Market Overview

PPD Names Ron Garrow as Chief Human Resource Officer

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Pharmaceutical Product Development, LLC (PPD)
has named Ron Garrow executive vice president and chief human resource
officer (CHRO). In this role, he will provide leadership for the
company's global human resources function, with a focus on talent
management and development, cultural transformation, and employee
engagement and retention.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180724005512/en/

Ron Garrow, Chief Human Resource Officer for PPD (Photo: Business Wire)

Ron Garrow, Chief Human Resource Officer for PPD (Photo: Business Wire)

"Ron is a seasoned executive and human resource professional with 30
years of experience and significant breadth and depth across the
spectrum of HR disciplines," said Judd Hartman, executive vice
president, general counsel and chief administrative officer for PPD. "He
has substantial expertise in talent management, executive and leadership
development, and leading cultural transformations for global businesses.
His capabilities in these areas and others will be a huge asset to PPD
as we build upon our talent advantage in the CRO industry to best serve
our pharmaceutical and biotechnology clients worldwide."

Garrow joins PPD from Belk, a $3.7 billion retail organization, where
most recently he served as chief human resource officer, supporting
22,000 employees. Prior to joining Belk in 2016, he spent six years with
Mastercard and served as its chief human resource officer starting in
2013, leading 350 HR professionals serving Mastercard's associates in 68
offices and 210 countries.

Before joining Mastercard, Garrow served as the chief learning officer
for Bank of America, leading a team of 1,100 professionals across the
globe responsible for training 280,000 employees. He earned the bank's
first recognition by Training magazine on its annual Top 125 list
of companies excelling in employee training and development, a
recognition that PPD also has received the past seven years.

Prior to that, Garrow served as the HR executive for Bank of America's
chief financial officer group, where he was responsible for all HR
activities for more than 5,200 professionals. Garrow joined Bank of
America after 19 years at Wachovia, where he held various positions of
increasing responsibility, his last role being chief learning officer,
responsible for leadership and executive development, training and
diversity.

Garrow graduated from the University of North Carolina at Charlotte,
where he majored in business administration. He earned an MBA from
Pfeiffer University and completed a certificate in organizational
development from UNC Charlotte.

Forbes magazine named PPD to its 2018 list of America's Best
Large Employers. Forbes noted that company culture proved to be
universally important across industries on the list. PPD's culture is
shaped by the company's defining principles: a strong will to win;
earning our customers' trust; being game-changers; doing the right
thing; and working together as One PPD.

About PPD

PPD is a leading global contract research organization providing
comprehensive, integrated drug development, laboratory and lifecycle
management services. Our clients and partners include pharmaceutical,
biotechnology, medical device, academic and government organizations.
With offices in 47 countries and approximately 20,000 professionals
worldwide, PPD applies innovative technologies, therapeutic expertise
and a firm commitment to quality to help clients and partners bend the
cost and time curve of drug development and optimize value in delivering
life-changing therapies to improve health. For more information, visit www.ppdi.com.

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