Fortrea appoints new CFO Jason Knoblauch

By Greg Peters • Saturday, June 27 13:00 • Permanent Link

Fortrea named Jason Knoblauch as chief financial officer, effective July 6, replacing Jill McConnell, who is stepping down after helping build the company into an independent global CRO.

The move comes as Fortrea said it is “advanc[ing]” its strategic journey back to growth. Knoblauch joins from Clario, where he was CFO, and previously held the same role at Curia. Earlier, he served in financial leadership roles at PPD, including interim CFO and as part of the senior team that led PPD’s IPO in 2020.

Alongside the leadership change, Fortrea reiterated its full-year 2026 guidance. The company is targeting revenue of $2.55 billion to $2.65 billion and adjusted EBITDA of $190 million to $220 million. Following these announcements, the company's shares moved -0.34%, and are now trading at a price of $17.65. If you want to know more, read the company's complete 8-K report here.

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