Roop K. Lakkaraju Named Finance Chief at Bio-Rad Laboratories

Bio-Rad Laboratories Inc. has appointed Roop K. Lakkaraju as executive vice president and chief financial officer (CFO).

“We are pleased to welcome Roop Lakkaraju as our new chief financial officer,” Bio-Rad President/CEO Norman Schwartz said. “Roop’s experience and track record in financial management, operations, mergers and acquisitions, and capital markets transactions will be instrumental in helping us shape and execute our financial strategy.”
 
Lakkaraju joins Bio-Rad from electronics manufacturing services provider Benchmark Electronics, where he was executive vice president and CFO responsible for all finance-related functions (since 2018). Before Benchmark, he held CFO and senior operational roles at several large, multinational companies including Support.com, a cloud-based software and services provider, and Solectron, a global provider of electronics manufacturing and integrated supply chain services. Lakkaraju began his career as an auditor with Grant Thornton and PricewaterhouseCoopers, and earned a bachelor of science degree in business administration, accounting, from San Jose State University.
 
“I am excited to join Bio-Rad as its chief financial officer,” Lakkaraju stated. “I look forward to driving the company’s financial and strategic initiatives to create long-term value for all our stakeholders.”
 
Bio-Rad Laboratories Inc. develops, manufactures, and markets products for the life science research and clinical diagnostics markets. Based in Hercules, Calif., Bio-Rad operates a global network of research, development, manufacturing, and sales operations with more than 8,000 employees and $2.7 billion in revenues in 2023. Its customers include universities, research institutions, hospitals, food safety and environmental quality laboratories, and biopharmaceutical companies.