OraSure Technologies, Inc. announced the election of Robert W. McMahon, CMA, MBA, to the Company?s Board of Directors, effective July 31, 2023. Including McMahon, the company?s Board of Directors has seven members. Mr. McMahon is Senior Vice President and Chief Financial Officer for Agilent Technologies where he is responsible for Finance, Audit, Treasury, Tax, and Investor Relations.

He has extensive leadership experience in business growth, mergers and acquisitions, and consistently delivering results while increasing profitability and improving cash flow. He will serve as a Class II Director with an initial term expiring at the Company?s 2026 Annual Meeting of Stockholders. Mr. McMahon has more than 30 years of experience as a senior finance professional.

In his role at Agilent, he managed the company?s financials through the COVID-19 pandemic, ensuring stability for their workforce while focusing on key investments, maintaining cash flow, and providing frequent and transparent communication to investors. He has also led new opportunities for business growth with strategies to increase deal profitability and implemented new digital business models. Prior to his work for Agilent, Mr. McMahon spent four years serving as Chief Financial Officer for Hologic, where he led a team that reshaped the product portfolio and significantly improved company performance and profitability.

He also spent more than 20 years at Johnson & Johnson where he held numerous leadership positions and his key responsibilities spanned corporate finance, financial planning and analysis, financial roadmaps, portfolio optimization, enterprise valuation, divestiture management, and business leadership. Mr. McMahon holds an MBA in Finance from the University of Central Florida and a bachelor?s degree in Finance from the University of Florida.