Quest Diagnostics Elects Robert B. Carter, CIO of FedEx Corporation, to Board of Directors

Rhea-AI Summary

Quest Diagnostics (NYSE: DGX) announced the election of Robert B. Carter, CIO of FedEx , to its Board of Directors. With this addition, Quest's Board now comprises 10 members. Carter, 64, boasts over 31 years at FedEx, where he oversaw technology direction and infrastructure. He will retire from his roles in June but will stay on as an advisor until December. This strategic move aims to leverage Carter's expertise in technology, cloud, and cybersecurity to drive Quest's growth and IT initiatives. Quest's leadership highlighted the valuable insights Carter brings, acknowledging his extensive public and private board experience.

Positive

• Addition of Robert B. Carter to the Board, enhancing technology strategy.
• Carter's extensive experience at FedEx in technology and cybersecurity.
• Board expansion to 10 members, potentially improving governance and oversight.
• Emphasis on leveraging IT and generative AI for business growth.
• Positive acknowledgment from Quest's leadership on Carter's expertise.

Negative

• Carter will only serve as an advisor at FedEx until December, which may limit his availability.
• The announcement lacks immediate tangible business impacts or financial gains.

SECAUCUS, N.J., May 16, 2024 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), a leading provider of diagnostic information services, today announced that its Board of Directors has elected Robert (Rob) B. Carter, a seasoned technology executive, to serve as a director. Including Mr. Carter, the company's Board has 10 members.

Mr. Carter, 64, is Executive Vice President and Chief Information Officer at FedEx Corporation, where he is responsible for setting the technology direction of the FedEx applications, infrastructure and networks that provide around the clock and around the globe support for FedEx product offerings. In addition, Mr. Carter serves on the Executive Committee and is Co-President and Co-CEO of FedEx Services. After 31 years with FedEx, he will step down from his current roles in June and remain with the company as an advisor until December of this year.

"Rob has had an incredible career in information technology and customer service at FedEx. Technology is a core strategic enabler for Quest, and Rob's vast leadership experience, as well as his expertise in cloud technologies and cybersecurity, will provide us valuable insights as we continue to leverage IT and generative AI to improve and grow our business," said Jim Davis, Chairman, CEO and President of Quest Diagnostics. "I am very pleased to welcome him to our Board."

Timothy M. Ring, Lead Independent Director, added, "Rob's addition to our Board will bring strong technology expertise based on his long career at FedEx. He is an innovator, a collaborator and a leader who has extensive public and private board experience. We are fortunate to have him join our Board."

Mr. Carter serves on the Board of Directors of New York Life and previously served on the Boards of First Horizon Corporation and Saks, Inc. He also serves on the Board of Trustees for the University of Memphis. Mr. Carter earned a bachelor's degree in computer and information science from the University of Florida, and a master's degree from the University of South Florida.

About Quest Diagnostics
Quest Diagnostics works across the healthcare ecosystem to create a healthier world, one life at a time. We provide diagnostic insights from the results of our laboratory testing to empower people, physicians and organizations to take action to improve health outcomes. Derived from one of the world's largest databases of deidentified clinical lab results, Quest's diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve healthcare management. Quest Diagnostics annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our nearly 50,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives and create a healthier world. www.QuestDiagnostics.com.

 

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SOURCE Quest Diagnostics

FAQ

Who has Quest Diagnostics elected to its Board of Directors?

Quest Diagnostics has elected Robert B. Carter, CIO of FedEx , to its Board of Directors.

What is Robert B. Carter's role at FedEx ?

Robert B. Carter is the Executive Vice President and Chief Information Officer at FedEx , responsible for technology direction and infrastructure.

When will Robert B. Carter step down from his roles at FedEx?

Robert B. Carter will step down from his roles at FedEx in June and will remain as an advisor until December.

How many members are on the Quest Diagnostics Board now?

With the addition of Robert B. Carter, the Quest Diagnostics Board now has 10 members.

What expertise does Robert B. Carter bring to Quest Diagnostics?

Robert B. Carter brings expertise in technology, cloud computing, and cybersecurity, as well as extensive public and private board experience.