After 10 years on the board of IDEXX Laboratories (NASDAQ:IDXX), including serving on its audit and compensation committees, Brian McKeon has been named IDEXX's new executive vice president and CFO, the company announced today. McKeon's appointment as CFO becomes effective Jan. 1, though he has resigned from the IDEXX board as of Oct. 11, the company said.
McKeon has been CFO of records and storage services provider Iron Mountain since April 2007. Iron Mountain announced his departure from that company last week, saying he would step down Oct. 31 but remain with the company through the end of the year to help with the transition. McKeon was also executive vice president and CFO of Timberland for seven years, from 2000 to 2007, a privately held supplier of outdoor footwear and clothing.
Commenting on the appointment of McKeon, IDEXX Chairman, President and CEO Jonathan Ayers said, "Due to McKeon's 10 years of experience serving as an IDEXX Board member, he has an in-depth knowledge of the Company, which will be a key advantage as he embarks on this important leadership position within the Company."
IDEXX operates in two primary business units, which include IT and diagnostics for the vet market, and water products for livestock and poultry. IDEXX's other business units, products for the dairy marketplace and human medical care diagnostics, are ancillary divisions.
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