MISSISSAUGA, Ontario — The retirement of Katz Group Canada CEO Andy Giancamilli come February will mark the rise of pharmacy veteran Frank Scorpiniti, who will take the helm of the Canadian retailer.
Scorpiniti joined Katz Group Canada in April 2011 as COO. Long regarded as one of the bright young executives in retail pharmacy, Scorpiniti now will get a chance to lead a progressive Canadian pharmacy chain, with a hot new Rexall Healthy Living concept, a national presence under Rexall and a slew of innovative programs like the employer-based Rexall Network program.
“We brought Frank on board in April of this year, and he’ll take over Feb. 1, which is almost a year transition. We got to know him and feel very comfortable with his leadership style. So we are leaving the company in good hands, and it is a strong company,” Giancamilli told Drug Store News. “You know when it’s the right time, and it’s the right time.”
With more than 20 years of retail pharmacy experience, Scorpiniti previously served as SVP pharmacy operations at Duane Reade, a post he held since December 2008. At Duane Reade, the efforts on the back end in pharmacy, spearheaded by Scorpiniti and his team, resulted in a cost reduction for the company, better in-stocks for stores and less wait time for pharmacy customers.
Scorpiniti came to Duane Reade from West Coast regional player Longs Drug Stores, which was acquired by CVS Caremark in October 2008. While at Longs, Scorpiniti held positions of increasing responsibility and ultimately served as VP pharmacy operations, overseeing all aspects of Longs’ pharmacy business.
Now Scorpiniti inherits Katz Group, which encompasses more than 1,800 chain, franchise and independent pharmacies across Canada.