Robert Mittelstaedt Jr., Adam Schechter
Laboratory Corporation of America announced that Robert Mittelstaedt, Jr., lead independent director, will retire from the LabCorp board of directors at the conclusion of his current term on May 9, 2019. Adam Schecter has been elected to serve as lead independent director effective Jan. 2, 2019, so that he and Mittelstaedt can work together on a smooth transition.
Mittelstaedt will retire from the board pursuant to the company's mandatory retirement policy, which provides that directors are not eligible for re-election at regularly scheduled annual shareholder meetings after the age of 75. Mittelstaedt became a director of LabCorp in 1996 and shared board executive sessions beginning in 2006. He has served as lead independent director since 2009. He has also served on various board committees including serving as chair of the nominating and corporate governance committee, chair of the compensation committee and member of the audit committee.