A longtime Laboratory Corp. of America Holdings in-house counsel will be the Burlington, North Carolina-based company’s next top lawyer as its chief legal officer retires.

In an 8-K filing Wednesday, LabCorp announced its senior vice president, chief legal officer and secretary F. Samuel Eberts III would retire on Feb. 11 after 15 years with the company. Eberts’ retirement agreement includes a $900,000 payment, the vesting of all his outstanding equity awards, his earned portion of LabCorp’s 2018 management incentive bonus and a year of health care coverage.