ILS Names New President31 May 2016
RESEARCH TRIANGLE PARK, N.C. – Integrated Laboratory Systems (ILS) has named Todd Grosshandler as the company’s new president, as well as a board member.
He replaces former president Tom Goldsworthy, Ph.D., who retired and remains on the board of directors. Grosshandler brings to this position a well-established background as a life science executive with more than 25 years of experience in the CRO sector, serving both federal and commercial clients.
“We’re thrilled to welcome Todd aboard because of his strong track record of leading, implementing, and delivering operational excellence for his clients, while consistently delivering strong financial performance,” said ILS Founder and Chairman, T.K. Rao, Ph.D.
Grosshandler co-founded Enthalpy Analytical in 1993 and grew his successful environmental and bioanalytical CRO for more than 18 years, consistently delivering double-digit growth and EBITDA. He sold Enthalpy to LabCorp in 2010 and successfully led the integration efforts once acquired.
Serving on the senior management team for LabCorp’s bioanalytical division, Grosshandler assumed operational and sales responsibilities and helped to deliver unprecedented sales growth and profitability for the division. Just prior to joining ILS, Grosshandler served as an Executive Director at Covance (a LabCorp company). In this role, he was responsible for supporting the commercial strategy and sales team deployment/management for Covance’s full range of preclinical services.
Grosshandler is a graduate of N.C. State University’s College of Physical & Mathematical Sciences with a degree in chemistry (magna cum laude).