NEW YORK (Thomson Financial) - PDI Inc. Friday named Jeffrey Smith chief
executive officer on an interim basis, following the retirement of Michael
Marquard, who retired from the CEO position and from the company's board.
The appointment and retirement are both effective immediately.
Smith is the company's chief financial officer and executive vice president
of finance. James Farrell, PDI's controller, will assume the position of interim
chief financial officer.
PDI said it had begun a search for a permanent chief executive.
Shares of PDI closed Thursday at $8.31.
Ryan Vlastelica
rv/vj
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|