A New Leader for Quest

Stephen Rusckowski will be the new Quest Diagnostics CEO and president, reports The Wall Street Journal. This, the Journal notes, ends a six-month search for current CEO Surya Mohapatra's successor. Rusckowski has served as CEO of Philips Healthcare, which is part of Royal Philips. Under Rusckowski, Philips Healthcare's revenue increased by $11.8 billion, the Journal adds. Art Henderson, a healthcare analyst at Jefferies & Co. tells the Journal that Rusckowski "is obviously somebody who was pretty instrumental in the growth at Philips." Additionally, Daniel Stanzione will be Quest's new non-executive chairman.