ALEXANDRIA, Va. — The National Association of Chain Drug Stores announced on Wednesday that Jim Huber, EVP and CFO of NACDS, is retiring after 25 years of service. He will be succeed by David Fitzsimmons has been promoted to SVP of finance and administration.
Fitzsimmons currently serves as VP finance and accounting. He will succeed Huber effective Dec. 21, 2012.
“As he embarks on his retirement, I thank Jim Huber for his unwavering dedication to NACDS for more than two decades. In planning for a seamless transition and in ensuring successful completion of a host of projects, Jim has provided an excellent example of what it means to finish strong, and now we wish him all the best — we are quite sure he will remain active in many ways,” stated NACDS president and CEO Steve Anderson.
In his new role, Fitzsimmons will report to Anderson and is responsible for all financial and fiduciary operations and policies of the association, including affiliated entities, trusts and investments. He also will be responsible for the preparation of the annual operating budget in concert with the NACDS president, NACDS finance committee and NACDS board of directors.
In addition, Fitzsimmons will manage oversight of the association’s technology-related activities, and will work closely with the member programs and services department to meet financial and strategic objectives.
“With Dave at the helm, I am confident that NACDS’ financial position remains in good hands. His expertise and 29-year career in finance make him an excellent choice to lead the association’s financial activities,” Anderson said. “I am pleased to welcome him into his new role and look forward to working with him to maintain NACDS’ position of strength to meet the association’s objectives in the areas of advocacy, communications and member services for the ultimate good of pharmacy patient care.”