19.12.2007 22:00:00
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Applied Biosystems Promotes Mark Stevenson to President and Chief Operating Officer
Applera Corporation today named Mark P. Stevenson president and chief
operating officer of its Applied Biosystems Group (NYSE:ABI) and a
senior vice president of the corporation. Mr. Stevenson has been
executive vice president of Applied Biosystems since July 2007 and has
been with the company since 1998.
"This decision completes the Applied
Biosystems management transition that began more than a year ago,”
said Tony L. White, chairman, president, and CEO of Applera, who has
served as interim president of Applied Biosystems since October 2006. "Mark
is a strong leader and strategic thinker with tremendous knowledge of
Applied Biosystems and the life science tools industry. His experience
in a variety of sales, marketing and general management roles in Europe,
Japan, and the United States and his understanding of the market make
him particularly qualified to manage all day-to-day operations at
Applied Biosystems.”
Mr. Stevenson joined Applied Biosystems Europe in 1998 after previous
positions with other life science companies. He has contributed to the
growth of Applied Biosystems in diverse roles including: vice president
of molecular biology sales in Europe; president and general manager of
Applied Biosystems Japan; founding president of the Applied Markets
Division, and president of the Molecular and Cellular Biology (MCB)
Division. During his tenure as MCB Division President, he achieved
revenue and profit growth from more mature businesses while investing in
new growth engines such as molecular biology consumables and next
generation sequencing. After his appointment in July 2007 to executive
vice president, his responsibilities expanded to include oversight of
Europe, Japan, Global Services, and the Applied Markets business. In his
new role he now adds the Proteomics and Small Molecule (PSM) Division
and the Asia Pacific Region to his portfolio.
"Applied Biosystems has an excellent
reputation of providing our customers with innovative tools, a strong
history of growth and profitability, and a talented and hardworking
group of employees,” said Mr. Stevenson. "Applied
Biosystems has exciting times ahead as we pursue multiple growth vectors
across technologies, applications, and geographies and improvements in
the operational performance of the business.” About Applera Corporation and Applied Biosystems
Applera Corporation consists of two operating groups. Applied Biosystems
serves the life science industry and research community by developing
and marketing instrument-based systems, consumables, software, and
services. Customers use these tools to analyze nucleic acids (DNA and
RNA), small molecules, and proteins to make scientific discoveries and
develop new pharmaceuticals. Applied Biosystems’
products also serve the needs of some markets outside of life science
research, which we refer to as "applied
markets,” such as the fields of: human
identity testing (forensic and paternity testing); biosecurity, which
refers to products needed in response to the threat of biological
terrorism and other malicious, accidental, and natural biological
dangers; and quality and safety testing, such as testing required for
food and pharmaceutical manufacturing. Applied Biosystems is
headquartered in Foster City, CA, and reported sales of approximately
$2.1 billion during fiscal 2007. Celera is a diagnostics business
delivering personalized disease management solutions through a
combination of tests and services based on proprietary genetics
discovery platforms. The business is developing diagnostic products that
predict disease risk and optimize therapy selection and patient
outcomes, based on the discovery and validation of novel markers in
complex diseases such as cardiovascular disease, breast cancer, and
liver and autoimmune diseases. Celera also maintains a strategic
alliance with Abbott for the development and commercialization of some
of its molecular diagnostic products. Information about Applera
Corporation, including reports and other information filed by the
company with the Securities and Exchange Commission, is available at http://www.applera.com,
or by telephoning 800.762.6923. Information about Applied Biosystems is
available at http://www.appliedbiosystems.com.
All information in this press release is as of the date of the release,
and Applera does not undertake any duty to update this information
unless required by law.
©Copyright 2007. Applera Corporation. All
Rights Reserved. AB (Design), Applied Biosystems, Applera, and Celera
are registered trademarks of Applera Corporation or its subsidiaries in
the U.S. and/or certain other countries.
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