Fortrea names Robert Parks Chief Accounting Officer.

TLDR:

• Fortrea has appointed Robert Parks as Chief Accounting Officer.
• Parks brings three decades of experience to the role, having previously worked in CROs and other fast-paced environments.

Key Elements:

Fortrea, a global contract research organization, has named Robert “Bobby” Parks as their new Chief Accounting Officer. Parks will be responsible for overseeing Fortrea’s accounting function, including financial reporting, risk management, controls, and compliance with applicable standards and regulations.

Parks has an extensive background in the industry, with experience at various companies in the field of CROs and other regulated industries. He has previously held roles at companies like Quintiles, Syneos, and SailPoint Technologies Holdings, where he served as CAO.

Parks, a certified public accountant, will be joining Fortrea in August and will report to CFO Jill McConnell. He will also serve on the company’s Finance Leadership Team. Parks replaces Amanda Warren in this role, who will transition to advising the CFO until November.

Fortrea, listed on Nasdaq under the symbol FTRE, is a major player in clinical development solutions for the life sciences industry. The company partners with biopharmaceutical, biotechnology, medical device, and diagnostic companies to drive healthcare innovation and deliver life-changing therapies to patients.

Overall, the appointment of Robert Parks as CAO at Fortrea highlights the company’s commitment to financial oversight and compliance as they continue to grow and innovate in the field of clinical development solutions.