Robert Friel became president and chief operating officer of PerkinElmer on Aug. 1 under a succession plan announced by the company last week. Friel is expected to be elected CEO of PerkinElmer in February 2008, succeeding Greg Summe, the current president and CEO of the company.
Friel joined PerkinElmer in 1999 as CFO. Last year he was appointed vice chairman, director, and president of the Life and Analytical Science business. In his new position, Friel will be responsible for PerkinElmer’s Life and Analytical Science division as well as the Optoelectronics business. John Roush will remain president of the Optoelectonics division and report directly to Friel.
The company does not intend to fill the LAS president position, it said in a statement.
Upon Friel becoming CEO, Summe will become executive chairman of the board and remain in that position through the annual shareholders meeting in April 2009.
Summe joined the company in January 1998 as president, COO and director. In January 1999, he became CEO. In April of that year, he was elected chairman.
“The plan is consistent with my desire to transition from the role of chief executive officer in 2008, after leading the company for 10 years,” Summe said in a statement. Friel, he continued, “has demonstrated leadership over the last eight years, and his deep understanding of our products, markets, and organization have earned him the full confidence of the board and our employees.”