Drug Store News has rounded up all the retail pharmacy comings and goings to help keep you informed. Here are this week’s announcements.
Rite Aid names Thomas Sabatino chief legal officer
Rite Aid announced that Thomas Sabatino has joined the company as executive vice president and chief legal officer. The company said Sabatino will play a pivotal role in the company’s growth strategy to help create meaningful customer, client and member experiences for millions of Americans.
As chief legal officer, he will oversee the organization’s legal affairs, including enterprise risk management, compliance, regulatory affairs and privacy.
“As we continue to accelerate our performance and grow our capabilities, we are pleased to welcome Tom to the Rite Aid team,” said Busy Burr, interim CEO, Rite Aid. “We believe Tom’s proven leadership and extensive background in the healthcare industry and company transformations will help us further our mission to provide whole health for life to all of our customers.”
Sabatino will become a member of the company's executive leadership team and report to Burr. He brings four decades of experience in the legal field navigating complex business needs and was most recently the executive vice president and general counsel at Tenneco, Inc. His expertise runs deep in the healthcare industry with previous executive roles at Aetna, Walgreen Boots Alliance, Schering Plough Corp. and Baxter International Inc.
Sabatino currently serves as a member of the Board of Directors of the Humane Society of the United States and the South Florida Wildlife Center. He is chair emeritus of the International Institute for Conflict Prevention and Resolution and is on the Board of Advisors of the University of Pennsylvania Carey School of Law.
“This is an exciting time to join Rite Aid and be part of a performance-driven workforce focused on revitalizing operations and making a meaningful impact on improving health outcomes for all people,” said Sabatino. “I look forward to supporting these efforts while strengthening our internal legal, compliance, and governance-related capabilities so that Rite Aid remains uniquely positioned to realize its vision for the modern pharmacy.”
NIQ Appoints Jacqueline Flam as senior vice president of beauty retail
Consumer intelligence provider, NIQ, has appointed Jacqueline Flam as senior vice president of US Beauty Retail. This strategic move coincides with the rollout of an enriched range of offerings tailored specifically to NIQ's retail beauty clients, the company said.
With more than two decades of experience in beauty business leadership, Flam will be responsible for empowering beauty retailers to elevate their consumer understanding while surpassing their inclusivity, branding and commerce objectives.
"As a staunch advocate for beauty retailers, this role is a dream come true for me,” Flam said. “NIQ empowers retail leaders to tap into the world's most comprehensive and multi-dimensional beauty market and consumer data, enabling them to transform it into insights, innovations, consumer experiences, and commerce opportunities that propel them ahead of the market. This mission is of utmost importance, particularly as the current generation of boundary-free consumers demands more. With NIQ, our beauty retail partners can deliver on those Expectations."
In addition to the appointment of Jacqueline Flam, NIQ has made a series of significant investments and enhancements to its retail beauty offerings over the past year. These initiatives encompass acquisitions and investments in entities such as Label Insight, Cornerstone Capabilities, Rakuten Intelligence, data impact, foxintelligence, ciVALUE, and CGA. The company said these assets have now been seamlessly integrated into NIQ's data platform, offerings, and services, broadening the scope for beauty retailers and endowing them with even greater insights and control.
"These investments embody our Full View promise to our clients, enabling them to gain a deeper understanding of today's dynamic market and consumers, from initial inspiration to final transaction," said Tara James Taylor, SVP of Global Beauty. "Our clients rely on us to minimize uncertainty and enhance the predictability of their investments. That's precisely what we're accomplishing by equipping them with the resources to navigate the next wave of beauty retail customer experience, growth, and commerce."
HRG announces promotions for 3 staffers
HRG has acknowledged the accomplishments of three of their associates and promoted them. Steve Hill was elevated to PC development/technical analyst lead and Cat Renwick and Noah Rosenthal were both promoted to category analysts.
Hill has been with HRG since 2019. In his new role, HRG’s developer team will report to him, and he will be responsible for managing their workloads and mentoring their professional growth as well as being the communication liaison with internal departments requesting development work. Additionally, he will continue to manage various internal and external projects within the organization and be responsible for researching emerging technologies, including artificial intelligence and robotic process automation.
Renwick and Rosenthal both joined HRG in 2020 as merchandising analysts. As category analysts they are responsible for certain health, beauty, and wellness categories and reviewing the relevant products for inclusion in HRG planograms for independent pharmacies. They both also get involved in special projects. Renwick has built custom planograms for a variety of retail channels as well as beauty brands. She has a special interest in consumer behavior and shopper psychology which she leans on as she creates planograms that are intended to provide a great shopping experience.
“Promotions are not just about reaching higher positions,” Beth Maas, human resources director at HRG, said. “They are a testament to an employee’s dedication, growth, and potential. This is a celebration of their achievement and a reaffirmation of our belief in their capabilities. We view promotions as a strategic investment in our employees’ futures, fostering a culture of continuous improvement and providing opportunities for them to thrive and contribute to the organization’s success.”
EmpiRx Health names healthcare and technology veteran Danny Sanchez as CEO
EmpiRx Health has announced that the company's president, Danny Sanchez, will be its new CEO.
As part of a planned transition, Sanchez succeeds Karthik Ganesh, who has served as president and then CEO of EmpiRx Health during the past five years.
"EmpiRx Health is now the PBM of choice for self-funded plan sponsors looking for a highly differentiated level of care, savings, and service," said Ganesh. "Despite our incredible growth and business results over the years, we have never lost sight of the fact that we are a healthcare company first. I have immense confidence in Danny's ability to not just drive exponential growth, but to also stay true to EmpiRx Health's core mission of improving our corner of healthcare, one patient and one client at a time."
Sanchez joined EmpiRx Health in February 2023, bringing more than 20 years of broad-based healthcare industry experience. Prior to joining EmpiRx Health, Sanchez worked for more than 18 years at Omnicell, the global healthcare technology company. Most recently, Sanchez served as senior vice president and general manager of EnlivenHealth, the Omnicell division that builds digital technology solutions for the retail pharmacy industry.
"I truly believe this is an historic moment for EmpiRx Health, especially as traditional PBMs come under increased scrutiny for their fundamentally flawed business approach that prioritizes drug volume to fuel profits," said Sanchez. "I want to thank Karthik for building this organization into the thriving and formidable industry change-maker that it is today. I have been so impressed with how EmpiRx Health has successfully transformed the PBM industry for the benefit of clients and their employee populations nationwide and as CEO, I am thrilled to further our company mission to revolutionize the healthcare benefits industry."