Tim Barry steps down from VillageMD
Tim Barry, CEO and co-founder of VillageMD has stepped down as CEO and board chair.
Jim Murray, VillageMD’s chief operations officer is replacing Barry on an interim basis.
Molly Lynch, a VillageMD spokesperson, provided Drug Store News with a statement, which read, “Tim Barry has stepped down as CEO and Board Chair. The Board has appointed VillageMD Chief Operations Officer Jim Murray to serve as Interim Chief Executive Officer. Effective immediately, Murray assumes day-to-day leadership responsibilities to ensure a smooth transition and continuity of care. VillageMD reaffirms its commitment to providing high-quality, accessible health care services for individuals and communities across the United States."
Barry founded VillageMD in 2013.
[Read more: Walgreens Boots Alliance considering options for VillageMD business]
In August, Drug Store News reported that Walgreens Boots Alliance said it was exploring options for VillageMD, doctor staffed clinics, including a sale of all or part of the VillageMD businesses, according to an SEC filing.
[Read more: Industry Issues Summit: How VillageMD is transforming health care]