Content about president , CEO

MINNEAPOLIS — Supervalu on Monday named Sam Duncan president and CEO. In this role he succeeds Wayne Sales, who has served as the company’s president and CEO since July 2012. The succession was first reported last month, when Supervalu announced its agreement with AB Acquisition to sell five of its retail banners as well as enter into an agreement with Symphony Investors to conduct a tender offer for up to 30% of Supervalu's outstanding common stock. 

ST. PAUL, Minn. — The leader of pharmacy benefit manager Prime Therapeutics will be the keynote speaker at a specialty pharmacy conference Thursday.

Prime said president and CEO Eric Elliott would deliver the keynote speech, titled "Specialty Pharmacy Benefit - The Employer's Perspective" at the first annual Therigy Specialty Pharmacy Leadership Congress in Orlando, Fla.

WHAT IT MEANS AND WHY IT’S IMPORTANT — Supervalu now is in full turnaround mode, and with the naming of Wayne Sales as CEO to lead the charge, analysts are saying the Canadian retail executive who helped turn around Canadian Tire is the right man for the job. But Supervalu still has plenty of heavy lifting to do.

(THE NEWS: Supervalu names new president, CEO. For the full story, click here)

PITTSBURGH — GNC Holdings on Friday elected company president and CEO Joseph Fortunato to serve as chairman. The board also has appointed Michael Hines to serve as lead independent director.

Fortunato succeeds Norman Axelrod, who has resigned as chairman. Axelrod had been a member of the GNC board since March 2007.

NEWTON SQUARE, Pa. — Boiron on Monday named Janick Boudazin as president and CEO.

“There is a rising awareness of homeopathy happening nationwide,” Boudazin stated. “Healthcare professionals, especially pediatricians and nurses, are embracing natural medicines more and more. Consumers are looking for safe, natural and reliable choices when it comes to treatment options for themselves and their family members. Homeopathic medicines fulfill this important niche.”

RALEIGH, N.C. — A joint venture between Suntory International and PepsiCo has appointed a new leader.

Paul Finney has been appointed president and CEO of Pepsi Bottling Ventures, who has served as SVP sales and marketing at the company since 2006. Finney replaces Keith Reimer, who retired on Dec. 31.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The news that Shoppers Drug Mart has appointed former McKesson Canada executive Domenic Pilla as its new president and CEO not only is significant news in its own right, but also is important as Pilla will inherit a chain that is wrestling with the impact of drug reforms in several provinces and faces its share of competitive challenges.

BRIDGEWATER, N.J. — Chirag Patel and Chintu Patel, who respectively are the president and CEO of Amneal Pharmaceuticals, recently received the Ernst & Young Entrepreneur of the Year award.

The executives received the 2011 New Jersey Award in the pharmaceutical and medical technology category, which was presented at a gala event last month.

BATTLE CREEK, Mich. — Kellogg's president, CEO and company director David Mackay announced that he will retire from his post, effective Jan. 1.

The announcement is part of Kellogg's succession plan, which named current COO and board member John Bryant — who joined Kellogg in 1998 — as the company's new president and CEO. Mackay will work closely with Bryant to ensure a smooth transition through March 31, 2011, the company said.