March 01, 2015 7:32 AM ET

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Company Overview of Covance Inc.

Executive Profile

Joseph L. Herring

Chairman and Chief Executive Officer, Covance Inc.
AgeTotal Calculated CompensationThis person is connected to 2 Board Members in 2 different organizations across 3 different industries.

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As of Fiscal Year 2013


Mr. Joseph L. Herring, also known as Joe, has been Chairman of the Board and Chief Executive Officer at Covance Inc. since January 1, 2005. Mr. Herring served as Vice President at Covance Laboratories, Inc. He served as President and Chief Operating Officer of Covance Inc., from November 2001 to December 31, 2004. He served as Corporate Senior Vice President and President-Early Development Services of Covance Inc. from September 1999 to November 2001. Mr. Herring served ...

Corporate Headquarters

210 Carnegie Center
Princeton, New Jersey 08540

United States

Phone: 609-452-4440
Fax: 609-452-9375

Board Members Memberships

Chairman and Chief Executive Officer
Director and Member of Compensation Committee


BSBA 1978
Louisiana State University

Other Affiliations

Annual Compensation

Total Annual Compensation$1,000,000

Stocks Options

Restricted Stock Awards$2,311,835
All Other Compensation$13,160
Exercised Options$129,750
Exercised Options Value$6,180,966
Exercisable Options$307,733
Exercisable Options Value$9,343,004
Unexercisable Options$181,267
Unexercisable Options Value$5,238,815
Total Value of Options$20,762,785
Total Number of Options$618,750

Total Compensation

Total Annual Cash Compensation$3,313,160
Total Short Term Compensation$1,000,000
Other Long Term Compensation$2,324,995
Total Calculated Compensation$8,965,104

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