Fortrea Appoints Jason Knoblauch as CFO

By Greg Peters • Saturday, June 27 16:00 • Permanent Link

Fortrea named Jason Knoblauch chief financial officer, effective July 6, 2026, replacing Jill McConnell.

The company said it is sticking with its full-year 2026 targets of revenue between $2.55 billion and $2.65 billion and adjusted EBITDA between $190 million and $220 million.

Knoblauch joins from Clario, where he was CFO, and previously held the same role at Curia. Earlier, he served in financial leadership roles at PPD, including interim CFO and as part of the senior team that took the company public in 2020.

McConnell is stepping down after helping Fortrea become an independent global CRO. The company did not disclose any change to its outlook alongside the leadership transition. The market has reacted to these announcements by moving the company's shares -0.34% to a price of $17.65. For more information, read the company's full 8-K submission here.

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