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Parexel Announces Updates to Board of Directors
DURHAM, N.C., June 23, 2023 (GLOBE NEWSWIRE) -- Parexel, one of the world’s largest clinical research organizations (CROs) providing the full range of Phase I to IV clinical development services, today announced the appointments of Michael Bruun, Partner, Global co-Head of Private Equity, Goldman Sachs Asset Management, and John Groetelaars, Non-Executive Director and former Interim CEO of Dentsply Sirona and former President & CEO at Hillrom, to its Board of Directors. The appointments of Mr. Bruun and Mr. Groetelaars are effective June 23, 2023. Mr. Bruun succeeds Jo Natauri, Partner and Global Head of Healthcare Investing in the Asset Management Division of Goldman Sachs, who will be focusing on entrepreneurial pursuits following a successful 25-year career, 17 of which were with Goldman Sachs. "It’s been a pleasure to work with EQT and the Parexel executive team in advancing their strategy to deliver life-changing therapies for patients across Phase I-IV clinical development,” said Jo Natauri. "I look forward to the company’s continued growth and success in delivering clinical excellence for biopharmaceutical customers globally.” “Jo has been an extremely valuable member of the Parexel Board, contributing her deep experience and thoughtful insights in the life sciences industry to advance Parexel’s growth,” said Parexel CEO Jamie Macdonald. “On behalf of the company and our Board of Directors, we wish her all the best in her future endeavors.” Mr. Macdonald continued, “It’s an exciting time for Parexel as we work to strengthen our market position, drive growth and deliver enhanced value for our employees, patients, sites and customers. We have a tremendous opportunity to innovate and advance the accessibility and conduct of clinical trials for the benefit of patients across the globe. I look forward to working alongside Michael, John and the entire Parexel Board and leadership team to advance these priorities and deliver on our strategic roadmap.” Sheri McCoy, Chairperson of the Board, added, “We are delighted to welcome Michael and John to the Parexel Board. Their deep knowledge and understanding of the global financial and healthcare landscape will be a great asset to the Board in guiding the next phase of Parexel’s growth.” Michael Bruun joined Goldman Sachs in 2004 and is based in London. He holds a bachelor's degree in economics from the University of Copenhagen and a master's degree in economics from the University of Copenhagen with studies at Cornell University. Mr. Bruun serves on the Boards of Directors at Advania, GS Wyvern, LRQA, Norgine and Northvolt. John Groetelaars brings more than 30 years of global leadership experience across a broad range of medical device sectors. Most recently he was interim CEO for Dentsply Sirona (Nasdaq: XRAY), having previously served in a director role for the company. Prior to Dentsply Sirona, Mr. Groetelaars was President & CEO at Hillrom from May 2018 until the company’s acquisition by Baxter International, Inc. in 2021. He earned his bachelor’s degree in Mechanical Engineering from Kettering University in Michigan and an MBA from Columbia University in New York. In addition to Mr. Bruun and Mr. Groetelaars, Parexel’s Board of Directors includes:
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