NEW SPECIALTY LAB CHAIRMAN WHITNEY SUCCEEDS BELLUZZO.Byline: Daily News VALENCIA - Richard E. Belluzzo, chairman of the board of Specialty Laboratories Inc., which recently relocated to Valencia, has resigned to concentrate on his position as chief executive officer of a Silicon Valley business. Richard K. Whitney, a member of the board, is the new chairman, the company announced Thursday. Specialty Labs, now on Tourney Road in the Valencia Corporate Center, performs highly advanced clinical tests used by physicians to diagnose, monitor and treat disease. Serving hospitals, laboratories and physicians, the company, which relocated from Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , provides testing options for more than 10 major medical specialties Medical Specialties See also anatomy; disease and illness; drugs; health; remedies; surgery. adenography the science of the description of glands. — adenographic, adj. . Belluzzo, 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. of the San Jose-based Quantum Corp., guided Special Labs through its relocation and is credited with strengthening its board. Three independent directors were added. ``My decision to step down was necessary to provide me more time to focus on my other professional obligations,'' Belluzzo, with the company 8 1/2 years, said in a written statement. ``Specialty has executed an impressive turnaround in the last few years, and I'm confident that the company is well-positioned to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the opportunities that lie ahead.'' Specialty's board now will comprise eight directors, five of whom are independent. Whitney, an independent health-care consultant and private investor, recently served as chief financial officer of DaVita Inc., which provides dialysis services. He was a lead executive in DaVita's turnaround from 2000 through 2004, and he now serves on the board of directors of Light Sciences Corp., a medical device company. He received his undergraduate degree from Pennsylvania State University Pennsylvania State University, main campus at University Park, State College; land-grant and state supported; coeducational; chartered 1855, opened 1859 as Farmers' High School. and his master's in business administration from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . |
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