Core Insights - Fortrea has appointed Robert "Bobby" Parks as the new Chief Accounting Officer (CAO), effective August 2024, to oversee the company's accounting functions, including financial reporting, risk management, and compliance [4][5][7] - Parks brings over 30 years of experience in public accounting and corporate finance, having held significant roles at Ernst & Young, Quintiles (now IQVIA), Syneos, and SailPoint Technologies [5][6] - The appointment is expected to enhance Fortrea's strategic direction and operational efficiency, as Parks is recognized for his expertise in managing Sarbanes-Oxley Act requirements and internal controls [4][5][6] Company Overview - Fortrea is a leading global contract research organization (CRO) that provides clinical development solutions to the life sciences industry, partnering with biopharmaceutical, biotechnology, medical device, and diagnostic companies [6] - The company offers a range of services including phase I-IV clinical trial management, clinical pharmacology, and consulting, leveraging over three decades of experience across more than 20 therapeutic areas [6] - Fortrea operates in over 90 countries, emphasizing a commitment to healthcare innovation and the acceleration of life-changing therapies for patients [6]
Fortrea Appoints Robert Parks as Chief Accounting Officer