Dollar General on Friday announced that its chairman and CEO, Rick Dreiling has informed the board of directors of his intent to retire as CEO effective May 30, 2015 or upon the appointment of a successor.
Dr. Reddy's Labs has named Satish Reddy as chairman of the board. Reddy previously held the position of vice-chairman, managing director and COO. GV Prasad will continue to serve as CEO and provide leadership to the company in an executive capacity.
On the final evening of the National Association of Chain Drug Stores Annual Meeting in Scottsdale, the association for the first time honored two individuals in the same year with the Sheldon W. Fantle Lifetime Achievement Award: Mary Sammons, chairman of Rite Aid, and Tom Ryan, chairman of CVS Caremark.
The National Association of Chain Drug Stores announced that Robert Loeffler will succeed Larry Merlo as the organization's new board of directors chairman, and also announced the appointment of several other elected officers, at its 2011 Annual Meeting.