Quest Diagnostics Names Murali Balakumar Senior Vice President and Chief Information and Digital Officer

Rhea-AI Summary

Quest Diagnostics has appointed Murali Balakumar as the Senior Vice President and Chief Information and Digital Officer, bringing 25 years of experience in technology strategy across healthcare, financial services, and transportation industries. As a digital transformation leader, Mr. Balakumar will oversee information technology, data informatics, and digital solutions for the company.

Positive

• Murali Balakumar's extensive experience in healthcare, financial services, and transportation industries brings valuable expertise to Quest Diagnostics.

• His role as Senior Vice President and Chief Information and Digital Officer will lead the company's digital transformation and technology strategy.

• Mr. Balakumar's track record of leading high-performance global teams and delivering complex technology solutions enhances Quest Diagnostics' capabilities.

Negative

• None.

SECAUCUS, N.J., May 6, 2024 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), a leading provider of diagnostic information services, announced today that Murali Balakumar, a veteran information technology healthcare business leader, has been named Senior Vice President and Chief Information and Digital Officer (CIDO).

Mr. Balakumar, based at the company's headquarters in Secaucus, N.J., is responsible for leading information technology, data informatics and digital solutions for Quest Diagnostics.

"Murali is a digital transformation leader with 25 years of experience designing and implementing technology strategy in the healthcare, financial services and transportation industries," said Mr. Davis. "He brings deep expertise in leading high-performance global teams and steering the design and delivery of large-scale, complex technology solutions. I'm pleased to welcome Murali to the Quest team."

Prior to joining Quest, Murali was Chief Information Officer at Oak Street Health, which was acquired by CVS Health in 2023. Prior to Oak Street, Murali was Chief Information Officer for Card Services at Fiserv and has also held IT leadership roles at JPMorgan Chase Bank and General Electric.

Mr. Balakumar earned a bachelor's degree in engineering from the Indian Institute of Technology in Chennai, India; a master's in engineering from the University of Texas; and an MBA from the University of Chicago.

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 been named Senior Vice President and Chief Information and Digital Officer at Quest Diagnostics?

Murali Balakumar.

Where is Murali Balakumar based?

Murali Balakumar is based at the company's headquarters in Secaucus, N.J.

What is the stock symbol for Quest Diagnostics?

The stock symbol for Quest Diagnostics is DGX.

What is Murali Balakumar's background?

Murali Balakumar has a bachelor's degree in engineering from the Indian Institute of Technology, a master's in engineering from the University of Texas, and an MBA from the University of Chicago.