Fred’s promotes Liebmann to new COO pharmacy position

MEMPHIS, Tenn. — Fred’s on Friday announced that it had promoted its VP pharmacy services, Timothy Liebmann, to the newly created position of COO pharmacy, effective immediately. Liebmann will be succeeding the company’s retiring EVP pharmacy operations, Rick Chambers.

 

“We are indeed grateful to Rick for his many dedicated years of service to Fred's, having started his career with Fred's in 1992 as a pharmacist in one of the Company's stores and advancing quickly to his current position,” Fred’s CEO Jerry Shore said. “We wish him the best in his retirement. We are also very pleased to be able to promote a veteran with more than 25 years of proven leadership in the pharmacy industry to this important role.”

 

Liebmann joined the company in June from prescription benefit manager SUNRx, which he founded in 2007, serving as CEO and chairman until the company was acquired by MedImpact Healthcare Systems in 2012, and then serving as VP pharmacy until joining Fred’s. 

 

“Tim has an impressive track record, spanning a broad range of expertise and experience that includes all aspects of pharmacy management as well as financial and operational management,” Shore said. “We are confident that he will continue to build on our mission to improve lives of patients and customers by providing quality healthcare services.”