Reporting directly to Chief Executive and Chairman, Craig Rennie, Peter will join the Executive Committee and work with them to lead Penn’s strategy of continuous growth. Peter has 10 years experience working at Senior Executive Board level across a wide range of sectors including healthcare, pharmaceutical and life sciences, healthcare publishing, business intelligence and investment banking. Holding senior positions in the NHS in his early career, Peter then moved to Unilabs (UCP) where he worked as Chief Operating Officer and was instrumental in doubling the turnover of the business, making the company the largest independent provider of central laboratory services to the pharmaceutical industry. Most recently, Peter was Executive Vice President, Europe and Asia Pacific for the Pharma Division of Wolters Kluwer Health. Commenting on his appointment, Peter said: "Penn Pharmaceutical Services is in an exciting phase of its development in a dynamic industry sector. Its history of growth and high quality services makes this an attractive move for me. There is no doubt that the pharmaceutical industry needs the specialist skills Penn offers and the trend is to outsource more and more, particularly to well respected, highly accredited providers." Craig Rennie, Chief Executive at Penn, said: "I am delighted to welcome Peter to the company. Peter’s experience in the pharmaceutical and healthcare sectors will strengthen our senior team and his proven track record of driving growth, developing strategy and creating and delivering strong business plans will be beneficial to Penn as we continue to develop as an organisation." Penn Pharmaceutical Services Ltd is a leading provider of outsourced pharmaceutical development services to the international healthcare industry. The company’s core business expertise includes a fully comprehensive product development service, which consists of formulation and analytical development, clinical trial manufacturing, packaging and supply management and extensive contract manufacturing. Penn also offers CMC Consultancy and Qualified Person (QP) Services.