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NEW YORK — Longtime CVS/pharmacy executive Mike Bloom has resigned from the company and will serve as president and COO of Family Dollar Stores.
“Mike Bloom, EVP of merchandising and supply chain, has resigned from the company. We thank him for his many contributions to the success of our retail business over the past 19 years and wish him luck in his future endeavors,” stated Carolyn Castel, VP of corporate communications at CVS Caremark, in a statement sent to Drug Store News.
Ron Link, SVP of logistics, and Richard Widdowson, VP of inventory replenishment, will report to Scott Baker, EVP of operations, real estate and supply chain. Judy Sansone, VPMM, will assume responsibility for the merchandising organization at CVS/pharmacy.
In addition to hiring Bloom, Family Dollar Stores, which operates more than 7,000 stores across 44 states, has promoted Dorlisa Flur as vice chair, strategy and chief administrative officer. Both Bloom and Flur will report to Howard Levine, chairman and CEO.
Flur joined Family Dollar in 2004 as SVP of strategy and business development. In October 2008, Flur was promoted to EVP of strategy and marketing, and in August 2009 was promoted to EVP and chief merchandising officer.
The appointments follow the announced retirement of R. James Kelly as Family Dollar’s president and COO after 15 years with the company. Kelly will serve as vice chair over the next six months, working closely with Bloom and Flur to assist in the transition.
In March 2010, Bloom was promoted to EVP merchandising and supply chain for CVS/pharmacy, leading an integrated end-to-end network, managing store layout as well as the selection, purchasing, inventory and supply of product to CVS stores. Bloom joined CVS as part of the People's Drug Store acquisition in 1991. He served as VPMM for consumer health care and later led the Life store prototype initiative. He was promoted to SVP merchandising in 2003 and SVP of merchandising and supply chain in 2009.