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DAVE BASSIN
Chief Financial Officer
inVentiv Health
732.537.4800
Corporate Governance
Eran Broshy - Chairman
Chief Executive Officer and Chairman
Mr. Broshy is the Chairman and Chief Executive Officer of inVentiv Health, Inc. (Nasdaq: VTIV). inVentiv Health is the leading provider of commercialization and complementary services to the global pharmaceutical, life sciences and biotechnology industries, supporting the needs of over 200 unique clients including all top 20 global pharmaceutical companies. inVentiv delivers a broad range of customized clinical, sales, marketing and communications solutions through its three core business segments: inVentiv Clinical, inVentiv Communications and inVentiv Commercial. Mr. Broshy joined inVentiv Health as Chief Executive Officer and Director in June 1999, took the company public in the fall of 1999, and additionally became Chairman of the Board in June 2006.
Mr. Broshy has over 21 years' management and consulting experience within the healthcare industry and is a widely recognized industry expert and frequent speaker on strategic issues in the pharmaceutical and healthcare industries. Prior to joining inVentiv he served as the Partner responsible for the healthcare practice of The Boston Consulting Group (BCG) across the Americas. During his fourteen-year tenure at BCG from 1984 to 1998, Mr. Broshy consulted widely with senior executives from a number of the major global pharmaceutical manufacturers, managed care organizations, and academic medical centers, and advised on a range of strategic, organizational and operational issues. Mr. Broshy has also served as President and Chief Executive Officer of Coelacanth Corporation, a privately-held biotechnology company.
Mr. Broshy currently also serves as a Director of Neurogen Corporation (Nasdaq: NRGN), a biotechnology company, and on the Simon Wiesenthal Center’s NY Executive Board. Mr. Broshy is a graduate of Harvard University (M.B.A.), Stanford University (M.S.), and Massachusetts Institute of Technology (B.S.).
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A. Clayton Perfall - Director
President, Chief Executive Officer and Director of AHL Services, Inc.
A. Clayton Perfall, 46, has been a director of the Company since inVentiv's separation from Snyder Communications, Inc., in September 1999. He currently serves as Chief Executive Officer of AHL Services, Inc., a non-pharmaceutical, outsourced sales and marketing company. Prior to taking this position in October 2001, Mr. Perfall served as Chief Executive Officer of Convergence Holdings, Corp. Prior to taking this position in January 2001, Mr. Perfall served as the Chief Financial Officer and a director of Snyder Communications, Inc., from 1996 to September 2000. Prior to joining Snyder Communications, Inc., Mr. Perfall spent fifteen years with Arthur Andersen LLP.
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Per G. H. Lofberg - Director
President & Chief Executive Officer, Merck Capital Ventures, LLC
Mr. Lofberg, 58, has been a director of the Company since February 2005. Mr. Lofberg brings over 31 years' pharmaceutical and healthcare industry experience to inVentiv Health. He is currently President and CEO of Merck Capital Ventures, LLC, a position that he has held since 2000. From 1993-2000, Mr. Lofberg was Chairman of Merck-Medco Managed Care, LLC, a wholly owned subsidiary of Merck & Co., Inc. and the country's largest provider of prescription drug benefit management services. Under his leadership, Merck-Medco grew from $3 billion to $23 billion in revenues. Mr. Lofberg joined Medco in 1988 as Senior Executive Vice President, a member of the Office of the President and the company's Board of Directors. Before Merck-Medco, Mr. Lofberg was a Partner at The Boston Consulting Group and oversaw the firm's worldwide healthcare practice.
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Mark Jennings - Director
Managing Partner, Generation Partners
Mr. Jennings, 43, has been a director of the Company since February 2005. Mr. Jennings is Managing Partner and co-founder of Generation Partners, a $325 million private investment firm focused on providing growth capital to companies primarily in the business and information services, communications and healthcare sectors. Prior to founding Generation, Mr. Jennings was a Partner of Centre Partners, a private investment firm affiliated with Lazard Frères & Co. Mr. Jennings began his career at Goldman Sachs & Co., where he advised companies in the areas of financial strategy, public offerings, mergers & acquisitions and leveraged buyouts. Through Generation and predecessor firms, he has invested in more than 50 companies and has served as a director on 19 boards. Mr. Jennings is also The Chairman of the Board of Trustees of Post University, Inc., a 115-year-old regionally accredited University.
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Terrell Herring - Director
Chief Operating Officer, inVentiv Health
President and Chief Executive Officer, inVentiv Commercial
Terry Herring, 42, is Chief Operating Officer, inVentiv Health and President and CEO of inVentiv Commercial, overseeing the Ventiv Pharma Teams, Ventiv Pharma Services, and Ventiv Pharma Analytics divisions of this business segment. He has more than 19 years' experience in the pharmaceutical sales industry and previously held the positions of National Business Director, Vice President and General Manager, U. S. Sales, and President and COO, Ventiv Pharma Services prior to his appointment to President and COO of the commercial business in 2005. Under Mr. Herring's leadership, inVentiv Commercial has delivered strong revenue growth and a five-fold increase in income. In October 2005, Mr. Herring was appointed to the Board of Directors of inVentiv Health, Inc., and was named Chief Executive Officer of inVentiv Commercial in February 2006.
Before joining inVentiv, Mr. Herring was the Senior National Sales Director at Noven Pharmaceuticals, where he focused on transdermal delivery and women's health marketing. He began his career at Ciba-Geigy Pharmaceuticals and Solvay Pharmaceuticals, where he held various sales management, training, development, marketing, and operations positions.
Mr. Herring graduated magna cum laude from the Citadel, Military College of South Carolina, where he earned a B.S. in Biology. He also attended Fairleigh Dickinson and Pacific Western University where he earned his M.B.A. In addition, Mr. Herring has received graduate certificates in business and international marketing from Mercer University School of Engineering and Duke University/London Business School.
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R. Blane Walter - Director
President, inVentiv Health
Mr. Walter, 36, was named President of inVentiv Health in May 2007, with responsibility for overseeing all three divisions of the company and developing integrated solutions to meet client needs.
Previously he served as President and Chief Executive Officer of inVentiv Communications following the acquisition of inChord Communications, Inc. in October 2005. Mr. Walter joined inChord (then known as Gerbig, Snell/Weisheimer & Associates) as an Account Manager in 1994. In 1996, he became a Partner and later purchased the company in 2000. Under his direction as Chairman and CEO, inChord became the largest privately-held healthcare communication company in the world, working with 16 of the world's top 20 healthcare companies and serving clients around the world through a global network with offices in 13 countries.
Prior to joining inChord, Mr. Walter worked as a financial analyst in New York City for Smith Barney in mergers and acquisitions.
He holds a B.S. degree in marketing and finance from Boston College.
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Craig Saxton, M.D. – Director
Former Executive Vice President of Pfizer's Global Research and Development Division
Dr. Saxton, 64, has been a director of the Company since December 2006. Dr. Saxton brings over 41 years of experience in pharmaceutical drug development to inVentiv, initially as a clinical investigator and later through more than 25 years with Pfizer Inc. until his retirement in 2001. During his time with Pfizer, Dr. Saxton worked in a variety of positions in both Europe and the USA in the R&D and International commercial divisions.
Throughout the 1990’s he was responsible for Pfizer’s worldwide pre-clinical and clinical development operations, a period in which Pfizer enjoyed it’s most successful growth powered by an unprecedented number of worldwide approvals and launches of new chemical entity pharmaceutical products.
Each of these numerous approved products subsequently achieved peak sales in excess of $750 million dollars, totaling more than $25 billion in annual revenue in recent years.
Dr. Saxton is also Chairman of the Board of Neurogen Inc. and a director of Conjuchem Inc.
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