Spectrum Solutions Names Bill Phillips as New Chief Executive Officer

SALT LAKE CITY--(BUSINESS WIRE)--Spectrum Solutions® and its owned corporations, Alimetrix, Inc., and Microarrays, Inc., today announced the appointment of Bill Phillips as the company’s new chief executive officer, replacing Stephen J. Fanning, who successfully served as Spectrum’s CEO for over four years.

Phillips was a founder of Spectrum Solutions and prior to his promotion to CEO, he served as the company’s Chief Operating Officer where he was recognized for his outstanding performance, strategic business acumen and strong leadership. In this new position, Phillips will accelerate Spectrum’s strategic clinical healthcare business objectives, which will result in job growth and greater career opportunities for current team members. In addition, Phillips is committed to working with other Utah business leaders to address issues impacting local businesses, philanthropic opportunities and the community at all levels.

“Bill Phillips’ promotion to CEO is well deserved and exciting for the future of Spectrum’s growth. Bill has worked tirelessly from the beginning to make Spectrum a customer-centric business and a great place for employees to come to work every day,” said Stephen Fanning. “It has been my privilege to work with such a great team of highly talented people, and it has been a highlight of my career.”

Phillips has received numerous national and local accolades and awards, including being named a 2020 Utah Business Healthcare Hero and recipient of BioUtah’s 2020 Life Science Innovation Impact Award. During the pandemic, his visionary leadership catapulted Spectrum to a global position in the battle against COVID-19 by offering the first FDA-authorized saliva-based diagnostic alternative to the painful nasal swab-based testing. Phillips directed the company’s expansion to meet new, global demands while scaling manufacturing capabilities. His visionary efforts launched a chain of events that led to several leading-edge scientific innovations and clinical tests that have vastly expanded the diagnostic options of saliva.

ABOUT SPECTRUM SOLUTIONS®

Headquartered in Salt Lake City, Utah, Spectrum Solutions is dedicated to empowering complete wellness and bridging the gap between science and innovative healthcare solutions. Our stand-alone and fully integrated test-to-treat solutions support molecular diagnostics and DTC testing applications, advancing product development and accelerating go-to-market applications. Our single-source, end-to-end capabilities include a CAP/CLIA accredited molecular diagnostic laboratory, onsite compounding pharmacy, medical and non-medical product development, manufacturing, and fulfillment. For more information, please visit spectrumsolution.com.