STOCK TITAN

Syneos Health Appoints Two New Independent Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Syneos Health (Nasdaq:SYNH) announced the appointment of two new independent directors to its Board: Barbara W. Bodem and Alfonso G. Zulueta. These appointments enhance the board's composition, bringing financial expertise and extensive industry knowledge. Bodem, former CFO at Hillrom, will serve as a Class I director on the Audit Committee, while Zulueta, with over three decades at Eli Lilly, becomes a Class III director. With this, the board comprises 11 directors, 10 of whom are independent, aimed at strengthening oversight on strategic initiatives.

Positive
  • Appointment of Barbara W. Bodem enhances financial oversight with her extensive CFO experience.
  • Alfonso G. Zulueta brings 30 years of valuable industry experience from Eli Lilly to the board.
Negative
  • None.

MORRISVILLE, N.C., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Syneos Health® (Nasdaq:SYNH), the only fully integrated biopharmaceutical solutions organization, today announced it has appointed two new independent directors, Barbara W. Bodem and Alfonso G. Zulueta, to its Board of Directors.

“We are excited to welcome Barbara and Alfonso to the Syneos Health Board,” said John Dineen, Chair of the Syneos Health Board of Directors. “Barbara’s deep financial expertise combined with Alfonso’s expansive industry knowledge and international experience bring important perspectives to an already strong Board. These two leaders will enhance the composition of our Board and support continued successful oversight of our strategy as we speed our customers’ delivery of important therapies to patients.”

Following the appointment of Ms. Bodem and Mr. Zulueta, the Syneos Health Board is comprised of 11 directors, 10 of whom are independent. Ms. Bodem will serve as a Class I director and will serve on the Company’s Audit Committee and Mr. Zulueta will serve as a Class III director.

Barbara W. Bodem
Ms. Bodem served as the Senior Vice President and Chief Financial Officer at Hillrom, a global medical technology company, from 2018 until its acquisition by Baxter International Inc. in 2021. She previously served as the Senior Vice President of Finance at Mallinckrodt Pharmaceuticals, a pharmaceutical manufacturer, from 2015 to 2018. She has also served in senior finance roles for Hospira, Inc. and Eli Lilly and Company.

Ms. Bodem currently serves on the board of directors of Turning Point Therapeutics, Inc. (Nasdaq: TPTX), a clinical-stage precision oncology company, where she serves as Chair of the Audit Committee and as a member of the Compensation Committee. She received both her Bachelor of Science in Finance and MBA from Indiana University.

Alfonso G. Zulueta
Mr. Zulueta has over three decades of experience in global strategic and leadership roles within large pharma, specifically with Eli Lilly and Company. At Eli Lilly, he held key senior positions including Vice President of Global Marketing, President of Global Oncology and Critical Care Products, and most recently as President of International responsible for all geographies outside the United States and Canada from 2017 until his retirement at the end of 2021. He was a corporate officer and member of Eli Lilly and Company’s executive committee.

Mr. Zulueta currently serves on the board of directors of CTS Corporation (NYSE: CTS), a global manufacturer of sensors, connectivity components, and actuators, where he serves on the Audit Committee; Compensation Committee; and Nominating, Governance, and Sustainability Committee. He also previously served as a member of the board of the European Federation of Pharmaceutical Industries and Associations (EFPIA), and US-Japan Business Council. He received his Bachelor of Arts from De La Salle University in the Philippines, and his MBA from Colgate Darden Graduate School of Business Administration at the University of Virginia.

About Syneos Health
Syneos Health® (Nasdaq:SYNH) is the only fully integrated biopharmaceutical solutions organization purpose-built to accelerate customer success. We lead with a product development mindset, strategically blending clinical development, medical affairs and commercial capabilities to address modern market realities.

We bring together approximately 28,000 minds, across more than 110 countries, with a deep understanding of patient and physician behaviors and market dynamics. Together we share insights, use the latest technologies and apply advanced business practices to speed our customers’ delivery of important therapies to patients.

Syneos Health supports a diverse, equitable and inclusive culture that cares for colleagues, customers, patients, communities and the environment.

To learn more about how we are Shortening the distance from lab to life®, visit syneoshealth.com or subscribe to our podcast.

Investor Relations Contact:Press/Media Contact:
Ronnie SpeightGary Gatyas
Senior Vice President, Investor RelationsExecutive Director, External Communications
+1 919 745 2745+1 908 763 3428
Investor.Relations@syneoshealth.comgary.gatyas@syneoshealth.com


FAQ

Who has been appointed to the Syneos Health board?

Syneos Health appointed Barbara W. Bodem and Alfonso G. Zulueta as independent directors.

What experience do the new directors of Syneos Health have?

Bodem has served as CFO at Hillrom and held senior finance roles at Mallinckrodt, while Zulueta has extensive experience at Eli Lilly in global strategic positions.

How many directors are on the Syneos Health board now?

The Syneos Health board now consists of 11 directors, with 10 being independent.

What roles will the new directors hold on the board?

Barbara W. Bodem will serve as a Class I director on the Audit Committee, and Alfonso G. Zulueta will serve as a Class III director.

What is the significance of these new appointments for Syneos Health?

These appointments are expected to enhance the board's oversight of strategic initiatives and improve financial governance.

Syneos Health, Inc.

NASDAQ:SYNH

SYNH Rankings

SYNH Latest News

SYNH Stock Data

4.46B
103.27M
0.49%
94.75%
6.52%
Diagnostics & Research
Healthcare
Link
United States
Morrisville