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Gen-Probe (GPRO) Appoints Carl W. Hull as CEO

May 18, 2009 4:04 PM EDT
GPRO Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Down Down)

EPS Growth %: +1.9%
Gen-Probe Incorporated (Nasdaq: GPRO) announced that Carl W. Hull has formally succeeded the Company's long-time leader, Henry L. Nordhoff, as chief executive officer (CEO). Mr. Hull, formerly Gen-Probe's president and chief operating officer, also has joined the Company's board of directors.

As first announced on March 23, Mr. Nordhoff retired as CEO yesterday. Mr. Nordhoff, who had served as Gen-Probe's CEO since 1994, is now non-executive chairman following his re-election to the board at the Company's annual meeting of stockholders last week.

Gen-Probe Incorporated is in the development, manufacture and marketing of rapid, accurate and cost-effective nucleic acid tests (NATs) that are used primarily to diagnose human diseases and screen donated human blood. [SM]

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