TETERBORO, NJ, August 19, 1997 – Quest Diagnostics
Incorporated (NYSE: DGX) has named Kenneth R. Finnegan Vice President and Treasurer. In
his new role, Mr. Finnegan will be responsible for cash and liquidity management,
financial risk management, and banking and rating agency relations. Most recently he was
Assistant Treasurer at General Signal Corporation in Stamford, Connecticut.
"As a newly independent company, l we welcome Mr. Finnegan's wealth of
knowledge and expertise in the area of public company finance management," said
Robert A. Carothers, Vice President and Chief Financial Officer for Quest Diagnostics.
"his leadership will add strength to our team and improve the management of our
balance sheet."
Mr. Finnegan completed a Masters Degree in Business Administration with a dual
concentration in Finance and Management Information Systems at Pace University, White
Plains, NY, and earned a Bachelor of Arts Degree from Siena College in Loudonville, NY. He
lives in Boonton Township, NJ, with his wife, Lynn, and their two children.
Question Diagnostics Incorporated is one of the world's leading provider providers
of diagnostics testing, services an information, with regional laboratories across the
United States. The wide variety of tests performed on human tissue and fluids help doctors
and hospitals diagnose, treat and monitor diseases and disease states. In addition, Quest
Diagnostics' Nichols Institute conducts research, produces test kits and instruments,
and specializes in esoteric testing using genetic screening and other advanced
technologies. Formerly known as Corning Clinical Laboratories Inc., Quest Diagnostics was
spun off to Corning Incorporated stockholders in a tax-free distribution of shares on
December 31, 1996.