Quidel CEO Announces Retirement

Bruce V. Bigelow1/5/09

San Diego’s Quidel (NASDAQ: QDEL), which specializes in rapid medical diagnostic tests, said in a filing today that CEO Caren Mason plans to retire on June 1. Quidel says the company’s board has initiated a search for her replacement. A statement released by Quidel chairman Mark Pulido hailed Mason for “double digit organic revenue growth,” building a strong balance sheet and securing a $120 million credit facility for expansion.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788