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Michael Troullis Appointed Chief Financial Officer of Quintiles Transnational Corp.

Thursday, August 16, 2007 General News
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RESEARCH TRIANGLE PARK, N.C., Aug. 15 QuintilesTransnational Corp. today announced the appointment of Michael Troullis as itsChief Financial Officer, effective immediately. Troullis had been acting CFOsince former CFO John Ratliff was appointed Quintiles' Chief Operating Officerlast year.
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Troullis joined Quintiles in 1992 as Director of Finance, Europe. Priorto his appointment as acting CFO, Troullis was Senior Vice President andWorldwide Controller.
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"Mike's financial expertise and deep knowledge of Quintiles and ourmarkets make him the best person to be the fourth CFO in Quintiles' 25-yearhistory," said Dennis Gillings, CBE, Chairman and Chief Executive Officer ofQuintiles Transnational. "He has helped put in place the financial systemsand controls needed to support Quintiles' growth from a small CRO to being theglobal leader in helping companies bring medicines to market faster and moreefficiently."

Troullis, who will report to Gillings, has a bachelor's degree inEconomics from the University of Exeter (England) and is qualified as a UnitedKingdom Chartered Accountant.

Prior to joining Quintiles, Troullis had a 10-year career withCooperVision, where he held several positions of increasing responsibility,finally as European Finance Director; and six years with KPMG in the UnitedKingdom.

Quintiles Transnational Corp. is powering the next generation ofhealthcare by providing a broad range of professional services in drugdevelopment, financial partnering and commercialization for thepharmaceutical, biotechnology and healthcare industries. With about 19,000employees and offices in more than 50 countries, it is focused on providingcustomer-centric solutions that are the gold standard of the industry. Formore information, please visit the company's Web site at www.qtrn.com

SOURCE Quintiles Transnational Corp.
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