Citing Record Fiscal Year-end and First Quarter Results PDI promotes Charles T. Saldarini and Steven K. Budd.Business Editors UPPER SADDLE RIVER Saddle River may refer to:
PDI PDI Protein Disulfide Isomerase PDI Personal Docente e Investigador (Spanish: Personal Educational and Investigating) PDI Pre Delivery Inspection PDI Professional Development Institute announced today the promotion of Charles T. Saldarini and Steven K. Budd. Mr. Saldarini, formerly President and Chief Executive Officer, was appointed Vice-Chairman of the Board of Directors. In addition, he will retain his position as Chief Executive Officer. Mr. Budd, formerly Executive Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , was named to succeed Mr. Saldarini as President of PDI. In his expanded role, he will focus on managing PDI's US Sales Force Services business. Mr. Budd joined the company in 1995 as Vice President and was promoted to Executive Vice President and COO in 1998. John P. Dugan, Chairman of the Board of Directors, stated "We are extremely pleased to reward both Mr. Saldarini and Mr. Budd for the Company's outstanding record of performance. Under their leadership, the Company has reported eight consecutive quarters of operating results which exceeded both our and our analysts' expectations. This realignment re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. will allow Mr. Saldarini to further focus on our strategic goals, including our desire to enhance the scope of products and services that we offer our pharmaceutical clients." "During the past nine months, we have maintained a record level of customer satisfaction while doubling our field force and programs" stated Charles T. Saldarini, Vice Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Mr. Budd's skillful skill·ful adj. 1. Possessing or exercising skill; expert. See Synonyms at proficient. 2. Characterized by, exhibiting, or requiring skill. leadership will enable us to continue to thrive and expand our core businesses," he added. PDI designs customized product detailing programs for major pharmaceutical manufacturers. This includes managing some of the biggest contract sales forces in the industry, representing blockbuster block·bust·er n. 1. Something, such as a film or book, that sustains widespread popularity and achieves enormous sales. 2. A high-explosive bomb used for demolition purposes. 3. products. PDI also works with emerging companies, sells niche products to specialized audiences and builds teams comprised of just a few representatives. Since 1986 companies have relied on PDI to launch new products, re-introduce older products, expand target audiences and create barriers to entry for competing brands. |
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