Psychemedics Appoints Charles M. Doucot VP, Sales and Marketing

5/2/18

ACTON, Mass., May 02, 2018 (GLOBE NEWSWIRE) -- Psychemedics Corporation (NASDAQ:PMD) announced the appointment of Charles M. Doucot as the Company's Vice President, Sales and Marketing. Mr. Doucot will be responsible for global sales and marketing activities and be a key member of the management team, building on the Company's strategic plan.

Mr. Doucot brings to Psychemedics Corporation broad experience in sales, strategy and marketing, as well as strong leadership skills. During a 15-year career at Hewlett Packard Company, Mr. Doucot held numerous sales, strategic alliances, and leadership positions in HP’s first multi-vendor software only sales force with responsibility for both domestic, as well as global programs. Following HP, Mr. Doucot spent the last 15 years in senior General Management and Business Development roles with Sybase, IDS Scheer, Kalido and Lumesse where he innovated new go to market models focused on new customer acquisition and customer success. Mr. Doucot has a Bachelor of Science in Electrical Engineering from Northeastern University and completed the one year General Manager Program at Harvard Business School.

Raymond C. Kubacki, Chairman, President & CEO stated:

"We are extremely excited about having Charlie join our team. Charlie's experience working with Fortune 500 Companies and strong leadership skills, coupled with his high energy level are a winning combination that will serve our clients well. We also believe his experience in highly competitive markets including Saas, Big Data, Human Capital Management and Analytics, will bring new perspectives to accelerate Psychemedics’ growth as the global leader and pioneer of drugs of abuse hair testing."


Raymond C. Kubacki
Chairman, President & CEO
(978) 206-8220
RayK@psychemedics.com

Psychemedics Corporation is the world’s largest provider of hair testing for the detection of drugs of abuse. The Company’s patented process is used by thousands of U.S. and international clients, including over 10% of the Fortune 500 companies, for pre-employment and random drug testing. Major police departments, Federal Reserve Banks, schools, and other public entities also rely on our unique patented drug testing process. We strongly believe our drug testing method to be superior to any other product currently in use, including traditional urine testing and other hair testing methods.

The Psychemedics web site is www.psychemedics.com.

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