Laboratory testing company LabCorp announced Tuesday that it has appointed senior finance executive Jeffrey Davis to its board of directors.

Davis’ tenure on the board will begin on Dec. 1. He will also serve on the board’s audit committee and quality and compliance committee.

Davis is the current chief financial officer and executive vice president of Qurate Retail Group. Prior to joining Qurate, Davis served as the CFO of J.C. Penney Company.

LabCorp Executive Chairman David King said Davis will be an excellent addition to the board of directors.

“With more than 30 years of finance experience, including senior roles at some of the world’s most recognizable companies, Jeff brings a wealth of experience across a highly relevant range of industries, from healthcare to digital to retail,” King said.

Davis’ appointment fills the vacancy created when lead independent director Robert Mittelstaedt retired from the board at the conclusion of his term on May 9.

Davis said he looks forward to working with his fellow board members.

“For more than 50 years, LabCorp has been improving health and improving lives,” Davis said. “I am honored to join the board as we set the stage for the company’s next 50 years of success.”

Shares of LabCorp were trading at $172.54 Tuesday, down 24 cents.