On June 11, 2025, Fortrea Holdings Inc. announced the appointment of Anshul Thakral as President and CEO, effective August 4, 2025, succeeding interim CEO Peter M. Neupert, who will remain a director and Chairman. Thakral's annual salary will be $1.1 million with a target bonus of 150%, plus performance-based stock awards totaling approximately $6.25 million each for RSUs and PSAs.