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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
June 27, 1996
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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 or File Number) Identification
organization) Number)
358 SOUTH MAIN STREET, BURLINGTON, NORTH CAROLINA 27215
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(Address of principal executive offices)
910-229-1127
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(Registrant's telephone number, including area code)
Item 5. Other Events
On June 27, 1996, the Registrant issued a press release
dated as of such date announcing that Haywood D. Cochrane,
Jr., Executive Vice President, Chief Financial Officer and
Treasurer, intends to leave the Company during the third
quarter. After almost twenty years in the laboratory
industry, he has decided to pursue an entrepreneurial,
venture capital-backed opportunity. Mr. Cochrane will
continue his current responsibilities until certain projects
are completed and a successor is named. The press release
is attached as an exhibit hereto and the text thereof is
incorporated in its entirety herein by reference.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits
(c) Exhibit
20 Press release of the Registrant dated June 27,
1996.
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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Executive Vice President,
General Counsel and Secretary
Date: June 28, 1996
EXHIBIT INDEX
Exhibit
Number Exhibit
- -------- -------
20 - Press release of the Registrant dated June 27,
1996.
Exhibit 20
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FOR IMMEDIATE RELEASE Contact: Pamela Sherry
(910) 584-5171
Ext. 6768
LABORATORY CORPORATION OF AMERICA ANNOUNCES
CHIEF FINANCIAL OFFICER WILL STEP
DOWN IN THIRD QUARTER
BURLINGTON, NC, June 27, 1996 - Laboratory Corporation of
America Holdings (NYSE: LH) (LabCorp) reported today that
Haywood D. Cochrane, Jr., Executive Vice President, Chief
Financial Officer and Treasurer, has announced his intention
to leave the Company during the third quarter. After almost
twenty years in the laboratory industry, he has decided to
pursue an entrepreneurial, venture capital-backed
opportunity. Mr. Cochrane will continue his current
responsibilities until certain projects are completed and a
successor is named.
"With Haywood's assistance, LabCorp has made impressive
strides since the merger in 1995 between National Health
Laboratories Holdings Inc. and Roche Biomedical
Laboratories, Inc.," stated Dr. James B. Powell, President
and Chief Executive Officer. "We will accept Haywood's
resignation with deep regret and wish him well in his new
opportunity. Going forward, we will continue to work towards
our established goals as we effect an orderly transition."
Laboratory Corporation of America Holdings (LabCorp) is a
national clinical laboratory organization with estimated
annualized revenues of $1.7 billion. The Company operates
primary testing facilities nationally, offering more than
1,700 different clinical assays, from routine blood analysis
to more sophisticated technologies. LabCorp performs
diagnostic tests for physicians, managed care organizations,
hospitals, clinics, long-term care facilities, industrial
companies and other clinical laboratories.