Credit: bogdanhoda/Shutterstock.comAfter 18 Years at LabCorp, Deputy Chief Legal Officer Appointed Global General Counsel
LabCorp chief legal officer F. Samuel Eberts III is retiring after 15 years in the role. Sandy van der Vaart, who has held a number of leadership roles in the lab testing company's legal department over the last 18 years, will become LabCorp's new top lawyer.
February 07, 2019 at 06:09 PM
3 minute read
A longtime Laboratory Corp. of America Holdings in-house counsel will be the Burlington, North Carolina-based company's next top lawyer as its chief legal officer retires.
In an 8-K filing Wednesday, LabCorp announced its senior vice president, chief legal officer and secretary F. Samuel Eberts III would retire on Feb. 11 after 15 years with the company. Eberts' retirement agreement includes a $900,000 payment, the vesting of all his outstanding equity awards, his earned portion of LabCorp's 2018 management incentive bonus and a year of health care coverage.
Sandy van der Vaart, currently LabCorp's senior vice president and deputy chief legal officer, will lead the legal department on Eberts' departure.
“In accordance with the Company's succession plan, Sandy van der Vaart, who has been with the Company for eighteen years in a number of leadership roles within the Legal Department, will be the Company's Global General Counsel and Secretary,” LabCorp representatives wrote in the company's 8-K filing. LabCorp did not immediately respond to request for comment.
Van der Vaart joined LabCorp in 2001 as director of corporate compliance, according to her LinkedIn profile. She worked her way up through the legal department, serving as assistant general counsel of divisional counseling and strategic initiatives, and as general counsel and assistant secretary from 2009 to 2015. She holds a law degree from the University of Virginia School of Law.
The clinical laboratory network's 10-Q, filed in October 2018, listed some of its recent legal challenges and risks, including a series of employment-related suits in California.
In 2018, LabCorp settled a suit filed in the Superior Court of California, County of San Diego, brought by workers who claimed the company misclassified them under the California Labor Code Private Attorneys General Act as exempt employees. Plaintiffs said LabCorp didn't properly provide overtime compensation, meal and rest breaks and presented other wage-related concerns. As of the 10-Q filing, similar suits were ongoing in the Superior Court of California, County of Los Angeles, and in the U.S. District Court for the Northern District of California.
LabCorp also settled a class action lawsuit over alleged Telephone Consumer Protection Act violations. The company said it could face legal action over ransomware that impacted parts of its technology system last year from impacted consumers or government agencies.
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