Content about EVP and CFO

ROCHESTER, N.Y. — Bausch + Lomb on Tuesday named Robert Bertolini as president and CFO effective immediately. In this capacity, he will oversee the company's finance, information technology and global quality and operations functions. Bertolini, who assumes CFO responsibilities from Brian Harris, will report to Bausch + Lomb CEO Brent Saunders.  

MISSISSAUGA, Ontario — The company that operates Canada's Rexall and Rexall Pharma Plus retail pharmacy chains has hired on a former Sears Canada executive.

Katz Group Canada announced Monday the appointment of Sharon Driscoll as EVP and CFO.

MINNEAPOLIS — Former Unilever Group executive has been appointed EVP and CFO of Regis, a provider of beauty salons, hair restoration centers and cosmetology education.

A carrot, a stick and a face-to-face encounter. Those are the tools that will chisel away at healthcare costs, noted Wade Miquelon, Walgreens EVP and CFO. And Walgreens is uniquely positioned to help realize those savings. 


To lower costs, you could raise co-pays or premiums to discourage unhealthy behaviors like smoking, poor diet or lack of exercise. That’s the stick. On the other hand, you could waive co-pays or a reduce premiums to help encourage healthy behaviors like regular checkups or disease-state management programs. That’s the carrot. 


MONTREAL — Valeant Pharmaceuticals CFO Howard Schiller has been appointed to the drug maker's board of directors.

Schiller joined Valeant as EVP and CFO in December 2011, following a 24-year career at Goldman Sachs. Schiller also serves on the New York board of Teach for America and on the board of the Cancer Research Institute. In addition, he also is on the business advisory council of the University of Chicago Law School.

CARLISLE, Pa. — An Ahold USA executive has received honors from a New England business publication.

Ahold USA announced Tuesday that EVP and CFO Paula Price was named 2012 CFO of the Year in the public company category by the Boston Business Journal and was honored at the newspaper's annual luncheon last Wednesday. Ahold USA, a subsidiary of Netherlands-based Royal Ahold, operates the Stop & Shop, Giant-Landover and Giant-Carlisle supermarket chains and the Peapod online grocery service.

DEERFIELD, Ill. — The days of Walgreens quarterly conference calls focusing primarily on lost prescriptions from the Express Scripts pharmacy network soon may be over with the retail pharmacy's announcement early Tuesday morning that Walgreens and the U.K. pharmacy operation Alliance Boots would merge.

MATTHEWS, N.C. — Family Dollar has named Mary Winston to the position of EVP and CFO. Winston will report to Howard Levine, chairman and CEO, and will have executive responsibility for Family Dollar’s financial operations, including accounting, treasury, tax, financial planning, investor relations and internal audit.

DEERFIELD, Ill. — Walgreens posted March sales of $6 billion, a decrease of 4.3% compared with the same month in fiscal year 2011.

FRANKLIN, Tenn. — Acadia Healthcare on Wednesday announced that it has named Walgreens veteran Wade Miquelon to its board of directors.

"Wade Miquelon brings tremendous expertise in a range of disciplines to Acadia, as well as valuable perspectives from his work with both large established companies and young growth companies," stated Joey Jacobs, Acadia chairman and CEO. "We welcome Wade to the board, confident of his ability to contribute to the company's long-term growth in earnings and shareholder value."

NEW YORK — Walgreens took to the road the week before Thanksgiving to talk turkey with analysts on why Walgreens is a good bet going into 2012, even if the pharmacy won't be participating in the Express Scripts pharmacy network this coming year.

MINNEAPOLIS — The unexpected announcement that Target EVP and CFO Doug Scovanner will retire on March 31, 2012, has investors speculating about the reasons for his departure following the recent exit of other key executives.

Analysts at Bernstein Research pointed to the fact that no successor has been named, suggesting that the retirement was not a long-planned event. However, the firm said it believed that despite the unexpected news, this appeared to be a true retirement and doesn't anticipate seeing Scovanner in a CFO role at another major company.