Fortrea Appoints Jason Knoblauch as CFO

By Philip Seaworth • Sunday, June 28 13:00 • Permanent Link

Fortrea named Jason Knoblauch as chief financial officer, effective July 6, 2026, replacing Jill McConnell, who is stepping down after helping build the company into an independent global CRO.

The company also reiterated full-year 2026 guidance, calling for revenue of $2.55 billion to $2.65 billion and adjusted EBITDA of $190 million to $220 million. The midpoint of the revenue range is $2.60 billion, and the midpoint of the EBITDA range is $205 million.

Knoblauch is joining from Clario, where he was CFO, and previously served as CFO at Curia. Earlier, he held financial leadership roles at PPD, including interim CFO, and was part of the senior leadership team that took PPD public in 2020.

Fortrea said Knoblauch will step in as the company is trying to build momentum across the business and return to growth. Following these announcements, the company's shares moved -0.34%, and are now trading at a price of $17.65. For the full picture, make sure to review Fortrea's 8-K report.

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