LabCorp announces Richelle Parham to its Board of Directors as upcoming Member

– USA, NC – Laboratory Corporation of America Holdings (LabCorp) (NYSE:LH) today announced that Richelle Parham has been appointed to its Board of Directors, effective February 8, 2016.

“We are delighted that Richelle has accepted our invitation to join the LabCorp Board of Directors,” said David P. King, chairman and chief executive officer. “Richelle’s experience leading global branding and marketing, as well as her expertise in understanding consumers and the consumer decision journey are added perspectives for LabCorp’s Board. We look forward to her contributions as we continue to build on LabCorp’s outstanding performance in 2015 and execute on our strategy to improve health and improve lives.”

Ms. Parham has more than 20 years of experience at such companies as eBay, Visa, Digitas and Citibank, leading end-to-end marketing efforts including brand, performance and loyalty marketing. Ms. Parham was most recently the Chief Marketing Officer of eBay, and prior to that she served in senior marketing roles with Visa Inc. and Digitas, Inc., a world leading marketing agency. Ms. Parham was named to the Forbes 2014 “50 Most Influential CMOs in the World” and Fast Company’s “Most Creative People in Business 1000.” Ms. Parham is a member of the Board of Directors of Scripps Network Interactive Inc., and a member of the Drexel University Board of Trustees. She holds double Bachelor of Science degrees in Business Administration and Design Arts from Drexel University.

About LabCorp

Laboratory Corporation of America Holdings, an S&P 500 company, is the world’s leading healthcare diagnostics company, providing comprehensive clinical laboratory services through LabCorp Diagnostics, and end-to-end drug development support through Covance Drug Development. LabCorp is a pioneer in commercializing new diagnostic technologies and is improving people’s health by delivering the combination of world-class diagnostics, drug development and knowledge services. With combined revenue pro forma for the acquisition of Covance in excess of $8.5 billion in 2014 and more than 48,000 employees in over 60 countries, LabCorp offers innovative solutions to healthcare stakeholders. LabCorp clients include physicians, patients and consumers, biopharmaceutical companies, government agencies, managed care organizations, hospitals, and clinical labs.

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