Content about president and CEO

September 23, 2011

The Food Marketing Institute and the Grocery Manufacturers Association have teamed up for a consumer education campaign that expresses their support of the food and beverage industry's front-of-pack nutrition labeling system.

WASHINGTON — The Food Marketing Institute and the Grocery Manufacturers Association have teamed up for a consumer education campaign that expresses their support of the food and beverage industry's front-of-pack nutrition labeling system.

September 22, 2011

Hershey's president and CEO, J.P. Bilbrey, announced changes to the chocolate giant's global leadership team.

HERSHEY, Pa. — Hershey's president and CEO, J.P. Bilbrey, announced changes to the chocolate giant's global leadership team.

Bilbrey said that Bert Alfonso has been named EVP, CFO and chief administrative officer; Michele Buck has been named SVP and chief growth officer; and Mike Wege has been named SVP and chief commercial officer. The executives joined Hershey in 2006, 2005 and 2002, respectively.

September 22, 2011

Rite Aid increased sales and narrowed losses in second quarter 2012 as its Wellness+ loyalty card program continued to grow and its new Wellness store format saw continued expansion.

CAMP HILL, Pa. — Rite Aid increased sales and narrowed losses in second quarter 2012 as its Wellness+ loyalty card program continued to grow and its new Wellness store format saw continued expansion.

The company reported sales of $6.3 billion, a 1.8% increase over second quarter 2011's $6.2 billion. Losses were $92.3 million, compared with $197 million in the same period last year.

September 19, 2011

The industry has lost a true “patriot of pharmacy practice.”

NORTH BETHESDA, Md. — The industry has lost a true “patriot of pharmacy practice.”

Drug Store News is saddened to report the passing Friday evening of longtime industry veteran Leonard “Len” DeMino. DeMino was 81.

September 15, 2011

It seems that Hain Celestial is stepping up its product development by adding an almond milk-based yogurt to its portfolio.

MELVILLE, N.Y. — It seems that Hain Celestial is stepping up its product development by adding an almond milk-based yogurt to its portfolio.

September 14, 2011

The National Association of Chain Drug Stores has praised a review article published in this week’s Archives of Internal Medicine, which stated that community pharmacists figure prominently in the successful management of cardiovascular disease risk factors in outpatients, such as reductions in blood pressure and cholesterol.

ALEXANDRIA, Va. — The National Association of Chain Drug Stores has praised a review article published in this week’s Archives of Internal Medicine, which stated that community pharmacists figure prominently in the successful management of cardiovascular disease risk factors in outpatients, such as reductions in blood pressure and cholesterol.

September 12, 2011

Kerr Drug president and CEO Tony Civello has been named "Tarheel of the Week" by the Raleigh, N.C., News & Observer.

RALEIGH, N.C. — Kerr Drug president and CEO Tony Civello has been named "Tarheel of the Week" by the Raleigh, N.C., News & Observer.

In a story published in its Sunday edition, the newspaper emphasized Civello's efforts to expand the healthcare services that pharmacies provide, something that has been a hallmark of his leadership of Kerr Drug.

September 12, 2011

The Generic Pharmaceutical Association has named Ralph Neas as its new president and CEO.

EXECUTIVE NEWS — The Generic Pharmaceutical Association has named Ralph Neas as its new president and CEO. Neas, currently president and CEO of the National Coalition on Health Care, replaces Kathleen Jaeger, who stepped down as president and CEO of GPhA in May 2010 after eight years with the organization. The GPhA said it planned to spend September introducing Neas to stakeholders in a broad outreach effort.


September 7, 2011

The Council for Responsible Nutrition on Wednesday announced that former White House press secretary Robert Gibbs will be a featured speaker at The Conference, CRN’s annual symposium for the dietary supplement industry.

WASHINGTON — The Council for Responsible Nutrition on Wednesday announced that former White House press secretary Robert Gibbs will be a featured speaker at The Conference, CRN’s annual symposium for the dietary supplement industry.

September 7, 2011

The Generic Pharmaceutical Association has named Ralph Neas as its new president and CEO, the group said Wednesday.

WASHINGTON — The Generic Pharmaceutical Association has named Ralph Neas as its new president and CEO, the group said Wednesday.

Neas, currently president and CEO of the National Coalition on Health Care, replaces Kathleen Jaeger, who stepped down as president and CEO of GPhA in May 2010 after eight years with the organization. The GPhA said it planned to spend September introducing Neas to stakeholders in a broad outreach effort.

September 7, 2011

Associated Food Stores president and CEO Richard Parkinson announced he will retire from his position after serving in the role for nearly two decades.

SALT LAKE CITY — Associated Food Stores president and CEO Richard Parkinson announced he will retire from his position after serving in the role for nearly two decades.

Parkinson officially will exit the company on Nov. 10, the company said. Following Parkinson's departure, Associated EVP and president of Fresh Market, Neal Berube, will fill the position of president and CEO.

August 29, 2011

National Association of Chain Drug Stores president and CEO Steve Anderson emphasized the value of pharmacy for payers and patients, and hailed the industry as one whose “future vision is nothing short of transformative,” during his remarks at Monday morning's business session at the NACDS Pharmacy and Technology Conference.

BOSTON — National Association of Chain Drug Stores president and CEO Steve Anderson emphasized the value of pharmacy for payers and patients, and hailed the industry as one whose “future vision is nothing short of transformative,” during his remarks at Monday morning's business session at the NACDS Pharmacy and Technology Conference.

August 25, 2011

Southeastern discount banner Fred's on Thursday morning reported that the consumer continues to be challenged by economic pressures.

MEMPHIS, Tenn. — Southeastern discount banner Fred's on Thursday morning reported that the consumer continues to be challenged by economic pressures. "In key markets we continue to see swings in sales [tied to] the payroll cycle," Bruce Efird, Fred's president and CEO, told analysts during a conference call this morning. Efird also reported an increase in government assistance utilization.

August 22, 2011

Walgreens on Monday named Thomas Sabatino Jr. EVP, general counsel and corporate secretary, effective Sept. 12.

DEERFIELD, Ill. — Walgreens on Monday named Thomas Sabatino Jr. EVP, general counsel and corporate secretary, effective Sept. 12.

Sabatino replaces Dana Green, who is retiring after 37 years with the company, Walgreens stated.

August 18, 2011

Prescription drug costs “cannot be viewed in a vacuum” and pharmacist-provided medication therapy management and counseling must be considered in any comprehensive cost-benefit analysis, the National Association of Chain Drug Stores and National Community Pharmacists Association urged in a joint statement issued on Thursday amid the release of two studies on medication adherence.

ALEXANDRIA, Va. — Prescription drug costs “cannot be viewed in a vacuum” and pharmacist-provided medication therapy management and counseling must be considered in any comprehensive cost-benefit analysis, the National Association of Chain Drug Stores and National Community Pharmacists Association urged in a joint statement issued on Thursday amid the release of two studies on medication adherence.

August 18, 2011

A provider of urgent care, wellness and employer health services throughout Florida is planning to offer more than 50 jobs statewide.

JACKSONVILLE, Fla. — A provider of urgent care, wellness and employer health services throughout Florida is planning to offer more than 50 jobs statewide.

Solantic said the new jobs will support the company's decision to extend its hours of operation in all markets.

August 16, 2011

Despite the absence of top line growth at Walmart’s U.S. stores division, second-quarter earnings grew 12.4% to $1.09 and came in a penny ahead of analysts’ estimates, which was enough for the company to narrow and increase the range of its full-year profit forecast.

BENTONVILLE, Ark. — Despite the absence of top line growth at Walmart’s U.S. stores division, second-quarter earnings grew 12.4% to $1.09 and came in a penny ahead of analysts’ estimates, which was enough for the company to narrow and increase the range of its full-year profit forecast.

August 11, 2011

The Global Market Development Center earlier this week named Mark Mechelse to the role of director of industry insights.

COLORADO SPRINGS, Colo. — The Global Market Development Center earlier this week named Mark Mechelse to the role of director of industry insights.

"We are excited to welcome Mark Mechelse into GMDC as one of our newest team members," stated Dave McConnell, president and CEO of GMDC. "The addition of his skill set is a compliment to the GMDC strategy that will enhance the connection between our members, as well as GMDC's education programs; and he will provide insight into market trends."

August 11, 2011

Weis Markets earlier this week named Mike Mignola VP store operations and Bruno Garisto VP center store sales and merchandising.

SUNBURY, Pa. — Weis Markets earlier this week named Mike Mignola VP store operations and Bruno Garisto VP center store sales and merchandising.

August 8, 2011

So, who’s afraid of a bigger, badder Express Scripts-Medco? Apparently not its competitors.

So, who’s afraid of a bigger, badder Express Scripts-Medco?  Apparently not its competitors.

CVS Caremark president and CEO Larry Merlo isn’t worried about a combined ESI-Medco. “Assuming that the proposed transaction is completed, I am more confident than ever that CVS Caremark can and will effectively compete in this vibrant industry,” Merlo said to open his company’s Aug. 4 earnings call with analysts.

August 8, 2011

The U.S. economy still has a pulse, as evidenced in the slight increase of jobs in July as reported by the U.S. Bureau of Labor Statistics on Friday.

WASHINGTON — The U.S. economy still has a pulse, as evidenced in the slight increase of jobs in July as reported by the U.S. Bureau of Labor Statistics on Friday. According to the latest employment figures released by the Bureau of Labor Statistics on Friday, 117,000 jobs were added in July, with the greatest job gains coming in health care (31,000), retail (26,000) and the manufacture of durable goods (more than 24,000). The unemployment was little changed, dropping to 9.1%, the BLS reported.

The question is whether that pulse is strengthening or weakening.

August 8, 2011

Rite Aid has appointed Susan Henderson as SVP and chief communications officer to replace Karen Rugen, who retired last month, the retail pharmacy chain said Monday.

CAMP HILL, Pa. — Rite Aid has appointed Susan Henderson as SVP and chief communications officer to replace Karen Rugen, who retired last month, the retail pharmacy chain said Monday.

Henderson will be responsible for all aspects of corporate communications, including media relations, financial communications, issues management, associate and supplier communications and the company's charity initiatives, reporting to president and CEO John Standley.

August 4, 2011

CVS Caremark posted second-quarter results that were at the high end of its guidance and narrowed its 2011 outlook on continued confidence. But it was the pharmacy benefit management business — and the potential merger of PBM rivals Express Scripts and Medco Health Solutions — that was top of mind for many industry observers, and was a topic that CVS Caremark president and CEO Larry Merlo hit head-on at the start of Thursday morning’s conference call.

WOONSOCKET, R.I. — CVS Caremark posted second-quarter results that were at the high end of its guidance and narrowed its 2011 outlook on continued confidence. But it was the pharmacy benefit management business — and the potential merger of PBM rivals Express Scripts and Medco Health Solutions — that was top of mind for many industry observers, and was a topic that CVS Caremark president and CEO Larry Merlo hit head-on at the start of Thursday morning’s conference call.

July 29, 2011

EyeScience on Thursday introduced a new eye vitamin for those who spend their work day staring at a computer screen in an effort to help prevent and alleviate vision problems associated with computer vision syndrome.

COLUMBUS, Ohio — EyeScience on Thursday introduced a new eye vitamin for those who spend their work day staring at a computer screen in an effort to help prevent and alleviate vision problems associated with computer vision syndrome.

July 29, 2011

Lowering the maximum corporate tax rate could allow CVS Caremark to accelerate investments in U.S. jobs, technology and infrastructure — all of which could ultimately help lower healthcare costs and bolster the economy. That was a key message that CVS Caremark president and CEO Larry Merlo had for the Senate Finance Committee during a recent hearing.

WASHINGTON — Lowering the maximum corporate tax rate could allow CVS Caremark to accelerate investments in U.S. jobs, technology and infrastructure — all of which could ultimately help lower healthcare costs and bolster the economy. That was a key message that CVS Caremark president and CEO Larry Merlo had for the Senate Finance Committee during a recent hearing.