William Sharbaugh, an executive with Bristol-Myers Squibb, will be the new chief operating officer at Pharmaceutical product Development.

Sharbaugh will join PPD as of May 31.

At Bristol-Myers Squibb, Sharbaugh is vice president of global development operations, a business unit that operates in 55 countries. He has worked at the firm for six years. A graduate of the U.S. Military Academy at West Point and the Wharton Business School at the University of Pennsylvania, Sharbaough has also worked for 10 years at Merck & Co.

"Bill Sharbaugh brings extensive leadership experience and skills as well as a vision that complements and aligns well with the strategic direction we have charted for PPD," said Fred Eshelman, chief executive officer of PPD. "We are pleased to welcome him to our organization and look forward to his leadership and contributions to our growing business."