May 7, 2009 (FinancialWire) — Laboratory Corp. of America Holdings’ (NYSE: LH) board has elected company chief executive officer David P. King as its chairman. King has served as president, CEO and a director of the company since January 1, 2007.

Prior to that date, King was LabCorp’s EVP and chief operating officer and before that EVP of strategic planning and corporate development. He was hired by LabCorp in September 2001 as SVP, general counsel and chief compliance officer.

King will succeed Thomas P. Mac Mahon, who was LabCorp’s chairman and a company director since April 28, 1996. Mac Mahon will continue to serve on the LabCorp board.

Burlington, North Carolina-based Laboratory Corp. of America Holdings commercializes diagnostic technologies and is focused on genomic testing. The company offers clinical assays ranging from blood analyses to HIV and genomic testing.

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