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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934
DECEMBER 29, 1998
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(Date of earliest event reported)
LABORATORY CORPORATION OF AMERICA HOLDINGS
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(Exact name of registrant as specified in its charter)
DELAWARE 1-11353 13-3757370
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
358 SOUTH MAIN STREET, BURLINGTON, NORTH CAROLINA 27215
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(Address of principal executive offices)
336-229-1127
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(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS
On December 29, 1998, the Company issued a press release
announcing that it has named Richard L. Novak to the newly-
created position of executive vice president and chief
operating officer (COO). He will continue to report to
Thomas P. Mac Mahon, chairman and chief executive officer
(CEO).
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
(c) Exhibit
20 Press release of the Company dated
December 29, 1998.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange
Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
LABORATORY CORPORATION OF AMERICA HOLDINGS
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(Registrant)
By:/s/ BRADFORD T. SMITH
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Bradford T. Smith
Executive Vice President,
General Counsel, Secretary
and Compliance Officer
Date: January 21, 1999
Laboratory Corporation of America-Registered Trademark- Holdings
358 South Main Street
Burlington, NC 27215
Telephone: 336-584-5171
FOR IMMEDIATE RELEASE
Contact: 336-584-5171 Shareholder Direct: 800-LAB-0401
Media - Cynthia Jay, Ext. 6652 www.labcorp.com
Investors - Pamela Sherry, Ext. 4855
LABCORP-REGISTERED TRADEMARK-NAMES CHIEF OPERATING OFFICER
Burlington, NC, December 29, 1998 - Laboratory Corporation of America-
Registered Trademark- Holdings (LabCorp-Registered Trademark-) (NYSE: LH)
has named Richard L. Novak to the newly-created position of executive vice
president and chief operating officer (COO). He will continue to report to
Thomas P. Mac Mahon, chairman and chief executive officer (CEO).
Novak, who has been with LabCorp since March, 1997, has served as
executive vice president, eastern operations, based in Burlington and is a
member of the management and executive committees of the Company. Prior to
joining LabCorp, he held various senior management positions with
SmithKline Beecham Clinical Laboratories, Inc.
"I am delighted to announce this appointment," said Mac Mahon. "Rich
brings to this position a strong knowledge of the business, coupled with
impressive strategic and operational capabilities. His unique ability to
create a strong team-oriented environment within LabCorp will assist the
entire organization in continuing to effectively move toward the objectives
established in our strategic plan."
Laboratory Corporation of America-Registered Trademark- Holdings
(LabCorp-Registered Trademark-) is a national clinical laboratory with
annual revenues of $1.5 billion in 1997. With more than 18,000 employees
and over 200,000 clients nationwide, the company offers more than 1,700
clinical tests, ranging from simple blood analyses to more sophisticated
technologies. In addition to the major testing sites, the Center for
Molecular Biology and Pathology, LabCorp's leading edge esoteric testing
facility located in Research Triangle Park, North Carolina, develops
applications for Polymerase Chain Reaction (PCR) technology, a
revolutionary technique used to produce some of the most sensitive
diagnostic tests ever developed. LabCorp's clients include physicians,
state and federal governments, managed care organizations, hospitals,
clinics, long-term care facilities, companies, and other clinical
laboratories.
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