Content about Thomas Ryan

March 26, 2012

As part of the Executive Viewpoint video series, DSN editor in chief Rob Eder sat down with Larry Merlo, president and CEO of CVS Caremark, to discuss CVS Caremark's integrated pharmacy model and the future of health care in America.

As part of the Executive Viewpoint video series, DSN editor in chief Rob Eder sat down with Larry Merlo, president and CEO of CVS Caremark, to discuss CVS Caremark's integrated pharmacy model and the future of health care in America.

December 5, 2011

The year 2011 has shaped up to be quite the year for CVS Caremark, with Larry Merlo taking the helm following the retirement of Tom Ryan, longtime CVS/pharmacy executive Mike Bloom resigning and Judy Sansone assuming responsibility for the merchandising organization at CVS/pharmacy.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The year 2011 has shaped up to be quite the year for CVS Caremark, with Larry Merlo taking the helm following the retirement of Tom Ryan, longtime CVS/pharmacy executive Mike Bloom resigning and Judy Sansone assuming responsibility for the merchandising organization at CVS/pharmacy. Well, the year isn't over yet, and Grant Pill — who is regarded as a bright, young merchant — now has responsibility for one of the most critical areas of CVS' business.

October 14, 2011

Global private equity firm Advent International has announced that Tom Ryan, former chairman and CEO of CVS Caremark, has joined the firm’s Operating Partner Program. In this role, Ryan will advise and work closely with Advent’s investment professionals to identify opportunities and generate post-investment value at retail and healthcare companies globally.

BOSTON — Global private equity firm Advent International has announced that Tom Ryan, former chairman and CEO of CVS Caremark, has joined the firm’s Operating Partner Program. In this role, Ryan will advise and work closely with Advent’s investment professionals to identify opportunities and generate post-investment value at retail and healthcare companies globally.

October 11, 2011

CVS Caremark’s annual meeting of shareholders in May was of special importance as it marked the official retirement of former chairman and CEO Tom Ryan, who left the growing company in the hands of a strong, capable new leader — Larry Merlo.


CVS Caremark’s annual meeting of shareholders in May was of special importance as it marked the official retirement of former chairman and CEO Tom Ryan, who left the growing company in the hands of a strong, capable new leader — Larry Merlo.


“I’m passing [the company over] to a great leader, one whom I respect and who knows this business. Larry will take this company to great heights,” Ryan told shareholders in May.


October 11, 2011

Over the years, CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts.


Over the years, CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts.


May 23, 2011

It was a busy 2011 Annual Meeting. And DSN covered it all.

CVS Caremark’s Larry Merlo passed the NACDS chairman’s gavel to H-E-B’s Bob Loeffler. Tom Ryan and Mary Sammons were first-time-ever co-recipients of the Sheldon Fantle Lifetime Achievement Award. NACDS announced it would consolidate its show calendar in 2013. … It was a busy 2011 Annual Meeting. And DSN covered it all. If you missed our Show Dailies, click here to see what our cameras saw.

May 23, 2011

Neither one of the co-
recipients of this year’s Fantle Award would want you to call it the end of an era. 


Neither one of the co-
recipients of this year’s Fantle Award would want you to call it the end of an era. 


May 13, 2011

As reported, CVS Caremark's annual meeting of stockholders was of special importance as it marked the beginning of a new chapter for both CVS Caremark and its former chairman and CEO Tom Ryan, who officially retired from the company after more than 30 years of service.

WHAT IT MEANS AND WHY IT'S IMPORTANT — As reported, CVS Caremark's annual meeting of stockholders was of special importance as it marked the beginning of a new chapter for both CVS Caremark and its former chairman and CEO Tom Ryan, who officially retired from the company after more than 30 years of service.

(THE NEWS: CVS' Merlo outlines factors for future growth. For the full story, click here)

May 11, 2011

CVS Caremark’s annual meeting of stockholders held Wednesday morning was an emotional and momentous occasion for the company as it marked the official retirement of Tom Ryan, former chairman and CEO, and the beginning of a new chapter as Larry Merlo takes the reigns as CEO.

WOONSOCKET, R.I. — CVS Caremark’s annual meeting of stockholders held Wednesday morning was an emotional and momentous occasion for the company as it marked the official retirement of Tom Ryan, former chairman and CEO, and the beginning of a new chapter as Larry Merlo takes the reigns as CEO.

May 6, 2011

Neither one of the co-recipients of this year’s Fantle Award would want you to call it the end of an era. They would both tell you that’s an overstatement.

WHAT IT MEANS AND WHY IT'S IMPORTANT — Neither one of the co-recipients of this year’s Fantle Award would want you to call it the end of an era. They would both tell you that’s an overstatement.

(THE NEWS: NACDS honors Tom Ryan, Mary Sammons with lifetime achievement awards. For the full story, click here)

May 4, 2011

On the final evening of the National Association of Chain Drug Stores Annual Meeting in Scottsdale, the association for the first time honored two individuals in the same year with the Sheldon W. Fantle Lifetime Achievement Award: Mary Sammons, chairman of Rite Aid, and Tom Ryan, chairman of CVS Caremark.

SCOTTSDALE, Ariz. — On the final evening of the National Association of Chain Drug Stores Annual Meeting in Scottsdale, the association for the first time honored two individuals in the same year with the Sheldon W. Fantle Lifetime Achievement Award: Mary Sammons, chairman of Rite Aid, and Tom Ryan, chairman of CVS Caremark.

March 1, 2011

As previously announced and widely reported, March 1 marks the day that Larry Merlo officially assumes the role of CEO of CVS Caremark.

WOONSOCKET, R.I. — As previously announced and widely reported, March 1 marks the day that Larry Merlo officially assumes the role of CEO of CVS Caremark. Merlo, who now serves as president and CEO, succeeds Tom Ryan, who remains nonexecutive chairman until his retirement at the company's annual meeting of shareholders in May.

Upon Ryan's retirement as chairman in May, the company intends to elect CVS Caremark board member David Dorman as the next nonexecutive chairman at the 2011 annual meeting. Dorman has been on the CVS Caremark board of directors since 2006.

February 3, 2011

What will define success for CVS Caremark in the years ahead? If you ask incoming CEO Larry Merlo, it all comes down to three things: flawless execution, cross-functional thinking and management, and enhancing value. Not coincidentally, those are three key reasons Merlo inherited the top spot at the company.

WOONSOCKET, R.I. — What will define success for CVS Caremark in the years ahead? If you ask incoming CEO Larry Merlo, it all comes down to three things: flawless execution, cross-functional thinking and management, and enhancing value. Not coincidentally, those are three key reasons Merlo inherited the top spot at the company.

January 24, 2011

The next chapter for CVS Caremark officially is under way as the company announced on Monday the next stage of its previously announced transition plan and officially named Larry Merlo, president and COO, as CEO, effective March. 1.

WOONSOCKET, R.I. — The next chapter for CVS Caremark officially is under way as the company announced on Monday the next stage of its previously announced transition plan and officially named Larry Merlo, president and COO, as CEO, effective March. 1.

Tom Ryan, chairman, president and CEO, will remain nonexecutive chairman until his retirement at the company’s annual meeting of shareholders in May.

December 21, 2010

The work of 62 nonprofit organizations in Rhode Island and Massachusetts received a boost with support from funds generated by the 2010 CVS Caremark Charity Classic.

WOONSOCKET, R.I. — The work of 62 nonprofit organizations in Rhode Island and Massachusetts received a boost with support from funds generated by the 2010 CVS Caremark Charity Classic.

CVS Caremark's chairman and CEO, Tom Ryan, along with PGA Tour Professionals and CVS Caremark Charity Classic co-hosts Billy Andrade and Brad Faxon, presented more than $1.3 million to area charities at the company's customer support center headquarters.

December 3, 2010

CVS Caremark announced on Friday that former Walmart North executive Hank Mullany will succeed Larry Merlo as president of CVS/pharmacy. The move is part of the corporate succession plan announced last May in which Tom Ryan will retire as CEO prior to the next annual meeting and Merlo will step up as CEO.

WOONSOCKET, R.I. — CVS Caremark announced on Friday that former Walmart North executive Hank Mullany will succeed Larry Merlo as president of CVS/pharmacy. The move is part of the corporate succession plan announced last May in which Tom Ryan will retire as CEO prior to the next annual meeting and Merlo will step up as CEO.

November 2, 2010

CVS Caremark announced on Wednesday that third-quarter results were at the higher end of its...

October 14, 2010

Under a settlement reached with the Drug Enforcement Administration and the U.S. Attorneys' Offices for...

October 7, 2010

The theme of CVS Caremark’s 2010 analyst meeting held Friday morning here in New York...

October 6, 2010

CVS Caremark has appointed Jonathan Roberts as COO of its pharmacy benefit management business. He...

June 22, 2010

Connecticut Attorney General Richard Blumenthal has announced an investigation of CVS Caremark's threat to terminate...

June 8, 2010

Following an announcement that its pharmacy benefit management business no longer would be used by...

June 6, 2010

After spending 36 years with CVS Caremark, Tom Ryan, chairman, president and CEO, will retire...

June 6, 2010

And there is a good reason for it....

And there is a good reason for it.

You probably have already noticed, this issue is jammed with great stuff, from our special report, 7 Deadly Sins of SKU Rationalization, to the exclusive Retail Store of the Year section, highlighting winners from Drug Store News’ sister publication Chain Store Age’s annual store design competition. There just isn’t a lot of room for me and my opinion in this issue.

May 16, 2010

If you ask Tom Ryan, it’s more about the offer and the outcomes than it...