David Dean Halbert

Career

1. 2008 – now
   Caris Life Sciencessrc
   Founder, Chairman & CEO
   Led the April 2025 private crossover financing and the June 2025 IPO at $21 a share
2. 2005 – 2011
   Caris Diagnosticssrc
   Chairman & CEO
   Texas gastrointestinal-pathology company and Caris Life Sciences' former parent; sold to Miraca Life Sciences in 2011
3. 1987 – 2004
   AdvancePCSsrc
   Founder, Chairman & CEO
   Prescription benefit plan administrator he founded in 1987; merged with CVS Caremark in 2004. The search summary puts the sale at $7.5bn and revenue above $15bn (WS-bio), not checked against a filing

Not located: 2004 to 2005, between the AdvancePCS merger and Caris Diagnostics, is not described in any source read

Achievements

• Founded Caris in 2008 and has been its Chairman and CEO from the start, through the June 2025 IPOsrc
• Founded AdvancePCS in 1987 and ran it as Chairman and CEO until its 2004 merger with CVS Caremarksrc
• Ran Caris Diagnostics, Caris Life Sciences' former parent, from 2005 until its 2011 sale to Miraca Life Sciencessrc
• GAAP net loss narrowed from $341.4m in FY2023 to $281.9m in FY2024 and $68.1m in FY2025src
• Beneficially owns 125.0m shares (43.9%), mostly through family partnerships and trusts he controlssrc

Education

• Abilene Christian University, BBA Business Administration (1978)src
• Abilene Christian University, D.Sc. (honorary) Honorary doctorate for precision medicine and philanthropysrc

Background

• Family His brother Jon S. Halbert, who co-founded AdvancePCS with him, has sat on the Caris board since 2014. The proxy names no other family relationship among directors and officerssrc
• Family His son was an employee from June 2011 and later Senior Vice President, Human Resources. He was not an executive officer. He left voluntarily under a transition agreement signed in November 2025, resigning on 2026-05-16, and received $435,930 in cash for 2025src
• Family He and his spouse personally guarantee the lease on the Irving, Texas head office, which runs to April 2028src
• Family Immediate family members bought 22,000 shares at the $21 IPO price through the directed share programsrc
• Giving He and his family created the Caris Foundation in 2002 and are its only funders. It is a private foundation that helps impoverished people meet basic needssrc
• Giving According to the search summary, he and his wife gave $15m toward the Halbert-Walling Research Center at Abilene Christian University, which opened in 2017src
• Other Three board members go back with him. Laura Johansen, an independent director on the compensation committee, ran his family office (Halbert & Associates) from 2004 to 2010 and was AdvancePCS general counsel. Danny Phillips, the audit chair, was AdvancePCS CFO. His brother Jon was AdvancePCS vice chairmansrc
• Other He has no change-in-control plan participation (all other senior executives have one) and no disclosed employment agreement, only an inventions-assignment agreementsrc