IDEXX Laboratories, Inc. announced the election of Joseph L. (Jay) Hooley to its Board of Directors, effective July 10, 2025. Mr. Hooley, the former Chair and CEO of State Street Corporation, brings extensive strategic thinking and financial leadership experience to the board. His appointment is expected to provide valuable insights, particularly given his background in global growth and technological transformation.
In addition to his board role, Mr. Hooley has been appointed as a member of the Audit Committee and the Governance and Corporate Responsibility Committee. His public company board and corporate governance experience are seen as complementary to the existing skills of the other Board members, enhancing the board's overall effectiveness.
With the addition of Mr. Hooley, the IDEXX Board of Directors now consists of ten directors, with nine of them being independent. This move strengthens the company's governance structure and strategic oversight, leveraging Mr. Hooley's investor perspective and leadership from a major financial institution.
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