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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.

WASHINGTON — Moving a step closer to filling a leadership void, the American Pharmacists Association Foundation said Monday it has tapped The Bernard Consulting Group, an executive search firm, to assist with the search for the next executive director and CEO of the organization.

DENVER — One of the nation's largest brewing companies has appointed a new member to serve on its board of directors.

Brian Goldner, president and CEO of Hasbro, joined Molson Coors' board, effective immediately. Goldner is the ninth independent director following a search to replace Pam Patsley, who stepped down as a director in December 2009. The Molson Coors board of directors is comprised of 14 directors.

PURCHASE, N.Y. — A former Wyeth executive has been named PepsiCo's EVP global corporate affairs.

Tim Cost, who will report to PepsiCo chairman and CEO Indra Nooyi, officially will join the company Dec. 1. In the newly created position, Cost will be responsible for strengthening and protecting PepsiCo's corporate reputation and strategically aligning its communications, public policy, foundation, investor relations, global health and agricultural policy, and regulatory agendas.

NEW YORK Loss of patent protection for branded drugs and subsequent competition from generics could save the U.S. healthcare system $70 billion or more over the next four years, according to published reports.

Reuters reported IMS Health SVP Murray Aitken as saying at the Reuters Health Summit that generics also would increase their dominance in terms of prescriptions dispensed, increasing from 77% during the first half of this year to perhaps 85% by 2014.

CHICAGO The Board of Trustees of the American Medical Association and Michael Maves, AMA EVP and CEO, have mutually decided that Maves will complete his leadership of the AMA when his current contract ends June 30, 2011.

HUENENBERG, Switzerland Eye care company Alcon has appointed a new executive.

The Swiss drug maker announced Monday the appointment of Robert Karsunky as SVP and CFO, effective Nov. 1. He succeeds Richard Croarkin, who has served as Alcon’s CFO since August 2007.

PROVO, Utah Orabrush, the tongue cleaner that is designed to help cure bad breath, has named former Procter & Gamble executive Jeff Davis as its new CEO.

The company also announced an infusion of capital by 2x Consumer Products Growth Partners, which has invested in such companies as gDiapers eco-friendly diapers, Tasty Bite Indian foods, Eagle snacks and Wellness & Old Mother Hubbard all-natural foods for pets.

ST. PAUL, Minn. UltiMed, a company that makes insulin-delivery devices, has named a new executive.

The company announced the appointment of Brahim Zabeli as VP diabetes care for the U.S. market. In the new role, Zabeli will manage commercial activity, including sales, marketing and customer service.

Zabeli previously worked as director of trade and managed markets for medical supply company Becton, Dickinson & Co.

CAMDEN, N.J. Campbell Soup Co.'s chief executive is retiring at the end of the company's fiscal year.

Doug Conant will step down from his role as president and CEO, a position he has held since 2001, on July 31, 2011, the company said Tuesday. Campbell's board of directors appointed EVP and COO Denise Morrison to lead the company at the beginning of fiscal 2012. Morrison also has been elected a director of the company as of Oct. 1.

NEW YORK Revlon has hired Julia Goldin as SVP and global chief marketing officer, overseeing all marketing activities for its portfolio of brands, including Revlon, Almay Revlon ColorSilk, Revlon beauty tools and Mitchum.

Goldin, who has more than 20 years of experience within the consumer packaged goods industry, most recently served as SVP and deputy chief marketing officer of Coca-Cola Japan, where she oversaw the company's coffee business. Prior to that, she led Coca-Cola's marketing in the United Kingdom and later in northwest Europe.