Taratec Names Vice President Of Sales And Business Development

BRIDGEWATER, N.J., Oct. 27 /PRNewswire/ -- Taratec, a leading life science consultancy that provides integrated business, information technology, and regulatory compliance services, announced today the appointment of Richard ("Rick") Riegel as Vice President, Sales and Business Development.

Riegel has more than 19 years of management experience in executive, sales, marketing and practice leadership positions with technology and professional services firms focused on meeting the needs of companies in the pharmaceutical and life science industries.

Riegel comes to Taratec from IBM, where he served most recently as the Vice President of Solutions Marketing for IBM Healthcare and Life Sciences and previously as the General Manager of the Pharmaceutical Industry. Prior to joining IBM, Riegel spent eight years at First Consulting Group in a number of positions of increasing responsibility in sales and practice management, ultimately serving as the Managing Director of the company's Life Sciences Division.

In these positions, Riegel has successfully built and led teams of more than 500 associates with responsibility for over $80 million in revenue, established new consulting practices in the United States and Europe, managed acquisitions, and created new business, marketing, and account plans that dramatically improved revenue and profitability.

"Rick brings to Taratec an extensive and successful track record in building and managing sales teams and creating new business opportunities," said John Freeman, chief operating officer of Taratec. "His extensive background in the life science industry will allow him to play a major role in the roll-out of Taratec's growth strategies. He will be a key part of our executive team."

Commented Riegel, "Taratec is the recognized leader in providing high quality compliance and business services to the life science industry, with a long-standing and excellent reputation. I look forward to driving the sales and business development efforts and working with the Taratec team as they continue to set standards in helping their clients respond to complex regulatory and technology needs."

Riegel holds a B.S. in Engineering from Penn State University, and an M.B.A. from Villanova University.

About Taratec

Taratec is a leading life science consultancy that provides integrated business, information technology, and regulatory compliance services to innovative pharmaceutical, biotechnology, and medical device organizations around the world. With an extensive suite of services and solutions, Taratec enables life science companies to bring products to market sooner and improve manufacturing efficiency while achieving compliance with FDA regulations. Taratec is headquartered in Bridgewater, NJ, with offices in Berwyn, PA; Chicago, IL; Newton, MA; and San Juan, Puerto Rico. For more information, please visit taratec.com.

Roger Sparks 908.255.1585 rsparks@taratec.com

Taratec

CONTACT: Roger Sparks of Taratec, +1-908-255-1585, orrsparks@taratec.com

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