IDEXX Laboratories Announces Promotion of Dupree and Williams to Corporate Vice President
Westbrook, Maine, November 1, 2006—IDEXX Laboratories, Inc. (NASDAQ: IDXX), announced today the appointments of Thomas J. Dupree and Michael Williams, PhD, to the position of Corporate Vice President.
Thomas J. ("TJ") Dupree assumes the role of Corporate Vice President in recognition of his track record of strategic and operational leadership at IDEXX. He joined IDEXX in March 2003 as Vice President for Business Development and, according to Chairman and CEO Jonathan Ayers, “has been instrumental in the purchase and integration of several strategic business acquisitions and alliances at IDEXX Laboratories, notably the addition of Germany-based Vet Med Labor and the purchase of Switzerland-based Dr. Bommeli AG.”
As leader of the Company's Rapid Assay team, Mr. Dupree spearheaded the acceleration and growth of existing products and oversaw the successful launch of SNAP® 4Dx®, a revolutionary test that screens for three tick-borne diseases, Ehrlichia canis, Lyme disease and Anaplasma phagocytophilum as well as heartworm in dogs.
Mr. Dupree holds an undergraduate degree from Colby College, where he double-majored in Economics and German, and an MBA from the University of Virginia. After receiving his MBA, he worked for seven years at the Boston Consulting Group (BCG), a business strategy consulting firm. Prior to joining IDEXX in 2003, Mr. Dupree spent four years with Bath Iron Works in various management and supervisory capacities.
Michael Williams, PhD, has been named Corporate Vice President in recognition of his leadership and business growth achievements in the IDEXX VetLab® instrument line of business.
Since joining IDEXX in 2003, says Ayers, “Michael has revitalized the growth of the Company's IDEXX VetLab instrument and reagent business through new product introductions and a focus on new customer acquisition. He provided critical insight and leadership in significantly expanding the Company's direct sales organization and ensuring a steady stream of innovations that have added significant value to IDEXX Laboratories' VetLab® Suite of instruments.” Dr. Williams has also developed the Company's leadership team through field sales promotions and new hires, as well as the recruitment of several executives.
Dr. Williams holds a PhD in Biochemistry from the University of Oxford. Prior to joining IDEXX, he worked as a Senior Research Associate at the Scripps Research Institute for several years and then joined McKinsey & Company for seven years as a healthcare strategy consultant.
About IDEXX Laboratories
IDEXX Laboratories, Inc. is a leader in companion animal health, serving practicing veterinarians around the world with innovative, technology-based offerings, including a broad range of diagnostic products and services, practice-management systems and therapeutics. Our products enhance the ability of veterinarians to provide advanced medical care and to build more economically successful practices.
IDEXX is also a worldwide leader in providing diagnostic tests and information for the production animal industry and tests for the quality and safety of water and milk. Headquartered in Westbrook, Maine, IDEXX Laboratories employs more than 3,500 people and offers products to customers in over 100 countries.
Note Regarding Forward-Looking Statements
Contact: Merilee Raines, Chief Financial Officer, 1-207-556-8155
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