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Smith to retire at end of 2008, CVS announces executive moves

7/2/2008

WOONSOCKET, R.I. CVS announced on Wednesday announced several executive moves, including the retirement of Kevin Smith, senior vice president of supply chain and logistics, at the end of 2008.

Smith has been with CVS for the past eight years and made numerous contributions to the organization, including the integration of six new distribution centers.

Until his retirement, Smith will remain with CVS as the head of its Environmental Leadership Council to help build the foundation for the company’s environmental and sustainability practices. He will drive the assessment of the company’s environmental footprint, identify risks and opportunities, and help set short- and long-term goals in this area.

In other moves, Ron Link has been promoted to senior vice president of logistics, reporting to Larry Merlo, president of CVS—Retail. He will be responsible for leading the company’s logistics division in managing inventory and capacity, developing distribution solutions and providing best in class logistics service to CVS’ 6,300 stores.

Link joined CVS in 1994 as the director of the Lumberton, N.J., distribution center. He was promoted to vice president of logistics in 1999. Hi accomplishments during his career at CVS including leading the integration of 11 acquired distribution centers while driving strategies to improve service to CVS stores.

Dana Lilly has been promoted to vice president of distribution operations, reporting to Link. Lilly most recently served as the regional director of distribution operations. In his new role, Lilly will be responsible for all distribution center operations in the company’s 15 facilities, logistics planning and optimizing transportation effectiveness, including the development of strategies to drive service levels, order quality and on-time performance to CVS stores.

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