Press Release Details

Quest Diagnostics Appoints Treasurer


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.