Alison A. Cornell
Corporate Vice President and
Chief Financial Officer
Ms. Alison A. Cornell is Chief Financial Officer and has overall responsibility for finance and corporate development activities. She serves as a member of the Executive Committee and reports to the Chairman and Chief Executive Officer.
Ms. Cornell joined Covance in 2004 as Vice President, Late Stage Development Services, overseeing financial management for the company’s Phase II-IV, cardiac and interactive voice response services. She was a key member of the clinical development leadership team and played a critical role in transforming that business into a major growth driver for the company. She was also a driving force in the evaluation and lowering of the company's cost structure, and successfully designed and executed programs that have significantly lowered the company's Days Sales Outstandings. In 2010, she was promoted to Vice President, Global Financial Planning and Analysis, responsible for approximately 75 percent of Covance’s finance staff, end-to-end financials, value-added business analytics, business development, controllership, resource management and contract management. Her ability to recruit, develop and retain talent has significantly enhanced the company’s finance bench strength company-wide. She was appointed Chief Financial Officer in May 2012.
Prior to joining Covance, Ms. Cornell spent 19 years with AT&T, where she held leadership roles and positions of increasing responsibility, including heading finance for a $30 billion division as Vice President, Forecasting, Performance and Investment Analysis.
She is active in several professional associations, including Financial Executives International, the Association for Financial Professionals and the Institute of Management Accountants.
Ms. Cornell earned a Bachelor of Arts in psychology and a Master of Business Administration in marketing from Rutgers University. In addition, she is a Certified Treasury Professional (CTP), completed the Program for Management Development at Harvard Business School, and received a Certificate in Treasury Management from Villanova University.