compete effectively; (8) fluctuation in our
quarterly operating results and our ability to adjust our
operations to address unexpected changes; (9) significant
disruption in third-party package delivery and import/export
services or significant increases in prices for those services;
(10) disruptions in the supply of raw materials and supplies; (11)
the manufacture and sale of products exposing us to product
liability claims; (12) our failure to maintain compliance with
applicable government regulations; (13) regulatory changes; (14)
our failure to comply with healthcare industry regulations; (15)
economic, political and other risks associated with foreign
operations; (16) our ability to retain key personnel; (17)
significant disruption in our information technology systems; (18)
our ability to obtain future financing; (19) restrictions in our
credit agreements; (20) the approval of the Brexit Referendum in
the United Kingdom; (21) our ability to realize the full value of
our intangible assets; (22) significant fluctuations in our stock
price; (23) reduction or elimination of dividends on our common
stock; and (24) other factors which we describe under the caption
"Risk Factors" in our most recent quarterly report on Form 10-Q and
in our other filings with the Securities and Exchange Commission.
We disclaim any intention or obligation to update any
forward-looking statements as a result of developments occurring
after the date of this press release.
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version on businesswire.com: http://www.businesswire.com/news/home/20170915005805/en/
PerkinElmer, Inc.Brian Willinsky,
+1-781-663-5728brian.willinsky@perkinelmer.com
PerkinElmer (NYSE:PKI)
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