The US Pharmacopeial Convention (USP) has announced the promotion of Richard Wailes to the position of acting Executive Vice President and Chief Operating Officer (COO) of the organisation. Wailes is advancing from Vice President of Sales and Marketing, a position he has held since 2002. In his new role, he will continue to oversee the sales, marketing and customer service operations, and will take on added responsibilities of information services; finance, accounting and treasury; and global communications.
USP is a non-profit scientific organisation that sets standards for the identity, strength, quality, and purity of medicines, food ingredients, and dietary supplements. The organisation’s drug standards are enforceable in the US by the Food and Drug Administration (FDA), and USP standards are used in more than 140 countries.
Wailes joined USP in January 1999 as Director of Human Resources. He was promoted to Vice President, Human Resources and Client Services in 2000. Prior to joining USP, he had experience in sales and marketing, operations, and human resources at Fortune 500 corporations including IBM, Avery Dennison, WellPoint Health Networks, and Thermo Electron.
Wailes earned an MBA at Harvard Business School and a BA in American studies from Amherst College, magna cum laude.
EP News Bureau – Mumbai