Lab software company hires new CEO

LabVantage Solutions, a Somerset-based provider of laboratory informatics software, has named a new CEO, it announced Tuesday.

John Heiser, president and chief operating officer of process control solutions firm Magnetrol International Inc., succeeds LabVantage President Ram Velidi, who is leaving the company to pursue a new entrepreneurial endeavor, it said.

“John Heiser brings us a wealth of strategic and operational experience in growing technology and life sciences businesses, and we are thrilled that he is joining LabVantage at this exciting time in the company’s development,” Chairman Purnendu Chatterjee said in a prepared statement. “With his diverse business background and strong leadership experience, broad educational foundation and passion for people and performance, John’s combination of proven leadership ability and strategic vision will be invaluable as LabVantage embarks on its next phase of growth.”

Heiser has also held managerial and executive roles with companies including Bausch & Lomb Pharmaceuticals, Merck & Co. and DuPont Pharmaceuticals.