Content about president and CEO

May 11, 2011
Missouri's Rx-only PSE legislation moves to state Senate

Missouri’s House of Representatives on Monday voted 100 in favor and 50 opposed to reclassifying pseudoephedrine as a prescription-only remedy and subsequently moved the matter to the state Senate.

May 10, 2011
CVS Caremark releases 2010 corporate social responsibility report

CVS Caremark announced on Tuesday the release of its 2010 corporate social responsibility report, which provides an overview of the company's commitments to environmental stewardship, improving patient health outcomes and positively impacting people's lives through its social investments.

May 6, 2011
Former Supervalu executive joins iControl

Mike Jackson was named to the board of directors of iControl Systems USA, where he also will serve in the capacity of senior adviser to iControl president and CEO Tal Zlotnitsky.

May 6, 2011
Hats off to Ryan, Sammons

Neither one of the co-recipients of this year’s Fantle Award would want you to call it the end of an era. They would both tell you that’s an overstatement.

May 6, 2011
Merlo lets everyone know why PBM isn't going anywhere

With all the talk among the investment community and press about what CVS Caremark should do with its PBM business, it really comes as little surprise that president and CEO Larry Merlo hit the topic head on during Thursday's first-quarter conference call — insisting that there are no plans to split the company.

May 5, 2011
CVS off to ‘good start,’ Merlo says; company committed to PBM biz

CVS Caremark is “off to a good start” in 2011 as first-quarter results registered slightly above guidance for both the retail and PBM businesses, and the retail segment continues to gain share. But what president and CEO Larry Merlo wanted to clarify straight away during Thursday morning’s conference was the company’s commitment to its PBM division, and he outlined its plan to further improve PBM performance.

May 4, 2011
NACDS honors Tom Ryan, Mary Sammons with lifetime achievement awards

On the final evening of the National Association of Chain Drug Stores Annual Meeting in Scottsdale, the association for the first time honored two individuals in the same year with the Sheldon W. Fantle Lifetime Achievement Award: Mary Sammons, chairman of Rite Aid, and Tom Ryan, chairman of CVS Caremark.

May 2, 2011
NACDS elects new 2011-2012 officers at Annual Meeting

The National Association of Chain Drug Stores announced that Robert Loeffler will succeed Larry Merlo as the organization's new board of directors chairman, and also announced the appointment of several other elected officers, at its 2011 Annual Meeting.

April 29, 2011
Diplomat CEO receives Grant Thornton Leader & Innovator of the Year award

Diplomat Specialty Pharmacy president and CEO Phil Hagerman has been named the Grant Thornton Leader & Innovator of the Year, Diplomat said Friday.

April 28, 2011
Revlon reports upswing in Q1 net sales, income

Revlon, which recently added the Sinful Colors brand to its portfolio, announced on Thursday an upswing in first-quarter net sales and net income.

April 25, 2011
Are coupon ‘extremists’ bad for business?

Call it “the attack of the coupon-crazed shelf sweepers.” It’s the most aggressive form of bargain hunting by consumers willing to spend hours searching out coupon deals, to stock up with enough product to last their families for a year and to turn their homes into veritable warehouses.


April 25, 2011
Lewis overhaul plays up Rx

Lewis Drug has a new face, which not only places a greater emphasis on the front end, but also boasts a larger, revamped pharmacy. 


Those who have visited the newly opened store on Louise Avenue in Sioux Falls, S.D., undoubtedly will see the Lewis Drug store of the future, president and CEO Mark Griffin told Drug Store News in a recent interview.


April 25, 2011
Pharmaca picks up the pace

Pharmaca Integrative Pharmacy is targeting three new store openings in 2011 and between three and six new stores each year through 2015. It’s a pace that would put the company at approximately 44 locations in time for the chain’s 15th anniversary, Mark Panzer, Pharmaca president and CEO, recently told Drug Store News. 


April 25, 2011
RAD employs Rx initiatives, new format

Rite Aid recently has put into play a number of forward-looking initiatives to help improve operations, particularly across pharmacy. The Pennsylvania-based retailer last month announced its test market of six new Wellness store prototypes, and after successfully testing a 15-minute prescription guarantee in three states, Rite Aid expanded that guarantee to all states except New York. 


April 25, 2011
USA Drug gets back in growth mode

There’s nothing like a recession for focusing merchants on what matters most. For USA Drug, that meant concentrating on core markets, cutting costs and recharging its image for down-home value, neighborly service and a broadly merchandised front end focused on local consumer preferences.


April 25, 2011
Walgreens collects more than 15,000 lbs. of unused, expired medications

Walgreens’ Safe Medication Disposal Program, launched in September 2010 in partnership with Sharps Compliance, has collected more than 15,000 lbs. of unused or expired medications, Walgreens announced Monday.

April 25, 2011
Walmart gets back in on the action

Action Alley — branded feature displays and four-sided fixtures in the main aisles — marked its return to all Walmart stores this past holiday season, and signified Walmart’s return to promotional intensity.


April 19, 2011
Ill. governor tours nearby green Walgreens

As part of Earth Month in Illinois, Gov. Patrick Quinn Tuesday morning toured a Walgreens drug store in Oak Park that features the first geothermal energy system used in a chain drug store in the country, Walgreens stated in a release.

April 18, 2011
Diplomatic strategies

Healthcare is one of the fastest-growing segments of the American economy right now, and specialty pharmacy is no exception, especially as more baby boomers retire and as drug companies develop more sophisticated therapies.
But by growing, specialty pharmacy can add value to local economies, too. Specialty Pharmacy caught up with Diplomat president and CEO Phil Hagerman to talk about the company's growth strategies.

April 13, 2011
NACDS signs on for Partnership for Patients: Better Care, Lower Costs

The National Association of Chain Drug Stores said that it has signed on as a partner for a new public-private partnership, announced by the Department of Health and Human Services and Centers for Medicare & Medicaid Services, that seeks to improve patient health and lower healthcare costs through the use of community-based care transition programs.

April 11, 2011
Former Walmart executive named head of 8th & Walton

A provider of retailer supplier education services has named a 31-year Walmart veteran as its president and CEO.

April 11, 2011
Joshua Tree Skin Care names national sales manager

Joshua Tree Skin Care, a maker of organic and natural personal care products, has named Bryan Pappas national sales manager, focusing on national grocery and retailer department store chains, as well as national outdoor retailers.

April 6, 2011
BioScrip receives URAC accreditation

Washington-based healthcare accrediting organization URAC has awarded specialty pharmacy and mail-service pharmacy accreditation to BioScrip, the specialty pharmacy provider said Wednesday.

April 5, 2011
Diamond Foods expands portfolio with P&G's Pringles business

A Procter & Gamble potato chip brand will become part of Diamond Foods in a
deal valued at $2.35 billion.

April 4, 2011
Daiichi Sankyo appoints new CEO

Daiichi Sankyo's SVP commercial operations has taken on a new role at the company.

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